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TGV Sraac (BOM:507753) Days Inventory : 92.34 (As of Mar. 2024)


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What is TGV Sraac Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TGV Sraac's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,257 Mil. TGV Sraac's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,242 Mil. Hence, TGV Sraac's Days Inventory for the three months ended in Mar. 2024 was 92.34.

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

BOM:507753' s Days Inventory Range Over the Past 10 Years
Min: 61.63   Med: 77.9   Max: 114.08
Current: 99.95

During the past 13 years, TGV Sraac's highest Days Inventory was 114.08. The lowest was 61.63. And the median was 77.90.

BOM:507753's Days Inventory is ranked worse than
61.5% of 1491 companies
in the Chemicals industry
Industry Median: 81.77 vs BOM:507753: 99.95

TGV Sraac's Days Inventory increased from Mar. 2023 (84.14) to Mar. 2024 (92.34). It might indicate that TGV Sraac's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TGV Sraac's Inventory Turnover for the three months ended in Mar. 2024 was 0.99.

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. TGV Sraac's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.34.


TGV Sraac Days Inventory Historical Data

The historical data trend for TGV Sraac'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.

TGV Sraac Days Inventory Chart

TGV Sraac 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 114.08 111.31 81.23 73.99 97.98

TGV Sraac 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 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 84.14 99.67 110.48 101.88 92.34

Competitive Comparison of TGV Sraac's Days Inventory

For the Chemicals subindustry, TGV Sraac'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.


TGV Sraac's Days Inventory Distribution in the Chemicals Industry

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

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



TGV Sraac Days Inventory Calculation

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

TGV Sraac'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
=( (1396.514 + 1256.6) / 2 ) / 4941.8*365
=1326.557 / 4941.8*365
=97.98

TGV Sraac'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 + 1256.6) / 1 ) / 1241.7*365 / 4
=1256.6 / 1241.7*365 / 4
=92.34

* 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.


TGV Sraac  (BOM:507753) 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.

TGV Sraac's Inventory Turnover for the three months ended in Mar. 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.

TGV Sraac's Inventory to Revenue for the three months ended in Mar. 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.


TGV Sraac Days Inventory Related Terms

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


TGV Sraac (BOM:507753) Business Description

Traded in Other Exchanges
N/A
Address
40-304, Krishna Jyothsna Complex, 2nd Floor, Bhagya Nagar, Kurnool, AP, IND, 518 004
TGV Sraac Ltd operates in the chemical business. The company has two segments namely Chemicals, Oils and Fats. The Chemical segment includes Caustic Soda Lye/ Flakes, Chlorine, Hydrochloric Acid, Potassium Hydroxide Lye/ Flakes and chloromethanes. Whereas Oils and Fats segment products consist of Hydrogenated Castor Oil, 12-Hydroxy Stearic Acid, Stearic Acid and Soap Noodles. It generates maximum revenue from the Chemicals segment.

TGV Sraac (BOM:507753) Headlines

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