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FAR Chemical Industry (DHA:FARCHEM) Days Inventory : 114.33 (As of Sep. 2023)


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What is FAR Chemical Industry Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FAR Chemical Industry's Average Total Inventories for the three months ended in Sep. 2023 was BDT322.3 Mil. FAR Chemical Industry's Cost of Goods Sold for the three months ended in Sep. 2023 was BDT257.2 Mil. Hence, FAR Chemical Industry's Days Inventory for the three months ended in Sep. 2023 was 114.33.

The historical rank and industry rank for FAR Chemical Industry's Days Inventory or its related term are showing as below:

DHA:FARCHEM' s Days Inventory Range Over the Past 10 Years
Min: 40.72   Med: 128.56   Max: 274.88
Current: 109.66

During the past 10 years, FAR Chemical Industry's highest Days Inventory was 274.88. The lowest was 40.72. And the median was 128.56.

DHA:FARCHEM's Days Inventory is ranked worse than
66.31% of 1493 companies
in the Chemicals industry
Industry Median: 82.92 vs DHA:FARCHEM: 109.66

FAR Chemical Industry's Days Inventory increased from Sep. 2022 (0.00) to Sep. 2023 (114.33). It might indicate that FAR Chemical Industry'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. FAR Chemical Industry's Inventory Turnover for the three months ended in Sep. 2023 was 0.80.

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. FAR Chemical Industry's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.12.


FAR Chemical Industry Days Inventory Historical Data

The historical data trend for FAR Chemical Industry'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.

FAR Chemical Industry Days Inventory Chart

FAR Chemical Industry Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 171.04 274.88 167.73 40.72 80.47

FAR Chemical Industry Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory Get a 7-Day Free Trial 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 Premium Member Only - 324.79 89.66 81.59 114.33

Competitive Comparison of FAR Chemical Industry's Days Inventory

For the Specialty Chemicals subindustry, FAR Chemical Industry'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.


FAR Chemical Industry's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where FAR Chemical Industry's Days Inventory falls into.



FAR Chemical Industry Days Inventory Calculation

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

FAR Chemical Industry's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.057 + 330.463) / 2 ) / 749.574*365
=165.26 / 749.574*365
=80.47

FAR Chemical Industry'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: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (330.463 + 314.124) / 2 ) / 257.241*365 / 4
=322.2935 / 257.241*365 / 4
=114.33

* 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.


FAR Chemical Industry  (DHA:FARCHEM) 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.

FAR Chemical Industry's Inventory Turnover for the three 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.

FAR Chemical Industry's Inventory to Revenue for the three 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.


FAR Chemical Industry Days Inventory Related Terms

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


FAR Chemical Industry (DHA:FARCHEM) Business Description

Traded in Other Exchanges
N/A
Address
House No. 11 (Floor: 5A), Road No. 12, Block-F, Niketon, Gulshan-1, Dhaka, BGD, 1212
FAR Chemical Industry Ltd operates in the textile dyeing chemical industry. The principal activities of the company are to manufacture and export chemical products to different export-oriented textiles, dyeing, and apparel industries. Its product range consists of Softening agent, Scouring agent, Anti-foaming agent, Leveling agent, Fixing agent, Retarding agent, Stabilizer, Bleaching agent, and other chemical products.

FAR Chemical Industry (DHA:FARCHEM) Headlines

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