Jubilant Ingrevia (BOM:543271) Days Inventory : 188.31 (As of Dec. 2023)

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What is Jubilant Ingrevia Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jubilant Ingrevia's Average Total Inventories for the three months ended in Dec. 2023 was ₹10,496 Mil. Jubilant Ingrevia's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5,086 Mil. Hence, Jubilant Ingrevia's Days Inventory for the three months ended in Dec. 2023 was 188.31.

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

BOM:543271' s Days Inventory Range Over the Past 10 Years
Min: 93.78 Med: 131.73 Max: 553.89
Current: 164.95

During the past 4 years, Jubilant Ingrevia's highest Days Inventory was 553.89. The lowest was 93.78. And the median was 131.73.

BOM:543271's Days Inventory is ranked worse than
84.12% of 1492 companies
in the Chemicals industry
Industry Median: 83.25 vs BOM:543271: 164.95

Jubilant Ingrevia's Days Inventory increased from Dec. 2022 (160.08) to Dec. 2023 (188.31). It might indicate that Jubilant Ingrevia's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jubilant Ingrevia's Inventory Turnover for the three months ended in Dec. 2023 was 0.48.

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. Jubilant Ingrevia's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.09.

Jubilant Ingrevia Days Inventory Historical Data

The historical data trend for Jubilant Ingrevia'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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Jubilant Ingrevia Days Inventory Chart

Jubilant Ingrevia Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

553.89

93.78

131.73

Jubilant Ingrevia Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial									160.08	123.84	171.67	189.55	188.31

Competitive Comparison of Jubilant Ingrevia's Days Inventory

For the Specialty Chemicals subindustry, Jubilant Ingrevia'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.

Jubilant Ingrevia's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jubilant Ingrevia's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jubilant Ingrevia's Days Inventory falls into.

Jubilant Ingrevia Days Inventory Calculation

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

Jubilant Ingrevia'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
=	( (9111.62	+	10351.12)	/	2 )	/	26963.97	*	365
=	9731.37					/	26963.97	*	365
=	131.73

Jubilant Ingrevia'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
=	( (10495.6	+	0)	/	1 )	/	5086	*	365 / 4
=	10495.6					/	5086	*	365 / 4
=	188.31

Jubilant Ingrevia (BOM:543271) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5086	/	10495.6
	=	0.48

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10495.6	/	9604.5
	=	1.09

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.

Jubilant Ingrevia Days Inventory Related Terms

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

Jubilant Ingrevia (BOM:543271) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jubilant Ingrevia Ltd (BOM:543271) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

JUBLINGREA:India

Address

1-A, Sector 16-A, Noida, UP, IND, 201 301

Website

https://www.jubilantingrevia.com

Jubilant Ingrevia Ltd is a life science products and solutions provider serving, Pharmaceutical, Nutrition, Agrochemical, Consumers, and Industrial customers with its customized products and solutions. It is engaged in the manufacturing and supply of specialty intermediates, nutrition and health solutions, and life science chemicals. Its segments are Speciality Chemicals, Nutrition, and Health Solutions, and Chemical Intermediates, where the Specialty Chemicals include Pyridine & Picolines, Fine chemicals, Agro chemicals, Custom development, and manufacturing organization; Nutrition & Health Solutions consists of Nutrition and health ingredients, Animal nutrition and health solutions, and Human nutrition health solutions; Chemical intermediates consists Acetyls and Speciality ethanol.

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