Ashapura Logistics (NSE:ASHALOG) Days Inventory : 0.00 (As of Mar. 2024)

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What is Ashapura Logistics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ashapura Logistics's Average Total Inventories for the six months ended in Mar. 2024 was ₹0 Mil. Ashapura Logistics's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹1,538 Mil. Hence, Ashapura Logistics's Days Inventory for the six months ended in Mar. 2024 was 0.00.

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

NSE:ASHALOG's Days Inventory is not ranked ^*
in the Transportation industry.
Industry Median: 11.98
* Ranked among companies with meaningful Days Inventory only.

Ashapura Logistics's Days Inventory stayed the same from Mar. 2022 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Ashapura Logistics's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.00.

Ashapura Logistics Days Inventory Historical Data

The historical data trend for Ashapura Logistics'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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Ashapura Logistics Days Inventory Chart

Ashapura Logistics Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Inventory

Ashapura Logistics Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Days Inventory	-	-	-	-

Competitive Comparison of Ashapura Logistics's Days Inventory

For the Integrated Freight & Logistics subindustry, Ashapura Logistics'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.

Ashapura Logistics's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ashapura Logistics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ashapura Logistics's Days Inventory falls into.

Ashapura Logistics Days Inventory Calculation

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

Ashapura Logistics'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
=	( (0	+	0)	/	1 )	/	1537.544	*	365
=	0					/	1537.544	*	365
=	0.00

Ashapura Logistics'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
=	( (0	+	0)	/	1 )	/	1537.544	*	365 / 2
=	0					/	1537.544	*	365 / 2
=	0.00

Ashapura Logistics (NSE:ASHALOG) 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.

Ashapura Logistics's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1537.544	/	0
	=

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.

Ashapura Logistics's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1990.091
	=	0.00

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.

Ashapura Logistics Days Inventory Related Terms

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

Ashapura Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ashapura Logistics Ltd (NSE:ASHALOG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

S.G. Highway, B-902 Shapath Hexa, Opposite High Court, Sola, Ahmedabad, GJ, IND, 380060

Website

https://www.ashapura.in

Ashapura Logistics Ltd is an integrated logistics company in India. It operates in (i) Cargo handling and freight forwarding segment; (ii) Transportation (including project logistics and third-party logistics (3PL)); (iii) Warehousing and Distribution and (iv) other services (including coastal movement). The transportation business generated key revenue for the company.

Ashapura Logistics Headlines

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