SBEC Sugar (BOM:532102) Days Inventory

: 38.44 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). SBEC Sugar's Average Total Inventories for the three months ended in Dec. 2023 was ₹483 Mil. SBEC Sugar's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,145 Mil. Hence, SBEC Sugar's Days Inventory for the three months ended in Dec. 2023 was 38.44.

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

BOM:532102' s Days Inventory Range Over the Past 10 Years
Min: 74 Med: 145.53 Max: 226.99
Current: 82.23

During the past 13 years, SBEC Sugar's highest Days Inventory was 226.99. The lowest was 74.00. And the median was 145.53.

BOM:532102's Days Inventory is ranked better than
50.06% of 1784 companies
in the Consumer Packaged Goods industry
Industry Median: 82.495 vs BOM:532102: 82.23

SBEC Sugar's Days Inventory declined from Dec. 2022 (75.59) to Dec. 2023 (38.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. SBEC Sugar's Inventory Turnover for the three months ended in Dec. 2023 was 2.37.

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. SBEC Sugar's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.33.

SBEC Sugar Days Inventory Historical Data

The historical data trend for SBEC Sugar'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.

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SBEC Sugar Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

102.52

172.73

163.16

162.37

148.40

SBEC Sugar Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																75.59	107.46	162.92	34.90	38.44

Competitive Comparison

For the Confectioners subindustry, SBEC Sugar'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.

SBEC Sugar Days Inventory Distribution

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

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

SBEC Sugar Days Inventory Calculation

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

SBEC Sugar'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
=	( (2461.472	+	2187.463)	/	2 )	/	5717.041	*	365
=	2324.4675					/	5717.041	*	365
=	148.40

SBEC Sugar'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
=	( (482.551	+	0)	/	1 )	/	1145.396	*	365 / 4
=	482.551					/	1145.396	*	365 / 4
=	38.44

SBEC Sugar (BOM:532102) 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.

SBEC Sugar's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1145.396	/	482.551
	=	2.37

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.

SBEC Sugar's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	482.551	/	1441.018
	=	0.33

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.

SBEC Sugar Days Inventory Related Terms

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

SBEC Sugar (BOM:532102) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SBEC Sugar Ltd (BOM:532102) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Loyan Malakpur, Baraut Tehsil, Baghpat, UP, IND, 250611

Website

http://www.sbecsugar.com

SBEC Sugar Ltd is an India based company engaged in manufacturing and selling of sugar. Its plant is located at Baraut, Uttar Pradesh. It generates revenue from the sale of sugar, molasses, and bagasse.

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