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Shree Ganesh Elastoplast (BOM:530797) Days Inventory : 81.92 (As of Dec. 2023)


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What is Shree Ganesh Elastoplast Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shree Ganesh Elastoplast's Average Total Inventories for the three months ended in Dec. 2023 was ₹42.1 Mil. Shree Ganesh Elastoplast's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹46.9 Mil. Hence, Shree Ganesh Elastoplast's Days Inventory for the three months ended in Dec. 2023 was 81.92.

The historical rank and industry rank for Shree Ganesh Elastoplast's Days Inventory or its related term are showing as below:

BOM:530797' s Days Inventory Range Over the Past 10 Years
Min: 10.14   Med: 67.3   Max: 164.7
Current: 67.73

During the past 13 years, Shree Ganesh Elastoplast's highest Days Inventory was 164.70. The lowest was 10.14. And the median was 67.30.

BOM:530797's Days Inventory is ranked better than
60.22% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs BOM:530797: 67.73

Shree Ganesh Elastoplast's Days Inventory declined from Dec. 2022 (161.25) to Dec. 2023 (81.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shree Ganesh Elastoplast's Inventory Turnover for the three months ended in Dec. 2023 was 1.11.

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. Shree Ganesh Elastoplast's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.63.


Shree Ganesh Elastoplast Days Inventory Historical Data

The historical data trend for Shree Ganesh Elastoplast'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.

Shree Ganesh Elastoplast Days Inventory Chart

Shree Ganesh Elastoplast 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 51.79 17.25 30.82 10.14 18.40

Shree Ganesh Elastoplast 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 161.25 14.24 64.49 67.09 81.92

Competitive Comparison of Shree Ganesh Elastoplast's Days Inventory

For the Farm Products subindustry, Shree Ganesh Elastoplast'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.


Shree Ganesh Elastoplast's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shree Ganesh Elastoplast's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shree Ganesh Elastoplast's Days Inventory falls into.



Shree Ganesh Elastoplast Days Inventory Calculation

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

Shree Ganesh Elastoplast'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
=( (3.879 + 7.16) / 2 ) / 109.483*365
=5.5195 / 109.483*365
=18.40

Shree Ganesh Elastoplast'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
=( (42.109 + 0) / 1 ) / 46.902*365 / 4
=42.109 / 46.902*365 / 4
=81.92

* 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.


Shree Ganesh Elastoplast  (BOM:530797) 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.

Shree Ganesh Elastoplast'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.

Shree Ganesh Elastoplast'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.


Shree Ganesh Elastoplast Days Inventory Related Terms

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Shree Ganesh Elastoplast (BOM:530797) Business Description

Traded in Other Exchanges
N/A
Address
119, Polytechnic Road, Ground Floor, Kamdhenu Complex, Opposite Sahajanad College, Ahmedabad, GJ, IND, 380015
Shree Ganesh Elastoplast Ltd is an India-based commodity trading company. The company is engaged in the trading of agricultural raw material, including raw maize, cottonseed oil cake, jeera and castor seed.

Shree Ganesh Elastoplast (BOM:530797) Headlines

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