Euro Panel Products (NSE:EUROBOND) Days Inventory : 178.19 (As of Sep. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Euro Panel Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Euro Panel Products's Average Total Inventories for the six months ended in Sep. 2023 was ₹1,424 Mil. Euro Panel Products's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹1,459 Mil. Hence, Euro Panel Products's Days Inventory for the six months ended in Sep. 2023 was 178.19.

The historical rank and industry rank for Euro Panel Products's Days Inventory or its related term are showing as below:

NSE:EUROBOND' s Days Inventory Range Over the Past 10 Years
Min: 170.24 Med: 228.28 Max: 276.29
Current: 172.16

During the past 5 years, Euro Panel Products's highest Days Inventory was 276.29. The lowest was 170.24. And the median was 228.28.

NSE:EUROBOND's Days Inventory is ranked worse than
84.07% of 1394 companies
in the Construction industry
Industry Median: 48.6 vs NSE:EUROBOND: 172.16

Euro Panel Products's Days Inventory declined from Sep. 2022 (186.43) to Sep. 2023 (178.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. Euro Panel Products's Inventory Turnover for the six months ended in Sep. 2023 was 1.02.

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. Euro Panel Products's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.75.

Euro Panel Products Days Inventory Historical Data

The historical data trend for Euro Panel Products'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.

Euro Panel Products Days Inventory Chart

Euro Panel Products Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

231.71

228.28

276.29

221.94

170.24

Euro Panel Products Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			236.20	212.36	186.43	163.59	178.19

Competitive Comparison of Euro Panel Products's Days Inventory

For the Building Products & Equipment subindustry, Euro Panel Products'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.

Euro Panel Products's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Euro Panel Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where Euro Panel Products's Days Inventory falls into.

Euro Panel Products Days Inventory Calculation

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

Euro Panel Products'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
=	( (1102.702	+	1332.194)	/	2 )	/	2610.245	*	365
=	1217.448					/	2610.245	*	365
=	170.24

Euro Panel Products'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
=	( (1332.194	+	1516.311)	/	2 )	/	1458.735	*	365 / 2
=	1424.2525					/	1458.735	*	365 / 2
=	178.19

Euro Panel Products (NSE:EUROBOND) 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.

Euro Panel Products's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1458.735	/	1424.2525
	=	1.02

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.

Euro Panel Products's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1424.2525	/	1892.889
	=	0.75

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.

Euro Panel Products Days Inventory Related Terms

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

Euro Panel Products (NSE:EUROBOND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Euro Panel Products Ltd (NSE:EUROBOND) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ramdas Sutrale Road, 702, 7th Floor, Aravalli Business Centre, Borivali (West), Mumbai, MH, IND, 400092

Website

https://www.eurobondacp.com

Euro Panel Products Ltd is engaged in the manufacturing and supplying of Aluminium Composite Panels (ACP) globally. ACPs are a kind of panels, which are widely used as an exterior covering of commercial buildings and corporate houses. the company products also include stone series for the exterior of the building, high-pressure laminates, ACP sign board, and ACP elevation. majority of the company's revenue is derived from India.

Euro Panel Products (NSE:EUROBOND) Headlines

No Headlines