Rex Sealing and Packaging Industries (BOM:543744) Days Inventory : 102.30 (As of Sep. 2023)

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What is Rex Sealing and Packaging Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rex Sealing and Packaging Industries's Average Total Inventories for the six months ended in Sep. 2023 was ₹56.3 Mil. Rex Sealing and Packaging Industries's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹100.4 Mil. Hence, Rex Sealing and Packaging Industries's Days Inventory for the six months ended in Sep. 2023 was 102.30.

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

BOM:543744' s Days Inventory Range Over the Past 10 Years
Min: 95 Med: 132.51 Max: 165.02
Current: 95

During the past 4 years, Rex Sealing and Packaging Industries's highest Days Inventory was 165.02. The lowest was 95.00. And the median was 132.51.

BOM:543744's Days Inventory is ranked worse than
73.57% of 681 companies
in the Business Services industry
Industry Median: 29.67 vs BOM:543744: 95.00

Rex Sealing and Packaging Industries's Days Inventory declined from Sep. 2022 (138.68) to Sep. 2023 (102.30).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rex Sealing and Packaging Industries's Inventory Turnover for the six months ended in Sep. 2023 was 1.78.

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. Rex Sealing and Packaging Industries's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.39.

Rex Sealing and Packaging Industries Days Inventory Historical Data

The historical data trend for Rex Sealing and Packaging 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.

Rex Sealing and Packaging Industries Days Inventory Chart

Rex Sealing and Packaging Industries Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

135.77

165.02

129.24

114.71

Rex Sealing and Packaging Industries Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			-	-	138.68	99.55	102.30

Competitive Comparison of Rex Sealing and Packaging Industries's Days Inventory

For the Specialty Business Services subindustry, Rex Sealing and Packaging 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.

Rex Sealing and Packaging Industries's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Rex Sealing and Packaging Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rex Sealing and Packaging Industries's Days Inventory falls into.

Rex Sealing and Packaging Industries Days Inventory Calculation

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

Rex Sealing and Packaging Industries'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
=	( (55.701	+	63.205)	/	2 )	/	189.175	*	365
=	59.453					/	189.175	*	365
=	114.71

Rex Sealing and Packaging Industries's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (63.205	+	49.398)	/	2 )	/	100.441	*	365 / 2
=	56.3015					/	100.441	*	365 / 2
=	102.30

Rex Sealing and Packaging Industries (BOM:543744) 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.

Rex Sealing and Packaging Industries's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	100.441	/	56.3015
	=	1.78

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.

Rex Sealing and Packaging Industries's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	56.3015	/	145.712
	=	0.39

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.

Rex Sealing and Packaging Industries Days Inventory Related Terms

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Rex Sealing and Packaging Industries (BOM:543744) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Rex Sealing and Packaging Industries Ltd (BOM:543744) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

D K Road, A-207, 2nd Floor, Plot No.711 A, Byculla Services Industries, Ghodapdeo, Byculla (East), Mumbai, MH, IND, 400027

Website

https://www.rexseal.com

Rex Sealing and Packaging Industries Ltd is a manufacturer and exporter of sealing packing and insulation products including jointing sheets, fabric expansion joints, gland packing and ropes, high-temperature resistant textiles, ceramic fiber products, and others.

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