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Aesthetik Engineers (NSE:AESTHETIK) Days Inventory : 58.67 (As of Mar. 2024)


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What is Aesthetik Engineers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aesthetik Engineers's Average Total Inventories for the six months ended in Mar. 2024 was ₹79.5 Mil. Aesthetik Engineers's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹494.8 Mil. Hence, Aesthetik Engineers's Days Inventory for the six months ended in Mar. 2024 was 29.33.

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

NSE:AESTHETIK' s Days Inventory Range Over the Past 10 Years
Min: 46.28   Med: 60.54   Max: 120.62
Current: 58.67

During the past 4 years, Aesthetik Engineers's highest Days Inventory was 120.62. The lowest was 46.28. And the median was 60.54.

NSE:AESTHETIK's Days Inventory is ranked worse than
55.56% of 1458 companies
in the Construction industry
Industry Median: 47.125 vs NSE:AESTHETIK: 58.67

Aesthetik Engineers's Days Inventory declined from Mar. 2022 (62.41) to Mar. 2024 (58.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aesthetik Engineers's Inventory Turnover for the six months ended in Mar. 2024 was 6.22.

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. Aesthetik Engineers's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.13.


Aesthetik Engineers Days Inventory Historical Data

The historical data trend for Aesthetik Engineers'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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Aesthetik Engineers Days Inventory Chart

Aesthetik Engineers Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
120.62 62.41 46.28 58.67

Aesthetik Engineers Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Days Inventory 120.62 62.41 46.28 58.67

Competitive Comparison of Aesthetik Engineers's Days Inventory

For the Engineering & Construction subindustry, Aesthetik Engineers'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.


Aesthetik Engineers's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Aesthetik Engineers's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aesthetik Engineers's Days Inventory falls into.



Aesthetik Engineers Days Inventory Calculation

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

Aesthetik Engineers'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
=( (48.364 + 110.685) / 2 ) / 494.769*365
=79.5245 / 494.769*365
=58.67

Aesthetik Engineers's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (48.364 + 110.685) / 2 ) / 494.769*365 / 2
=79.5245 / 494.769*365 / 2
=29.33

* 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.


Aesthetik Engineers  (NSE:AESTHETIK) 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.

Aesthetik Engineers's Inventory Turnover for the six months ended in Mar. 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.

Aesthetik Engineers's Inventory to Revenue for the six months ended in Mar. 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.


Aesthetik Engineers Days Inventory Related Terms

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


Aesthetik Engineers Business Description

Traded in Other Exchanges
N/A
Address
Rajdanga Main Road, 1858/1, 5th Floor, Unit 503-505, Acropolis Mall, Kasba, Kolkata, WB, IND, 700107
Aesthetik Engineers Ltd is engaged in the design, engineering, fabrication, and installation of facade systems. Its portfolio includes Building facades, Aluminium Doors, and Windows, Railing and Staircase, and Glassfibre Reinforced Concrete (GFRC). The company offers various products and services to meet the demands of its customers who belong to various industries such as Hospitality, Residential, Commercial, and Infrastructure Projects. It executes end-to-end solutions of its offerings i.e., from designing of facade to the installation of the facade at the site.

Aesthetik Engineers Headlines

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