Sandur Manganese And Iron Ores (BOM:504918) Days Inventory : 680.50 (As of Mar. 2024)

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What is Sandur Manganese And Iron Ores Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sandur Manganese And Iron Ores's Average Total Inventories for the three months ended in Mar. 2024 was ₹3,882 Mil. Sandur Manganese And Iron Ores's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹521 Mil. Hence, Sandur Manganese And Iron Ores's Days Inventory for the three months ended in Mar. 2024 was 680.50.

The historical rank and industry rank for Sandur Manganese And Iron Ores's Days Inventory or its related term are showing as below:

BOM:504918' s Days Inventory Range Over the Past 10 Years
Min: 94.75 Med: 273.31 Max: 722.27
Current: 677.8

During the past 13 years, Sandur Manganese And Iron Ores's highest Days Inventory was 722.27. The lowest was 94.75. And the median was 273.31.

BOM:504918's Days Inventory is ranked worse than
98.78% of 573 companies
in the Steel industry
Industry Median: 86.42 vs BOM:504918: 677.80

Sandur Manganese And Iron Ores's Days Inventory increased from Mar. 2023 (136.68) to Mar. 2024 (680.50). It might indicate that Sandur Manganese And Iron Ores's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sandur Manganese And Iron Ores's Inventory Turnover for the three months ended in Mar. 2024 was 0.13.

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. Sandur Manganese And Iron Ores's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.70.

Sandur Manganese And Iron Ores Days Inventory Historical Data

The historical data trend for Sandur Manganese And Iron Ores'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.

Sandur Manganese And Iron Ores Days Inventory Chart

Sandur Manganese And Iron Ores Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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722.27

464.24

107.90

94.75

695.48

Sandur Manganese And Iron Ores Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															136.68	209.22	6,974.30	-	680.50

Competitive Comparison of Sandur Manganese And Iron Ores's Days Inventory

For the Steel subindustry, Sandur Manganese And Iron Ores'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.

Sandur Manganese And Iron Ores's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sandur Manganese And Iron Ores's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sandur Manganese And Iron Ores's Days Inventory falls into.

Sandur Manganese And Iron Ores Days Inventory Calculation

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

Sandur Manganese And Iron Ores'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
=	( (2918.816	+	3882.4)	/	2 )	/	1784.7	*	365
=	3400.608					/	1784.7	*	365
=	695.48

Sandur Manganese And Iron Ores'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	3882.4)	/	1 )	/	520.6	*	365 / 4
=	3882.4					/	520.6	*	365 / 4
=	680.50

Sandur Manganese And Iron Ores (BOM:504918) 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.

Sandur Manganese And Iron Ores's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	520.6	/	3882.4
	=	0.13

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.

Sandur Manganese And Iron Ores's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3882.4	/	5517.7
	=	0.70

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.

Sandur Manganese And Iron Ores Days Inventory Related Terms

Thank you for viewing the detailed overview of Sandur Manganese And Iron Ores's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Sandur Manganese And Iron Ores (BOM:504918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sandur Manganese And Iron Ores Ltd (BOM:504918) » Definitions » Days Inventory

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SANDUMA:India

Address

No. 9, Bellary Road, Sandur House, Sadashivanagar, Bangalore, KA, IND, 560 080

Website

https://www.sandurgroup.com

Sandur Manganese And Iron Ores Ltd is a mining company. It is engaged in the mining of manganese and iron ore. The company is also engaged in the manufacture of ferroalloys. Its operating segment includes Mining and Ferroalloys and, Coke and energy. The company generates maximum revenue from the Coke and Energy segment. Geographically, it derives all of its revenue from India.

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