Days Inventory is also known as Days Sales of Inventory (DSI). Shah Alloys's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹985 Mil. Shah Alloys's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹1,193 Mil.
Hence, Shah Alloys's Days Inventory for the
three
months ended in Dec. 2023 was 75.32.
The historical rank and industry rank for Shah Alloys's Days Inventory or its related term are showing as below:
BOM:513436'
s Days Inventory Range Over the Past 10 Years
Min: 52.07 Med: 98.81 Max: 198.19
Current: 67.94
During the past 13 years, Shah Alloys's highest Days Inventory was 198.19. The lowest was 52.07. And the median was 98.81.
BOM:513436's Days Inventory is ranked better than 64.17% of 575
companies
in the Steel industry
Industry Median: 85.74
vs BOM:513436: 67.94
Shah Alloys's Days Inventory
increased
from Dec. 2022 (63.48) to Dec. 2023 (75.32).
It might indicate that Shah Alloys's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shah Alloys's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.21.
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.
Shah Alloys's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.69.
Shah Alloys Days Inventory Historical Data
The historical data trend for Shah Alloys'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.
Competitive Comparison of Shah Alloys's Days Inventory
For the Steel subindustry, Shah Alloys'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.
Shah Alloys's Days Inventory Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Shah Alloys's Days Inventory distribution charts can be found below:
* The bar in red indicates where Shah Alloys's Days Inventory falls into.
Shah Alloys Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Shah Alloys's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Shah Alloys (BOM:513436) 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.
Shah Alloys's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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.
Shah Alloys's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* 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.
Shah Alloys Days Inventory Related Terms
Thank you for viewing the detailed overview of Shah Alloys's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Shah Alloys Ltd manufactures and supplies steel in India. The company is engaged in manufacturing of Stainless steel, Alloys and Special steel, Carbon/mild steel and Armour steel in Flat and long products. The product offered by the group includes hot rolled coils, hot rolled sheets, and plates, cold rolled coils and sheets, hot rolled round bars, hot rolled flat bars, angles, bright/peeled bars, beams, and angles. The firm generates a majority of its revenue from the sale of Iron and Steel products which includes Bars, Beams, Flat, Plate and Coil, Slab and Billets.
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