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Parvati Sweetners and Power (BOM:541347) Days Inventory : 669.96 (As of Dec. 2023)


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What is Parvati Sweetners and Power Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Parvati Sweetners and Power's Average Total Inventories for the three months ended in Dec. 2023 was ₹454.7 Mil. Parvati Sweetners and Power's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹61.9 Mil. Hence, Parvati Sweetners and Power's Days Inventory for the three months ended in Dec. 2023 was 669.96.

The historical rank and industry rank for Parvati Sweetners and Power's Days Inventory or its related term are showing as below:

BOM:541347' s Days Inventory Range Over the Past 10 Years
Min: 115.5   Med: 296.58   Max: 392.76
Current: 389.87

During the past 8 years, Parvati Sweetners and Power's highest Days Inventory was 392.76. The lowest was 115.50. And the median was 296.58.

BOM:541347's Days Inventory is ranked worse than
95.19% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs BOM:541347: 389.87

Parvati Sweetners and Power's Days Inventory declined from Dec. 2022 (1,038.92) to Dec. 2023 (669.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Parvati Sweetners and Power's Inventory Turnover for the three months ended in Dec. 2023 was 0.14.

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. Parvati Sweetners and Power's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.63.


Parvati Sweetners and Power Days Inventory Historical Data

The historical data trend for Parvati Sweetners and Power'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.

Parvati Sweetners and Power Days Inventory Chart

Parvati Sweetners and Power Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial 312.32 349.19 392.76 280.83 345.60

Parvati Sweetners and Power 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 1,038.92 413.71 317.04 507.70 669.96

Competitive Comparison of Parvati Sweetners and Power's Days Inventory

For the Confectioners subindustry, Parvati Sweetners and Power'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.


Parvati Sweetners and Power's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Parvati Sweetners and Power's Days Inventory distribution charts can be found below:

* The bar in red indicates where Parvati Sweetners and Power's Days Inventory falls into.



Parvati Sweetners and Power Days Inventory Calculation

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

Parvati Sweetners and Power'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
=( (696.253 + 700.713) / 2 ) / 737.697*365
=698.483 / 737.697*365
=345.60

Parvati Sweetners and Power'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
=( (454.674 + 0) / 1 ) / 61.928*365 / 4
=454.674 / 61.928*365 / 4
=669.96

* 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.


Parvati Sweetners and Power  (BOM:541347) 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.

Parvati Sweetners and Power'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.

Parvati Sweetners and Power'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.


Parvati Sweetners and Power Days Inventory Related Terms

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


Parvati Sweetners and Power (BOM:541347) Business Description

Traded in Other Exchanges
N/A
Address
Jawahar Chowk, Hall No. 2, Gomantika Parisar, Shopping Complex, Bhopal, MP, IND, 462003
Parvati Sweetners and Power Ltd is engaged in the manufacturing, processing, refining, selling, trading of crystal sugar, refined sugar, sugar cube, liquid sugar, raw sugar including sugar candy, confectionery, pharmaceutical sugar, syrups, food products and by-products such as biogases, molasses, ethanol, and others. The company generates its income from the sale of sugar and its by-products.

Parvati Sweetners and Power (BOM:541347) Headlines

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