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Vishwaraj Sugar Industries (BOM:542852) Days Inventory : 193.13 (As of Mar. 2024)


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What is Vishwaraj Sugar Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vishwaraj Sugar Industries's Average Total Inventories for the three months ended in Mar. 2024 was ₹2,693 Mil. Vishwaraj Sugar Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,272 Mil. Hence, Vishwaraj Sugar Industries's Days Inventory for the three months ended in Mar. 2024 was 193.13.

The historical rank and industry rank for Vishwaraj Sugar Industries's Days Inventory or its related term are showing as below:

BOM:542852' s Days Inventory Range Over the Past 10 Years
Min: 179.7   Med: 352.28   Max: 469.92
Current: 179.7

During the past 10 years, Vishwaraj Sugar Industries's highest Days Inventory was 469.92. The lowest was 179.70. And the median was 352.28.

BOM:542852's Days Inventory is ranked worse than
83.33% of 1782 companies
in the Consumer Packaged Goods industry
Industry Median: 82.815 vs BOM:542852: 179.70

Vishwaraj Sugar Industries's Days Inventory increased from Mar. 2023 (168.47) to Mar. 2024 (193.13). It might indicate that Vishwaraj Sugar Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vishwaraj Sugar Industries's Inventory Turnover for the three months ended in Mar. 2024 was 0.47.

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. Vishwaraj Sugar Industries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.64.


Vishwaraj Sugar Industries Days Inventory Historical Data

The historical data trend for Vishwaraj Sugar Industries'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.

Vishwaraj Sugar Industries Days Inventory Chart

Vishwaraj Sugar Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 375.72 312.58 342.34 241.63 239.70

Vishwaraj Sugar Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 168.47 167.48 85.87 284.21 193.13

Competitive Comparison of Vishwaraj Sugar Industries's Days Inventory

For the Confectioners subindustry, Vishwaraj Sugar Industries'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.


Vishwaraj Sugar Industries's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vishwaraj Sugar Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vishwaraj Sugar Industries's Days Inventory falls into.



Vishwaraj Sugar Industries Days Inventory Calculation

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

Vishwaraj Sugar Industries's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (3030.529 + 2765.331) / 2 ) / 4412.746*365
=2897.93 / 4412.746*365
=239.70

Vishwaraj Sugar Industries's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (2620.388 + 2765.331) / 2 ) / 1272.354*365 / 4
=2692.8595 / 1272.354*365 / 4
=193.13

* 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.


Vishwaraj Sugar Industries  (BOM:542852) 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.

Vishwaraj Sugar Industries's Inventory Turnover for the three months ended in Mar. 2024 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.

Vishwaraj Sugar Industries's Inventory to Revenue for the three months ended in Mar. 2024 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.


Vishwaraj Sugar Industries Days Inventory Related Terms

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


Vishwaraj Sugar Industries (BOM:542852) Business Description

Traded in Other Exchanges
Address
Bellad Bagewadi, Taluka Hukkeri, District Belgaum, Belgaum, KA, IND, 591 305
Vishwaraj Sugar Industries Ltd is an integrated sugar and other allied products manufacturing company. In addition to sugar, the company also manufactures other allied products like Rectified Spirits, Extra-Neutral Spirits, Compost, and others. It operates in five business segments namely Sugar, Co-generation, Distillery, Indian Made Liquor, and Vinegar. The firm generates a majority of its revenue from the sale of sugar.

Vishwaraj Sugar Industries (BOM:542852) Headlines

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