Nilachal Refractories (BOM:502294) Days Inventory : 1,157.41 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Nilachal Refractories Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nilachal Refractories's Average Total Inventories for the three months ended in Mar. 2024 was ₹43.91 Mil. Nilachal Refractories's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3.46 Mil. Hence, Nilachal Refractories's Days Inventory for the three months ended in Mar. 2024 was 1,157.41.

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

BOM:502294' s Days Inventory Range Over the Past 10 Years
Min: 1098.01 Med: 2089.22 Max: 8759.33
Current: 2183.16

During the past 13 years, Nilachal Refractories's highest Days Inventory was 8759.33. The lowest was 1098.01. And the median was 2089.22.

BOM:502294's Days Inventory is ranked worse than
98.92% of 371 companies
in the Building Materials industry
Industry Median: 84.13 vs BOM:502294: 2183.16

Nilachal Refractories's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (1,157.41). It might indicate that Nilachal Refractories'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. Nilachal Refractories's Inventory Turnover for the three months ended in Mar. 2024 was 0.08.

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. Nilachal Refractories's Inventory-to-Revenue for the three months ended in Mar. 2024 was 10.06.

Nilachal Refractories Days Inventory Historical Data

The historical data trend for Nilachal Refractories'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.

Nilachal Refractories Days Inventory Chart

Nilachal Refractories Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Get a 7-Day Free Trial

1,561.40

1,386.83

2,112.23

3,646.44

2,273.34

Nilachal Refractories Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	1,955.08	2,487.99	12,997.87	1,157.41

Competitive Comparison of Nilachal Refractories's Days Inventory

For the Building Materials subindustry, Nilachal Refractories'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.

Nilachal Refractories's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Nilachal Refractories's Days Inventory distribution charts can be found below:

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

Nilachal Refractories Days Inventory Calculation

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

Nilachal Refractories'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
=	( (49.6	+	43.912)	/	2 )	/	7.507	*	365
=	46.756					/	7.507	*	365
=	2,273.34

Nilachal Refractories's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	43.912)	/	1 )	/	3.462	*	365 / 4
=	43.912					/	3.462	*	365 / 4
=	1,157.41

Nilachal Refractories (BOM:502294) 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.

Nilachal Refractories's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.462	/	43.912
	=	0.08

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.

Nilachal Refractories's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	43.912	/	4.366
	=	10.06

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.

Nilachal Refractories Days Inventory Related Terms

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

Nilachal Refractories (BOM:502294) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Nilachal Refractories Ltd (BOM:502294) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Lewis Road, Plot No. 598/599, Kedarnath Apartment, Mahabir Nagar, Bhubaneswar, OR, IND, 751002

Website

http://www.nilachal.in

Nilachal Refractories Ltd is an Indian company which is engaged in manufacturing of refractory motors, refractory bricks, refractory ceramic products and other. The product range of the company includes fireclay and high alumina refractories for blast furnaces, coke ovens steel teeming ladles, reheating furnaces, continuous casting units and refractories for non-ferrous industries, spall resistant bricks for severe thermal shock areas. It also manufactures alumina-based abrasion resistant bricks as well as thermal spalling resistant bricks for critical applications in ferrous and non-ferrous industries, high alumina abrasion resistant refractories and slide plate accessories.

Nilachal Refractories (BOM:502294) Headlines

No Headlines