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Agarwal Float Glass India (NSE:AGARWALFT) Days Inventory : 57.46 (As of Sep. 2023)


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What is Agarwal Float Glass India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Agarwal Float Glass India's Average Total Inventories for the six months ended in Sep. 2023 was ₹126.0 Mil. Agarwal Float Glass India's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹400.2 Mil. Hence, Agarwal Float Glass India's Days Inventory for the six months ended in Sep. 2023 was 57.46.

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

NSE:AGARWALFT' s Days Inventory Range Over the Past 10 Years
Min: 68.43   Med: 78.68   Max: 87.66
Current: 70.82

During the past 4 years, Agarwal Float Glass India's highest Days Inventory was 87.66. The lowest was 68.43. And the median was 78.68.

NSE:AGARWALFT's Days Inventory is ranked better than
58.6% of 372 companies
in the Building Materials industry
Industry Median: 83.96 vs NSE:AGARWALFT: 70.82

Agarwal Float Glass India's Days Inventory declined from Sep. 2022 (91.76) to Sep. 2023 (57.46).

Inventory Turnover measures how fast the company turns over its inventory within a year. Agarwal Float Glass India's Inventory Turnover for the six months ended in Sep. 2023 was 3.18.

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 Float Glass India's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.30.


Agarwal Float Glass India Days Inventory Historical Data

The historical data trend for Agarwal Float Glass India'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 Float Glass India Days Inventory Chart

Agarwal Float Glass India Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Days Inventory
75.37 81.99 68.43 87.66

Agarwal Float Glass India Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial - - 91.76 95.11 57.46

Competitive Comparison of Agarwal Float Glass India's Days Inventory

For the Building Materials subindustry, Agarwal Float Glass India'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 Float Glass India's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Agarwal Float Glass India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Agarwal Float Glass India's Days Inventory falls into.



Agarwal Float Glass India Days Inventory Calculation

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

Agarwal Float Glass India's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (75.986 + 123.693) / 2 ) / 415.718*365
=99.8395 / 415.718*365
=87.66

Agarwal Float Glass India's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (123.693 + 128.289) / 2 ) / 400.172*365 / 2
=125.991 / 400.172*365 / 2
=57.46

* 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 Float Glass India  (NSE:AGARWALFT) 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 Float Glass India's Inventory Turnover for the six months ended in Sep. 2023 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 Float Glass India's Inventory to Revenue for the six months ended in Sep. 2023 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 Float Glass India Days Inventory Related Terms

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


Agarwal Float Glass India (NSE:AGARWALFT) Business Description

Traded in Other Exchanges
N/A
Address
H-1/790, Sitapura Industrial Area Ext., Near Fire Bridge Office, Jaipur, RJ, IND, 302022
Agarwal Float Glass India Ltd is engaged in the business of trading of glass and specialized glass products. The company procures quality products from manufacturers and thereafter sells the same through the sales managers or directly to customers, as a wholesaler of glass and glass products. The products are utilized in varied areas like office buildings, hotels, institutions, banks, insurance companies, shopping malls, diplomatic residences, and many others as per suitability. The product portfolio ranges between clear glass, different kinds of value-added glass products and processed glass products, of varying thicknesses.

Agarwal Float Glass India (NSE:AGARWALFT) Headlines

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