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Jumbo Bag (BOM:516078) Days Inventory : 121.47 (As of Mar. 2024)


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What is Jumbo Bag Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jumbo Bag's Average Total Inventories for the three months ended in Mar. 2024 was ₹212 Mil. Jumbo Bag's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹159 Mil. Hence, Jumbo Bag's Days Inventory for the three months ended in Mar. 2024 was 121.47.

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

BOM:516078' s Days Inventory Range Over the Past 10 Years
Min: 93.61   Med: 136.39   Max: 149.49
Current: 139.57

During the past 13 years, Jumbo Bag's highest Days Inventory was 149.49. The lowest was 93.61. And the median was 136.39.

BOM:516078's Days Inventory is ranked worse than
85.05% of 368 companies
in the Packaging & Containers industry
Industry Median: 77.82 vs BOM:516078: 139.57

Jumbo Bag's Days Inventory declined from Mar. 2023 (189.33) to Mar. 2024 (121.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jumbo Bag's Inventory Turnover for the three months ended in Mar. 2024 was 0.75.

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. Jumbo Bag's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.79.


Jumbo Bag Days Inventory Historical Data

The historical data trend for Jumbo Bag'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.

Jumbo Bag Days Inventory Chart

Jumbo Bag Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.67 146.08 93.61 140.47 140.35

Jumbo Bag 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 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 189.33 160.49 129.72 149.36 121.47

Competitive Comparison of Jumbo Bag's Days Inventory

For the Packaging & Containers subindustry, Jumbo Bag'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.


Jumbo Bag's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Jumbo Bag's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jumbo Bag's Days Inventory falls into.



Jumbo Bag Days Inventory Calculation

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

Jumbo Bag'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
=( (240.426 + 211.515) / 2 ) / 587.683*365
=225.9705 / 587.683*365
=140.35

Jumbo Bag'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 + 211.515) / 1 ) / 158.893*365 / 4
=211.515 / 158.893*365 / 4
=121.47

* 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.


Jumbo Bag  (BOM:516078) 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.

Jumbo Bag's Inventory Turnover for the three months ended in Mar. 2024 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.

Jumbo Bag's Inventory to Revenue for the three months ended in Mar. 2024 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.


Jumbo Bag Days Inventory Related Terms

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


Jumbo Bag (BOM:516078) Business Description

Traded in Other Exchanges
N/A
Address
1st Floor, Nowroji Road, Chetpet, S.K. Enclave, New No. 4 (Old No. 47), Chennai, TN, IND, 600 031
Jumbo Bag Ltd is an India-based company. The company is engaged in the manufacturing of Flexible Intermediate Bulk Bags (FIBC bags) generally used for industrial purposes. Its operating segment includes Manufacturing and Trading. The Trading segment involves trading of Polymers. It generates maximum revenue from the Manufacturing segment. The company products are widely used for storage, transportation and handling of powder, flake or granular materials.

Jumbo Bag (BOM:516078) Headlines

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