Sindhu Trade Links (BOM:532029) Days Inventory : 31.76 (As of Dec. 2023)

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What is Sindhu Trade Links Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sindhu Trade Links's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,064 Mil. Sindhu Trade Links's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹3,058 Mil. Hence, Sindhu Trade Links's Days Inventory for the three months ended in Dec. 2023 was 31.76.

The historical rank and industry rank for Sindhu Trade Links's Days Inventory or its related term are showing as below:

BOM:532029' s Days Inventory Range Over the Past 10 Years
Min: 14.75 Med: 19.15 Max: 27.1
Current: 27.1

During the past 12 years, Sindhu Trade Links's highest Days Inventory was 27.10. The lowest was 14.75. And the median was 19.15.

BOM:532029's Days Inventory is ranked better than
80.85% of 449 companies
in the Conglomerates industry
Industry Median: 73.45 vs BOM:532029: 27.10

Sindhu Trade Links's Days Inventory increased from Dec. 2022 (30.36) to Dec. 2023 (31.76). It might indicate that Sindhu Trade Links's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sindhu Trade Links's Inventory Turnover for the three months ended in Dec. 2023 was 2.87.

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. Sindhu Trade Links's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.26.

Sindhu Trade Links Days Inventory Historical Data

The historical data trend for Sindhu Trade Links'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.

Sindhu Trade Links Days Inventory Chart

Sindhu Trade Links Annual Data

Trend

Mar11

Mar12

Mar13

Mar16

Mar17

Mar18

Mar20

Mar21

Mar22

Mar23

Days Inventory

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14.75

16.64

19.15

19.82

20.28

Sindhu Trade Links Quarterly Data
	Mar18	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															30.36	17.60	28.99	33.44	31.76

Competitive Comparison of Sindhu Trade Links's Days Inventory

For the Conglomerates subindustry, Sindhu Trade Links'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.

Sindhu Trade Links's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Sindhu Trade Links's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sindhu Trade Links's Days Inventory falls into.

Sindhu Trade Links Days Inventory Calculation

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

Sindhu Trade Links'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
=	( (460.805	+	600.839)	/	2 )	/	9553.427	*	365
=	530.822					/	9553.427	*	365
=	20.28

Sindhu Trade Links'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
=	( (1149.231	+	979.232)	/	2 )	/	3057.879	*	365 / 4
=	1064.2315					/	3057.879	*	365 / 4
=	31.76

Sindhu Trade Links (BOM:532029) 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.

Sindhu Trade Links's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3057.879	/	1064.2315
	=	2.87

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.

Sindhu Trade Links's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1064.2315	/	4163.213
	=	0.26

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.

Sindhu Trade Links Days Inventory Related Terms

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

Sindhu Trade Links (BOM:532029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sindhu Trade Links Ltd (BOM:532029) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SINDHUTRAD:India

Address

Sector 30, 7th Floor, Tower A, Signature Tower, Moti Nagar, New Delhi, IND, 122003

Website

https://www.sindhutrade.com

Sindhu Trade Links Ltd is engaged in activities of transportation, media, investment and finance, Petrol Pump Operations, Power Distribution and Engineering Projects, and Overseas Mining and Trading of Coal. The operating segments of the company are Finance and Investment, Oil, Lubricants and Spares, Transportation and Logistics, Generation & Supply of Electricity, and Oil Drilling Operations. It generates maximum revenue from the Transportation and Logistics segment. Geographically, it derives a majority of its revenue from India.

Sindhu Trade Links (BOM:532029) Headlines

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