AVP Infracon (NSE:AVPINFRA) Days Inventory : 210.47 (As of Mar. 2023)

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What is AVP Infracon Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AVP Infracon's Average Total Inventories for the six months ended in Mar. 2023 was ₹489 Mil. AVP Infracon's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹847 Mil. Hence, AVP Infracon's Days Inventory for the six months ended in Mar. 2023 was 105.23.

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

NSE:AVPINFRA's Days Inventory is not ranked ^*
in the Construction industry.
Industry Median: 48.2
* Ranked among companies with meaningful Days Inventory only.

AVP Infracon's Days Inventory increased from Mar. 2021 (125.44) to Mar. 2023 (210.47). It might indicate that AVP Infracon's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. AVP Infracon's Inventory Turnover for the six months ended in Mar. 2023 was 1.73.

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. AVP Infracon's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.42.

AVP Infracon Days Inventory Historical Data

The historical data trend for AVP Infracon'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.

AVP Infracon Days Inventory Chart

AVP Infracon Annual Data

Trend

Mar21

Mar22

Mar23

Days Inventory

125.44

147.02

210.47

AVP Infracon Semi-Annual Data
	Mar21	Mar22	Mar23
Days Inventory	125.44	147.02	210.47

Competitive Comparison of AVP Infracon's Days Inventory

For the Engineering & Construction subindustry, AVP Infracon'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.

AVP Infracon's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, AVP Infracon's Days Inventory distribution charts can be found below:

* The bar in red indicates where AVP Infracon's Days Inventory falls into.

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AVP Infracon Days Inventory Calculation

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

AVP Infracon'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
=	( (242.487	+	734.513)	/	2 )	/	847.182	*	365
=	488.5					/	847.182	*	365
=	210.47

AVP Infracon's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (242.487	+	734.513)	/	2 )	/	847.182	*	365 / 2
=	488.5					/	847.182	*	365 / 2
=	105.23

AVP Infracon (NSE:AVPINFRA) 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.

AVP Infracon's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	847.182	/	488.5
	=	1.73

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.

AVP Infracon's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	488.5	/	1149.809
	=	0.42

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.

AVP Infracon Days Inventory Related Terms

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

AVP Infracon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AVP Infracon Ltd (NSE:AVPINFRA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. E-30, Second floor, IInd Avenue, Besant Nagar, Chennai, TN, IND, 600090

Website

https://www.avpinfra.com

AVP Infracon Ltd is engaged in the construction of road projects based on Bill of Quantities (BOQ) and Engineering, Procurement, and Construction (EPC) methods. Its is in the business of construction and transacts the business to construct, build, alter, acquire, convert, improve, design, erect, establish, equip, develop, dismantle, pull down, level, decorate, fabricate, reconstruct, renovate, remodel, rebuild all types of infrastructure developmental works, constructions works such as technically complex and high value projects like Express ways, National Highways, Flyovers, Bridges and Viaducts, Irrigation Projects, Urban Development - Civic amenities, Hospitals, warehouses, hotels and other Commercial and Residential Projects.

AVP Infracon Headlines

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