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GHCL (BOM:500171) Days Inventory : 104.60 (As of Sep. 2024)


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What is GHCL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GHCL's Average Total Inventories for the three months ended in Sep. 2024 was ₹4,840 Mil. GHCL's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹4,222 Mil. Hence, GHCL's Days Inventory for the three months ended in Sep. 2024 was 104.60.

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

BOM:500171' s Days Inventory Range Over the Past 10 Years
Min: 118.38   Med: 152.72   Max: 188.04
Current: 118.38

During the past 13 years, GHCL's highest Days Inventory was 188.04. The lowest was 118.38. And the median was 152.72.

BOM:500171's Days Inventory is ranked worse than
71.87% of 1493 companies
in the Chemicals industry
Industry Median: 79.65 vs BOM:500171: 118.38

GHCL's Days Inventory declined from Sep. 2023 (155.07) to Sep. 2024 (104.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. GHCL's Inventory Turnover for the three months ended in Sep. 2024 was 0.87.

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. GHCL's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.61.


GHCL Days Inventory Historical Data

The historical data trend for GHCL'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.

GHCL Days Inventory Chart

GHCL Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 135.81 178.40 171.17 123.98 125.22

GHCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 155.07 138.93 104.65 130.64 104.60

Competitive Comparison of GHCL's Days Inventory

For the Chemicals subindustry, GHCL'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.


GHCL's Days Inventory Distribution in the Chemicals Industry

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

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



GHCL Days Inventory Calculation

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

GHCL's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (7723.3 + 6510.7) / 2 ) / 20745.8*365
=7117 / 20745.8*365
=125.22

GHCL's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 4839.5) / 1 ) / 4221.8*365 / 4
=4839.5 / 4221.8*365 / 4
=104.60

* 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.


GHCL  (BOM:500171) 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.

GHCL's Inventory Turnover for the three months ended in Sep. 2024 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.

GHCL's Inventory to Revenue for the three months ended in Sep. 2024 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.


GHCL Days Inventory Related Terms

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


GHCL Business Description

Traded in Other Exchanges
Address
GHCL House, B-38, Institutional Area, Sector - 1, Noida, IND, 201301
GHCL Ltd operates its business through a single segment which includes Inorganic chemicals. The company through its chemical segment manufactures soda ash which is used in detergents and glass industries and sodium bicarbonate. Its Consumer Product division manufactures and sells Edible salt and Industrial grade salt under the brand name i-FLO & Sapan. The division has its salt manufacturing facility at Vedaranyam in Nagapattinam district of Tamil Nadu and a refinery at Chennai for edible salt manufacturing.

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