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Sun Retail (BOM:542025) Days Inventory

: 6.39 (As of Sep. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Sun Retail's Average Total Inventories for the six months ended in Sep. 2023 was ₹5.7 Mil. Sun Retail's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹161.7 Mil. Hence, Sun Retail's Days Inventory for the six months ended in Sep. 2023 was 6.39.

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

BOM:542025' s Days Inventory Range Over the Past 10 Years
Min: 5.75   Med: 19.51   Max: 409.49
Current: 11.61

During the past 10 years, Sun Retail's highest Days Inventory was 409.49. The lowest was 5.75. And the median was 19.51.

BOM:542025's Days Inventory is ranked better than
97.87% of 1784 companies
in the Consumer Packaged Goods industry
Industry Median: 82.495 vs BOM:542025: 11.61

Sun Retail's Days Inventory declined from Sep. 2022 (78.08) to Sep. 2023 (6.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sun Retail's Inventory Turnover for the six months ended in Sep. 2023 was 28.58.

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. Sun Retail's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.04.


Sun Retail Days Inventory Historical Data

The historical data trend for Sun Retail'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.

Sun Retail Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.78 409.49 71.16 189.98 25.49

Sun Retail Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory 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 597.74 59.89 78.08 20.03 6.39

Competitive Comparison

For the Packaged Foods subindustry, Sun Retail'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.


Sun Retail Days Inventory Distribution

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

* The bar in red indicates where Sun Retail's Days Inventory falls into.



Sun Retail Days Inventory Calculation

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

Sun Retail'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
=( (9.935 + 9.94) / 2 ) / 142.272*365
=9.9375 / 142.272*365
=25.49

Sun Retail'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
=( (9.94 + 1.373) / 2 ) / 161.652*365 / 2
=5.6565 / 161.652*365 / 2
=6.39

* 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.


Sun Retail  (BOM:542025) 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.

Sun Retail's Inventory Turnover for the six months ended in Sep. 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.

Sun Retail's Inventory to Revenue for the six months ended in Sep. 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.


Sun Retail Days Inventory Related Terms

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


Sun Retail (BOM:542025) Business Description

Traded in Other Exchanges
N/A
Address
722, Gala Empire, Drive in Road,, Opp. Tv Tower Thaltej, Ahmedabad, GJ, IND, 380009
Sun Retail Ltd is an Indian firm engaged in the processing, packaging, and trading of various edible oils and oilseeds. The main products of the company include cottonseed oil, groundnut oil, and sunflower oil. Further, the company also performs the activity of bulk trading of palm olein oil and soyabean oil. The products are sold under the brand names Dharti and Dharti Singtel.

Sun Retail (BOM:542025) Headlines

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