Days Inventory is also known as Days Sales of Inventory (DSI). Shreyans Industries's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹555 Mil. Shreyans Industries's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹1,277 Mil.
Hence, Shreyans Industries's Days Inventory for the
three
months ended in Dec. 2023 was 39.66.
The historical rank and industry rank for Shreyans Industries's Days Inventory or its related term are showing as below:
BOM:516016'
s Days Inventory Range Over the Past 10 Years
Min: 30.5 Med: 39.77 Max: 60.08
Current: 39.72
During the past 13 years, Shreyans Industries's highest Days Inventory was 60.08. The lowest was 30.50. And the median was 39.77.
BOM:516016's Days Inventory is ranked better than 87.77% of 278
companies
in the Forest Products industry
Industry Median: 87.975
vs BOM:516016: 39.72
Shreyans Industries's Days Inventory
increased
from Dec. 2022 (28.88) to Dec. 2023 (39.66).
It might indicate that Shreyans Industries's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Shreyans Industries's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.30.
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.
Shreyans Industries's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.32.
Shreyans Industries Days Inventory Historical Data
The historical data trend for Shreyans 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.
Shreyans Industries Annual Data
Trend
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Mar23
Days Inventory
36.08
42.44
58.16
37.09
30.50
Shreyans Industries Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
28.88
38.85
37.09
40.28
39.66
Competitive Comparison
For the Paper & Paper Products subindustry, Shreyans 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.
Shreyans Industries Days Inventory Distribution
For the Forest Products industry and Basic Materials sector, Shreyans Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where Shreyans Industries's Days Inventory falls into.
Shreyans Industries Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Shreyans Industries's Days Inventory for the fiscal year that ended in Mar. 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.
Shreyans Industries (BOM:516016) 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.
Shreyans Industries'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.
Shreyans Industries'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.
Shreyans Industries Days Inventory Related Terms
Thank you for viewing the detailed overview of Shreyans Industries's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Shreyans Industries (BOM:516016) Business Description
Shreyans Industries Ltd is engaged in the manufacturing of writing and printing paper from Agricultural residues. The group has a business presence in India and Outside India, of which key revenue is derived from India. the Company's business activity falls within a single operating segment, namely manufacturing of Writing and Printing Paper The firm generates the majority of its revenue from the paper segment. the company has two products namely Shreyan's paper product and Shree Rishabh's paper product.
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