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Sanrhea Technical Textiles (BOM:514280) Days Inventory : 76.12 (As of Dec. 2023)


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What is Sanrhea Technical Textiles Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sanrhea Technical Textiles's Average Total Inventories for the three months ended in Dec. 2023 was ₹93.9 Mil. Sanrhea Technical Textiles's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹112.6 Mil. Hence, Sanrhea Technical Textiles's Days Inventory for the three months ended in Dec. 2023 was 76.12.

The historical rank and industry rank for Sanrhea Technical Textiles's Days Inventory or its related term are showing as below:

BOM:514280' s Days Inventory Range Over the Past 10 Years
Min: 60.9   Med: 99.12   Max: 127.92
Current: 95.48

During the past 13 years, Sanrhea Technical Textiles's highest Days Inventory was 127.92. The lowest was 60.90. And the median was 99.12.

BOM:514280's Days Inventory is ranked better than
65.25% of 1010 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.41 vs BOM:514280: 95.48

Sanrhea Technical Textiles's Days Inventory declined from Dec. 2022 (129.69) to Dec. 2023 (76.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanrhea Technical Textiles's Inventory Turnover for the three months ended in Dec. 2023 was 1.20.

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. Sanrhea Technical Textiles's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.52.


Sanrhea Technical Textiles Days Inventory Historical Data

The historical data trend for Sanrhea Technical Textiles'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.

Sanrhea Technical Textiles Days Inventory Chart

Sanrhea Technical Textiles Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.90 110.97 117.38 88.93 108.43

Sanrhea Technical Textiles Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 129.69 88.75 81.68 78.92 76.12

Competitive Comparison of Sanrhea Technical Textiles's Days Inventory

For the Textile Manufacturing subindustry, Sanrhea Technical Textiles'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.


Sanrhea Technical Textiles's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Sanrhea Technical Textiles's Days Inventory falls into.



Sanrhea Technical Textiles Days Inventory Calculation

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

Sanrhea Technical Textiles'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
=( (155.405 + 108.546) / 2 ) / 444.259*365
=131.9755 / 444.259*365
=108.43

Sanrhea Technical Textiles's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (93.925 + 0) / 1 ) / 112.595*365 / 4
=93.925 / 112.595*365 / 4
=76.12

* 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.


Sanrhea Technical Textiles  (BOM:514280) 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.

Sanrhea Technical Textiles'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.

Sanrhea Technical Textiles'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.


Sanrhea Technical Textiles Days Inventory Related Terms

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


Sanrhea Technical Textiles (BOM:514280) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Ambedkar Road, Near G. E. B., District Gandhinagar, Kalol, GJ, IND, 382721
Sanrhea Technical Textiles Ltd is engaged in the manufacturing of textiles. It earns revenue primarily from the sale of Conveyor Belting fabrics, Chafer fabrics for Tyres, Diaphragm fabrics for Auto industries, and Liners. The company caters to both domestic and international markets. The company has only one segment, which is Industrial fabrics. The company derives the majority of its revenue from the domestic markets.

Sanrhea Technical Textiles (BOM:514280) Headlines

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