Artedz Fabs (NSE:ARTEDZ) Days Inventory: 144.55 (As of Sep. 2018)


What is Artedz Fabs Days Inventory?

Artedz Fabs NSE:ARTEDZ Days Inventory is 144.55 as of Sep. 2018.

Days Inventory is also known as Days Sales of Inventory (DSI). Artedz Fabs's Average Total Inventories for the six months ended in Sep. 2018 was ₹225.1 Mil. Artedz Fabs's Cost of Goods Sold for the six months ended in Sep. 2018 was ₹284.2 Mil. Hence, Artedz Fabs's Days Inventory for the six months ended in Sep. 2018 was 144.55.

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

NSE:ARTEDZ's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 132.61
* Ranked among companies with meaningful Days Inventory only.

Artedz Fabs's Days Inventory increased from Mar. 2017 (0.00) to Sep. 2018 (144.55). It might indicate that Artedz Fabs's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Artedz Fabs's Inventory Turnover for the six months ended in Sep. 2018 was 1.26.

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. Artedz Fabs's Inventory-to-Revenue for the six months ended in Sep. 2018 was 0.61.

Artedz Fabs  (NSE:ARTEDZ) 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.

Artedz Fabs's Inventory Turnover for the six months ended in Sep. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=284.201 / 225.1075
=1.26

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.

Artedz Fabs's Inventory to Revenue for the six months ended in Sep. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=225.1075 / 366.275
=0.61

* 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.

Artedz Fabs Days Inventory Related Terms

Artedz Fabs Days Inventory Historical Data

* Premium members only.

The historical data trend for Artedz Fabs'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.

Artedz Fabs Days Inventory Chart

Artedz Fabs Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Days Inventory
213.90 185.42 162.45 139.05 136.13

Artedz Fabs Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18
Days Inventory Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 144.55

NSE:ARTEDZ vs : Days Inventory Comparison

For the Textile Manufacturing subindustry, Artedz Fabs'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.

Artedz Fabs Days Inventory vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Artedz Fabs's Days Inventory distribution charts can be found below:

* The bar in red indicates where Artedz Fabs's Days Inventory falls into.


Artedz Fabs Days Inventory Calculation

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

Artedz Fabs's Days Inventory for the fiscal year that ended in Mar. 2018 is calculated as

Days Inventory (A: Mar. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2017 ) + Total Inventories (A: Mar. 2018 )) / count ) / Cost of Goods Sold (A: Mar. 2018 )*Days in Period
=( (171.265 + 208.241) / 2 ) / 508.789*365
=189.753 / 508.789*365
=136.13

Artedz Fabs's Days Inventory for the quarter that ended in Sep. 2018 is calculated as:

Days Inventory (Q: Sep. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2018 ) + Total Inventories (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (208.241 + 241.974) / 2 ) / 284.201*365 / 2
=225.1075 / 284.201*365 / 2
=144.55

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 144.55 mean?
Artedz Fabs (NSE:ARTEDZ) has a Days Inventory of 144.55 as of Sep. 2018. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Artedz Fabs and its competitors.
Is Artedz Fabs' Days Inventory too high?
Artedz Fabs' current Days Inventory is 144.55. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.61. Artedz Fabs' value of 144.55 is 9% above this industry median.
How does Artedz Fabs' Days Inventory compare to ?
Artedz Fabs' Days Inventory of 144.55 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Inventory is 132.61. Artedz Fabs' value of 144.55 is 9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.61, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Artedz Fabs's current Days Inventory of 144.55 is 9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Artedz Fabs and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artedz Fabs's current Days Inventory is 144.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artedz Fabs stock overvalued right now?
Artedz Fabs (NSE:ARTEDZ) has a current Days Inventory of 144.55. The current Days Inventory is 144.55 and 9% above the Manufacturing - Apparel & Accessories industry median of 132.61. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Artedz Fabs (NSE:ARTEDZ), the current Days Inventory is 144.55 as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Artedz Fabs Business Description

Comparable Companies
Address Off Aarey Road, 206, Gambhir Industrial Estate, Opposite Paramount Print, Hanuman Tekdi, Mumbai, MH, IND, 400063
Artedz Fabs Ltd is a leading manufacturer of cotton yarn dyed fabrics in India. The portfolio encompasses manufacturing of premium quality apparel fabrics for men's clothing by producing various fabric blends and selling directly to manufacturers, retailers and global brands. Besides the regular cotton qualities, it also deals in fancy yarns like slubs, blended yarns like tensil linens, cotton modals, cotton linens and lycra.