Appollo Ispat Complex (DHA:APOLOISPAT) Days Inventory: 203.44 (As of Mar. 2019)


DHA:APOLOISPAT Appollo Ispat Complex Ltd DHA:APOLOISPAT
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What is Appollo Ispat Complex Days Inventory?

Appollo Ispat Complex DHA:APOLOISPAT 5 Days Inventory is 203.44 as of Mar. 2019. GuruFocus rates DHA:APOLOISPAT with a GF Score™ of 5/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Appollo Ispat Complex's Average Total Inventories for the three months ended in Mar. 2019 was BDT1,258 Mil. Appollo Ispat Complex's Cost of Goods Sold for the three months ended in Mar. 2019 was BDT564 Mil. Hence, Appollo Ispat Complex's Days Inventory for the three months ended in Mar. 2019 was 203.44.

The historical rank and industry rank for Appollo Ispat Complex's Days Inventory or its related term are showing as below:

DHA:APOLOISPAT's Days Inventory is not ranked *
in the Steel industry.
Industry Median: 86.42
* Ranked among companies with meaningful Days Inventory only.

Appollo Ispat Complex's Days Inventory increased from Mar. 2018 (171.47) to Mar. 2019 (203.44). It might indicate that Appollo Ispat Complex's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Appollo Ispat Complex's Inventory Turnover for the three months ended in Mar. 2019 was 0.45.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Appollo Ispat Complex's Inventory-to-Revenue for the three months ended in Mar. 2019 was 1.83.


Appollo Ispat Complex  (DHA:APOLOISPAT) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Appollo Ispat Complex's Inventory Turnover for the three months ended in Mar. 2019 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Appollo Ispat Complex's Inventory to Revenue for the three months ended in Mar. 2019 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Appollo Ispat Complex Days Inventory Related Terms


Appollo Ispat Complex Days Inventory Historical Data

* Premium members only.

The historical data trend for Appollo Ispat Complex's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Appollo Ispat Complex Days Inventory Chart

Appollo Ispat Complex Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Days Inventory
Get a 7-Day Free Trial 348.08 310.15 239.16 178.62 227.57

Appollo Ispat Complex Quarterly Data
Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 171.47 393.68 375.28 403.42 203.44

DHA:APOLOISPAT vs TPCS: Days Inventory Comparison

For the Steel subindustry, Appollo Ispat Complex's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Appollo Ispat Complex Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Appollo Ispat Complex's Days Inventory distribution charts can be found below:

* The bar in red indicates where Appollo Ispat Complex's Days Inventory falls into.


DHA:APOLOISPAT
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Appollo Ispat Complex Ltd DHA:APOLOISPAT
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Appollo Ispat Complex Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Appollo Ispat Complex's Days Inventory for the fiscal year that ended in Jun. 2018 is calculated as

Days Inventory (A: Jun. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2017 ) + Total Inventories (A: Jun. 2018 )) / count ) / Cost of Goods Sold (A: Jun. 2018 )*Days in Period
=( (2073.061 + 1852.044) / 2 ) / 3147.799*365
=1962.5525 / 3147.799*365
=227.57

Appollo Ispat Complex's Days Inventory for the quarter that ended in Mar. 2019 is calculated as:

Days Inventory (Q: Mar. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Mar. 2019 )) / count ) / Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=( (1201.829 + 1314.44) / 2 ) / 564.309*365 / 4
=1258.1345 / 564.309*365 / 4
=203.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 203.44 mean?
Appollo Ispat Complex (DHA:APOLOISPAT) has a Days Inventory of 203.44 as of Mar. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Appollo Ispat Complex and its competitors.
Is Appollo Ispat Complex's Days Inventory too high?
Appollo Ispat Complex's current Days Inventory is 203.44. The Steel industry median Days Inventory is 86.42. Appollo Ispat Complex's value of 203.44 is 135.4% above this industry median. Overall, Appollo Ispat Complex has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Appollo Ispat Complex's Days Inventory compare to TPCS?
Appollo Ispat Complex's Days Inventory of 203.44 can be compared against companies in the Steel industry. The industry median Days Inventory is 86.42. Appollo Ispat Complex's value of 203.44 is 135.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Steel company?
The median Days Inventory among Steel companies is 86.42, based on 581 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Appollo Ispat Complex's current Days Inventory of 203.44 is 135.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Appollo Ispat Complex and its competitors. For the Steel industry, the median Days Inventory is 86.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Appollo Ispat Complex's current Days Inventory is 203.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appollo Ispat Complex stock overvalued right now?
Appollo Ispat Complex (DHA:APOLOISPAT) has a current Days Inventory of 203.44. The current Days Inventory is 203.44 and 135.4% above the Steel industry median of 86.42. Appollo Ispat Complex's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Appollo Ispat Complex (DHA:APOLOISPAT), the current Days Inventory is 203.44 as of Mar. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Appollo Ispat Complex Business Description

Address 407, Tejgaon Industrial Area, Dhaka, BGD, 1208
Appollo Ispat Complex Ltd manufactures and sells corrugated iron sheets in Bangladesh and internationally. It offers cold rolled coils; iron or steel galvanized sheets/coils; and ridges. The company's products are used for roofing of new factories, warehouses, and sheds in industrial applications; roofing cow sheds, the roofing and side fencing of poultry farms, and the fencing of agricultural projects; and roofing small shops, shutter as well as for fencing around the construction area.
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