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Narmada Gelatines (BOM:526739) Days Inventory : 131.91 (As of Dec. 2023)


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What is Narmada Gelatines Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Narmada Gelatines's Average Total Inventories for the three months ended in Dec. 2023 was ₹413 Mil. Narmada Gelatines's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹286 Mil. Hence, Narmada Gelatines's Days Inventory for the three months ended in Dec. 2023 was 131.91.

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

BOM:526739' s Days Inventory Range Over the Past 10 Years
Min: 143.54   Med: 161.2   Max: 183.92
Current: 156.78

During the past 13 years, Narmada Gelatines's highest Days Inventory was 183.92. The lowest was 143.54. And the median was 161.20.

BOM:526739's Days Inventory is ranked worse than
81.96% of 1491 companies
in the Chemicals industry
Industry Median: 83.31 vs BOM:526739: 156.78

Narmada Gelatines's Days Inventory declined from Dec. 2022 (147.49) to Dec. 2023 (131.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Narmada Gelatines's Inventory Turnover for the three months ended in Dec. 2023 was 0.69.

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. Narmada Gelatines's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.88.


Narmada Gelatines Days Inventory Historical Data

The historical data trend for Narmada Gelatines'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.

Narmada Gelatines Days Inventory Chart

Narmada Gelatines 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 143.54 149.93 151.37 165.95 154.77

Narmada Gelatines 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 147.49 141.54 179.70 161.03 131.91

Competitive Comparison of Narmada Gelatines's Days Inventory

For the Specialty Chemicals subindustry, Narmada Gelatines'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.


Narmada Gelatines's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Narmada Gelatines's Days Inventory distribution charts can be found below:

* The bar in red indicates where Narmada Gelatines's Days Inventory falls into.



Narmada Gelatines Days Inventory Calculation

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

Narmada Gelatines'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
=( (497.787 + 468.316) / 2 ) / 1139.211*365
=483.0515 / 1139.211*365
=154.77

Narmada Gelatines'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
=( (413.3 + 0) / 1 ) / 285.9*365 / 4
=413.3 / 285.9*365 / 4
=131.91

* 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.


Narmada Gelatines  (BOM:526739) 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.

Narmada Gelatines'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.

Narmada Gelatines'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.


Narmada Gelatines Days Inventory Related Terms

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


Narmada Gelatines (BOM:526739) Business Description

Traded in Other Exchanges
N/A
Address
15 Civil Lines, Caravs Building, 1st Floor, Room No 28, Jabalpur, MP, IND, 482001
Narmada Gelatines Ltd is a gelatin manufacturing company. The company is engaged in the business of manufacturing and sale of gelatine and its by-product di-calcium phosphate (DCP) for industrial applications. Gelatine, ossein and the by-product DCP together form part of one product group, which is the operating segment of the company. The group operates in India, and also exports internationally, of which sales from India constitute majorly to the revenue. The company generates its key revenue from the sale of gelatin.

Narmada Gelatines (BOM:526739) Headlines

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