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Shanthala FMCG Products (NSE:SHANTHALA) Days Inventory : 10.13 (As of Mar. 2023)


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What is Shanthala FMCG Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shanthala FMCG Products's Average Total Inventories for the six months ended in Mar. 2023 was ₹10.9 Mil. Shanthala FMCG Products's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹393.6 Mil. Hence, Shanthala FMCG Products's Days Inventory for the six months ended in Mar. 2023 was 5.07.

The historical rank and industry rank for Shanthala FMCG Products's Days Inventory or its related term are showing as below:

NSE:SHANTHALA' s Days Inventory Range Over the Past 10 Years
Min: 7.58   Med: 10.13   Max: 11.08
Current: 10.13

During the past 3 years, Shanthala FMCG Products's highest Days Inventory was 11.08. The lowest was 7.58. And the median was 10.13.

NSE:SHANTHALA's Days Inventory is ranked better than
91.56% of 450 companies
in the Conglomerates industry
Industry Median: 75.05 vs NSE:SHANTHALA: 10.13

Shanthala FMCG Products's Days Inventory increased from Mar. 2021 (7.58) to Mar. 2023 (10.13). It might indicate that Shanthala FMCG Products's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shanthala FMCG Products's Inventory Turnover for the six months ended in Mar. 2023 was 36.02.

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. Shanthala FMCG Products's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.03.

Shanthala FMCG Products Days Inventory Historical Data

The historical data trend for Shanthala FMCG Products'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.

Shanthala FMCG Products Days Inventory Chart

Shanthala FMCG Products Annual Data
Trend Mar21 Mar22 Mar23
Days Inventory
7.58 11.08 10.13

Shanthala FMCG Products Semi-Annual Data
Mar21 Mar22 Mar23
Days Inventory 7.58 11.08 10.13

Competitive Comparison of Shanthala FMCG Products's Days Inventory

For the Conglomerates subindustry, Shanthala FMCG Products'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.

Shanthala FMCG Products's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanthala FMCG Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shanthala FMCG Products's Days Inventory falls into.


Shanthala FMCG Products Days Inventory Calculation

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

Shanthala FMCG Products'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
=( (11.104 + 10.75) / 2 ) / 393.581*365
=10.927 / 393.581*365
=10.13

Shanthala FMCG Products's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (11.104 + 10.75) / 2 ) / 393.581*365 / 2
=10.927 / 393.581*365 / 2
=5.07

* 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.

Shanthala FMCG Products  (NSE:SHANTHALA) 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.

Shanthala FMCG Products's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=393.581 / 10.927
=36.02

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.

Shanthala FMCG Products's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=10.927 / 405.159
=0.03

* 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.

Shanthala FMCG Products Days Inventory Related Terms

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

Shanthala FMCG Products (NSE:SHANTHALA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Shanthala FMCG Products Ltd (NSE:SHANTHALA) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
Gandhinagr Bye Pass Road, 7th Block, Kodagu, Virajpet, KA, IND, 571218
Website
https://www.shanthalafmcg.com
Shanthala FMCG Products Ltd is an FMCG product distributor for large-size FMCG Companies in India for whom It distributes Branded packaged foods, Personal care products, Education & stationery products, Matches & Agarbatti and tobacco products. It is also a distributor for one of the largest FMCG MNC Company in India. It distributes branded Beauty & wellbeing, Nutrition, Personal care & Home care products for them.

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