GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Heubach Colorants India Ltd (BOM:506390) » Definitions » Days Inventory

Heubach Colorants India (BOM:506390) Days Inventory : 94.96 (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Heubach Colorants India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Heubach Colorants India's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,156 Mil. Heubach Colorants India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,111 Mil. Hence, Heubach Colorants India's Days Inventory for the three months ended in Dec. 2023 was 94.96.

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

BOM:506390' s Days Inventory Range Over the Past 10 Years
Min: 69.31   Med: 96.93   Max: 142.25
Current: 96.83

During the past 13 years, Heubach Colorants India's highest Days Inventory was 142.25. The lowest was 69.31. And the median was 96.93.

BOM:506390's Days Inventory is ranked worse than
58.91% of 1492 companies
in the Chemicals industry
Industry Median: 82.18 vs BOM:506390: 96.83

Heubach Colorants India's Days Inventory declined from Dec. 2022 (105.07) to Dec. 2023 (94.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Heubach Colorants India's Inventory Turnover for the three months ended in Dec. 2023 was 0.96.

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. Heubach Colorants India's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.66.


Heubach Colorants India Days Inventory Historical Data

The historical data trend for Heubach Colorants India'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.

Heubach Colorants India Days Inventory Chart

Heubach Colorants India Annual Data
Trend Dec13 Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 142.25 119.08 109.26 96.82 105.97

Heubach Colorants India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 105.07 108.83 93.57 86.01 94.96

Competitive Comparison of Heubach Colorants India's Days Inventory

For the Specialty Chemicals subindustry, Heubach Colorants India'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.


Heubach Colorants India's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Heubach Colorants India's Days Inventory falls into.



Heubach Colorants India Days Inventory Calculation

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

Heubach Colorants India'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
=( (1496.729 + 1292.996) / 2 ) / 4804.422*365
=1394.8625 / 4804.422*365
=105.97

Heubach Colorants India'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
=( (1156.4 + 0) / 1 ) / 1111.2*365 / 4
=1156.4 / 1111.2*365 / 4
=94.96

* 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.


Heubach Colorants India  (BOM:506390) 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.

Heubach Colorants India's Inventory Turnover for the three months ended in Dec. 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.

Heubach Colorants India's Inventory to Revenue for the three months ended in Dec. 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.


Heubach Colorants India Days Inventory Related Terms

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


Heubach Colorants India (BOM:506390) Business Description

Traded in Other Exchanges
Address
D-33, MIDC Road, TTC Industrial Area, Rupa Renaissance, B Wing, 25th Floor, Juinagar, Navi Mumbai, MH, IND, 400 705
Heubach Colorants India Ltd is engaged in the manufacturing and selling of Specialty Chemicals. It Enables coatings, plastics, inks, and specialty companies to deliver stellar products to their customers. Its products include A-Z of Heubach, Product Finder, Formulation Guide for Corrosion Protection, and Formulation Guide for Automotive Coatings. Its applications include Coatings, Corrosion Protection, Plastics, Printing & Digital Printing, and Special Applications.

Heubach Colorants India (BOM:506390) Headlines

No Headlines