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Agarwal Industrial (NSE:AGARIND) Days Inventory : 57.19 (As of Sep. 2024)


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What is Agarwal Industrial Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Agarwal Industrial's Average Total Inventories for the three months ended in Sep. 2024 was ₹1,344 Mil. Agarwal Industrial's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹2,144 Mil. Hence, Agarwal Industrial's Days Inventory for the three months ended in Sep. 2024 was 57.19.

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

NSE:AGARIND' s Days Inventory Range Over the Past 10 Years
Min: 13.78   Med: 16.95   Max: 26.37
Current: 20.85

During the past 13 years, Agarwal Industrial's highest Days Inventory was 26.37. The lowest was 13.78. And the median was 16.95.

NSE:AGARIND's Days Inventory is ranked better than
95.38% of 1494 companies
in the Chemicals industry
Industry Median: 79.62 vs NSE:AGARIND: 20.85

Agarwal Industrial's Days Inventory increased from Sep. 2023 (47.10) to Sep. 2024 (57.19). It might indicate that Agarwal Industrial's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Agarwal Industrial's Inventory Turnover for the three months ended in Sep. 2024 was 1.60.

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. Agarwal Industrial's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.41.


Agarwal Industrial Days Inventory Historical Data

The historical data trend for Agarwal Industrial'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.

Agarwal Industrial Days Inventory Chart

Agarwal Industrial Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.78 16.87 14.15 17.88 23.26

Agarwal Industrial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 47.10 19.93 13.62 20.74 57.19

Competitive Comparison of Agarwal Industrial's Days Inventory

For the Specialty Chemicals subindustry, Agarwal Industrial'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.


Agarwal Industrial's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Agarwal Industrial's Days Inventory falls into.



Agarwal Industrial Days Inventory Calculation

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

Agarwal Industrial'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
=( (1161.014 + 1277.634) / 2 ) / 19136.423*365
=1219.324 / 19136.423*365
=23.26

Agarwal Industrial'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 + 1343.902) / 1 ) / 2144.439*365 / 4
=1343.902 / 2144.439*365 / 4
=57.19

* 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.


Agarwal Industrial  (NSE:AGARIND) 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.

Agarwal Industrial's Inventory Turnover for the three months ended in Sep. 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.

Agarwal Industrial's Inventory to Revenue for the three months ended in Sep. 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.


Agarwal Industrial Days Inventory Related Terms

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


Agarwal Industrial Business Description

Traded in Other Exchanges
Address
S.T. Road, V.N. Purav Marg, Plot Number 12, Eastern Court, Unit No. 201-202, Chembur, Mumbai, MH, IND, 400 071
Agarwal Industrial Corp Ltd is engaged in manufacturing and trading petrochemicals, Bitumen and Liquefied Petroleum Gas (LPG) logistics, and energy generation through windmills. The company's operating segment includes the Ancillary Infra - Bitumen & Allied products; Logistics and Windmill. It generates maximum revenue from the Ancillary Infra - Bitumen & Allied products segment, including Bituminous and Allied Products. The company's product categories include Paving Grade Bitumen; Industrial Grade Bitumen; Bitumen Emulsion for Road Construction; CRMB: Crumb Rubber Modified Bitumen; Polymer Modified bitumen (PMB); Byproducts/Waterproofing materials; and Bituminous Expansion Jointing Boards.

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