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Atlas Battery (KAR:ATBA) Days Inventory : 141.26 (As of Dec. 2024)


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What is Atlas Battery Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atlas Battery's Average Total Inventories for the three months ended in Dec. 2024 was ₨9,786 Mil. Atlas Battery's Cost of Goods Sold for the three months ended in Dec. 2024 was ₨6,322 Mil. Hence, Atlas Battery's Days Inventory for the three months ended in Dec. 2024 was 141.26.

The historical rank and industry rank for Atlas Battery's Days Inventory or its related term are showing as below:

KAR:ATBA' s Days Inventory Range Over the Past 10 Years
Min: 3.77   Med: 65.83   Max: 118.76
Current: 108.71

During the past 13 years, Atlas Battery's highest Days Inventory was 118.76. The lowest was 3.77. And the median was 65.83.

KAR:ATBA's Days Inventory is ranked worse than
67.5% of 1277 companies
in the Vehicles & Parts industry
Industry Median: 80.52 vs KAR:ATBA: 108.71

Atlas Battery's Days Inventory increased from Dec. 2023 (130.69) to Dec. 2024 (141.26). It might indicate that Atlas Battery's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Atlas Battery's Inventory Turnover for the three months ended in Dec. 2024 was 0.65.

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. Atlas Battery's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.37.


Atlas Battery Days Inventory Historical Data

The historical data trend for Atlas Battery'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.

* Premium members only.

Atlas Battery Days Inventory Chart

Atlas Battery Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.70 65.95 74.46 80.30 118.76

Atlas Battery Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 130.69 87.23 109.01 117.49 141.26

Competitive Comparison of Atlas Battery's Days Inventory

For the Auto Parts subindustry, Atlas Battery'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.


Atlas Battery's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Atlas Battery's Days Inventory distribution charts can be found below:

* The bar in red indicates where Atlas Battery's Days Inventory falls into.


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Atlas Battery Days Inventory Calculation

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

Atlas Battery's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (10647.082 + 12477.62) / 2 ) / 35535.871*365
=11562.351 / 35535.871*365
=118.76

Atlas Battery's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (9652.975 + 9919.62) / 2 ) / 6321.574*365 / 4
=9786.2975 / 6321.574*365 / 4
=141.26

* 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.


Atlas Battery  (KAR:ATBA) 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.

Atlas Battery's Inventory Turnover for the three months ended in Dec. 2024 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.

Atlas Battery's Inventory to Revenue for the three months ended in Dec. 2024 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.


Atlas Battery Days Inventory Related Terms

Thank you for viewing the detailed overview of Atlas Battery's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Battery Business Description

Traded in Other Exchanges
N/A
Address
D-181, Central Avenue, S.I.T.E., Karachi, SD, PAK, 75730
Atlas Battery Ltd is engaged in the manufacturing and sale of automotive, motorcycle and energy storage batteries and their allied products. Its products are mainly categorized in light, medium and heavy batteries for automotive, motorcycle batteries, energy storage batteries and distilled water. The company serves various segments including Original Equipment Manufacturers (OEMs), domestic appliances, industrial equipment and replacement market through nationwide dealership network. The usage of batteries includes vehicles, motorcycles, heavy vehicles including tractors, buses and energy backup solution such as UPS (Uninterrupted Power Supply equipment), Solar Panels and Gensets.

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