Archean Chemical Industries (NSE:ACI) Days Inventory : 826.05 (As of Sep. 2024)

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What is Archean Chemical Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Archean Chemical Industries's Average Total Inventories for the three months ended in Sep. 2024 was ₹1,239 Mil. Archean Chemical Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹137 Mil. Hence, Archean Chemical Industries's Days Inventory for the three months ended in Sep. 2024 was 826.05.

The historical rank and industry rank for Archean Chemical Industries's Days Inventory or its related term are showing as below:

NSE:ACI' s Days Inventory Range Over the Past 10 Years
Min: 614.18 Med: 4297.74 Max: 107031.65
Current: 1381.15

During the past 5 years, Archean Chemical Industries's highest Days Inventory was 107031.65. The lowest was 614.18. And the median was 4297.74.

NSE:ACI's Days Inventory is ranked worse than
99.53% of 1493 companies
in the Chemicals industry
Industry Median: 79.65 vs NSE:ACI: 1381.15

Archean Chemical Industries's Days Inventory increased from Sep. 2023 (693.99) to Sep. 2024 (826.05). It might indicate that Archean Chemical Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Archean Chemical Industries's Inventory Turnover for the three months ended in Sep. 2024 was 0.11.

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. Archean Chemical Industries's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.52.

Archean Chemical Industries Days Inventory Historical Data

The historical data trend for Archean Chemical Industries'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.

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Archean Chemical Industries Days Inventory Chart

Archean Chemical Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

107,031.65

4,297.74

1,074.06

19,286.77

614.18

Archean Chemical Industries Quarterly Data
	Mar20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial										693.99	277.39	-	-	826.05

Competitive Comparison of Archean Chemical Industries's Days Inventory

For the Chemicals subindustry, Archean Chemical Industries'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.

Archean Chemical Industries's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Archean Chemical Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Archean Chemical Industries's Days Inventory falls into.

Archean Chemical Industries Days Inventory Calculation

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

Archean Chemical Industries's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (1677.637	+	1272.934)	/	2 )	/	876.742	*	365
=	1475.2855					/	876.742	*	365
=	614.18

Archean Chemical Industries's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	1239.307)	/	1 )	/	136.9	*	365 / 4
=	1239.307					/	136.9	*	365 / 4
=	826.05

Archean Chemical Industries (NSE:ACI) 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.

Archean Chemical Industries's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	136.9	/	1239.307
	=	0.11

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.

Archean Chemical Industries's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1239.307	/	2404.552
	=	0.52

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.

Archean Chemical Industries Days Inventory Related Terms

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Archean Chemical Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Archean Chemical Industries Ltd (NSE:ACI) » Definitions » Days Inventory

Traded in Other Exchanges

543657:India

Address

No. 2, North Crescent Road, T Nagar, Chennai, TN, IND, 600017

Website

https://www.archeanchemicals.com

Archean Chemical Industries Ltd exporter of bromine and industrial salt. It is a specialty marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world. The company generates a majority of its revenue from overseas markets and the rest from India.