Aristo Bio-Tech and Lifescience (NSE:ARISTO) Days Inventory : 39.25 (As of Sep. 2024)

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What is Aristo Bio-Tech and Lifescience Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aristo Bio-Tech and Lifescience's Average Total Inventories for the six months ended in Sep. 2024 was ₹424 Mil. Aristo Bio-Tech and Lifescience's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹1,974 Mil. Hence, Aristo Bio-Tech and Lifescience's Days Inventory for the six months ended in Sep. 2024 was 39.25.

The historical rank and industry rank for Aristo Bio-Tech and Lifescience's Days Inventory or its related term are showing as below:

NSE:ARISTO' s Days Inventory Range Over the Past 10 Years
Min: 39.69 Med: 56.18 Max: 67.52
Current: 45.6

During the past 5 years, Aristo Bio-Tech and Lifescience's highest Days Inventory was 67.52. The lowest was 39.69. And the median was 56.18.

NSE:ARISTO's Days Inventory is ranked better than
85.54% of 242 companies
in the Agriculture industry
Industry Median: 105.94 vs NSE:ARISTO: 45.60

Aristo Bio-Tech and Lifescience's Days Inventory declined from Sep. 2023 (45.19) to Sep. 2024 (39.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aristo Bio-Tech and Lifescience's Inventory Turnover for the six months ended in Sep. 2024 was 4.65.

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. Aristo Bio-Tech and Lifescience's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.20.

Aristo Bio-Tech and Lifescience Days Inventory Historical Data

The historical data trend for Aristo Bio-Tech and Lifescience'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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Aristo Bio-Tech and Lifescience Days Inventory Chart

Aristo Bio-Tech and Lifescience Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

39.69

56.18

67.52

50.45

56.31

Aristo Bio-Tech and Lifescience Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial			39.19	62.55	45.19	58.89	39.25

Competitive Comparison of Aristo Bio-Tech and Lifescience's Days Inventory

For the Agricultural Inputs subindustry, Aristo Bio-Tech and Lifescience'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.

Aristo Bio-Tech and Lifescience's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Aristo Bio-Tech and Lifescience's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aristo Bio-Tech and Lifescience's Days Inventory falls into.

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Aristo Bio-Tech and Lifescience Days Inventory Calculation

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

Aristo Bio-Tech and Lifescience'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
=	( (307.771	+	401.866)	/	2 )	/	2300.09	*	365
=	354.8185					/	2300.09	*	365
=	56.31

Aristo Bio-Tech and Lifescience'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: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (401.866	+	447.127)	/	2 )	/	1973.602	*	365 / 2
=	424.4965					/	1973.602	*	365 / 2
=	39.25

Aristo Bio-Tech and Lifescience (NSE:ARISTO) 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.

Aristo Bio-Tech and Lifescience's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1973.602	/	424.4965
	=	4.65

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.

Aristo Bio-Tech and Lifescience's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	424.4965	/	2141.459
	=	0.20

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.

Aristo Bio-Tech and Lifescience Days Inventory Related Terms

Thank you for viewing the detailed overview of Aristo Bio-Tech and Lifescience's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Aristo Bio-Tech and Lifescience Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Aristo Bio-Tech and Lifescience Ltd (NSE:ARISTO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

E-24, 25, 26, G.I.D.C, Manjusar, Taluka Savli, Vadodara, GJ, IND, 391775

Website

https://www.aristobiotech.com

Aristo Bio-Tech and Lifescience Ltd is an agrochemical company. It is mainly engaged in the manufacturing, formulation, supplying, packaging and job work services of various pesticides. The company exports products like Insecticides, Herbicides, Fungicides, Plant Growth Regulators and a wide variety of other Agrochemicals.

Aristo Bio-Tech and Lifescience Headlines

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