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Polyspin Exports (BOM:539354) Days Inventory : 107.86 (As of Dec. 2023)


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What is Polyspin Exports Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Polyspin Exports's Average Total Inventories for the three months ended in Dec. 2023 was ₹381 Mil. Polyspin Exports's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹323 Mil. Hence, Polyspin Exports's Days Inventory for the three months ended in Dec. 2023 was 107.86.

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

BOM:539354' s Days Inventory Range Over the Past 10 Years
Min: 45.41   Med: 62.91   Max: 80.04
Current: 79.48

During the past 13 years, Polyspin Exports's highest Days Inventory was 80.04. The lowest was 45.41. And the median was 62.91.

BOM:539354's Days Inventory is ranked worse than
52.99% of 368 companies
in the Packaging & Containers industry
Industry Median: 77.68 vs BOM:539354: 79.48

Polyspin Exports's Days Inventory declined from Dec. 2022 (125.87) to Dec. 2023 (107.86).

Inventory Turnover measures how fast the company turns over its inventory within a year. Polyspin Exports's Inventory Turnover for the three months ended in Dec. 2023 was 0.85.

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. Polyspin Exports's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.75.


Polyspin Exports Days Inventory Historical Data

The historical data trend for Polyspin Exports'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.

Polyspin Exports Days Inventory Chart

Polyspin Exports 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 61.24 80.04 75.65 68.87 75.80

Polyspin Exports 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 125.87 49.44 108.94 114.92 107.86

Competitive Comparison of Polyspin Exports's Days Inventory

For the Packaging & Containers subindustry, Polyspin Exports'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.


Polyspin Exports's Days Inventory Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Polyspin Exports's Days Inventory falls into.



Polyspin Exports Days Inventory Calculation

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

Polyspin Exports'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
=( (287.128 + 462.431) / 2 ) / 1804.613*365
=374.7795 / 1804.613*365
=75.80

Polyspin Exports'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
=( (381.365 + 0) / 1 ) / 322.624*365 / 4
=381.365 / 322.624*365 / 4
=107.86

* 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.


Polyspin Exports  (BOM:539354) 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.

Polyspin Exports'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.

Polyspin Exports'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.


Polyspin Exports Days Inventory Related Terms

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


Polyspin Exports (BOM:539354) Business Description

Traded in Other Exchanges
N/A
Address
1, Railway Feeder Road, Cholapuram South, Rajapalayam, TN, IND, 626139
Polyspin Exports Ltd is engaged in the manufacturing, selling, and export of polypropylene woven flexible intermediate bulk container bags. It offers products, such as Baffle/Q bags, Tubular coated bags, Asbestos plate bags, Normal u-panel bags, Container bags, Full discharge bags, One/two-loop bags, Single/double/triple sift-proof bags, UN certified bags, Under sling bags, and Circular bulk bags. The segments of the group are FIBC Bags, Fabric, Yarn, which is the prime revenue driver; and Cotton Yarn. The group sells its products in India and also exports it to the other countries.

Polyspin Exports (BOM:539354) Headlines

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