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Supreme Industries (BOM:509930) Days Inventory : 59.39 (As of Mar. 2024)


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What is Supreme Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Supreme Industries's Average Total Inventories for the three months ended in Mar. 2024 was ₹13,586 Mil. Supreme Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹20,875 Mil. Hence, Supreme Industries's Days Inventory for the three months ended in Mar. 2024 was 59.39.

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

BOM:509930' s Days Inventory Range Over the Past 10 Years
Min: 59.78   Med: 73.18   Max: 96.96
Current: 96.96

During the past 13 years, Supreme Industries's highest Days Inventory was 96.96. The lowest was 59.78. And the median was 73.18.

BOM:509930's Days Inventory is ranked worse than
69.23% of 1394 companies
in the Construction industry
Industry Median: 48.575 vs BOM:509930: 96.96

Supreme Industries's Days Inventory declined from Dec. 2022 (69.11) to Mar. 2024 (59.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Supreme Industries's Inventory Turnover for the three months ended in Mar. 2024 was 1.54.

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. Supreme Industries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.46.


Supreme Industries Days Inventory Historical Data

The historical data trend for Supreme Industries'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.

Supreme Industries Days Inventory Chart

Supreme Industries Annual Data
Trend Jun15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.82 73.78 68.31 72.57 72.38

Supreme Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 69.11 70.91 84.26 80.68 59.39

Competitive Comparison of Supreme Industries's Days Inventory

For the Building Products & Equipment subindustry, Supreme Industries'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.


Supreme Industries's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Supreme Industries's Days Inventory distribution charts can be found below:

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



Supreme Industries Days Inventory Calculation

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

Supreme Industries'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
=( (13856.4 + 13585.9) / 2 ) / 69197.1*365
=13721.15 / 69197.1*365
=72.38

Supreme Industries'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 + 13585.9) / 1 ) / 20875.4*365 / 4
=13585.9 / 20875.4*365 / 4
=59.39

* 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.


Supreme Industries  (BOM:509930) 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.

Supreme Industries'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.

Supreme Industries'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.


Supreme Industries Days Inventory Related Terms

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


Supreme Industries (BOM:509930) Business Description

Traded in Other Exchanges
Address
167, Guru Hargovindji Marg, 1161 & 1162 Solitaire Corporate Park, Andheri Ghatkopar Link Road, Andheri (East), Mumbai, MH, IND, 400093
Supreme Industries Ltd is an Indian plastic processor company. The company is engaged in the manufacturing of plastic products. The company operates in five segments namely Plastics piping systems, Consumer products, Industrial Products, Packaging Products and Other Products. The company has forayed into different types of plastic processing in Injection Moulding, Rotational Moulding (ROTO), Extrusion, Compression Moulding and Blow Moulding. The company mainly earns its revenue from the sale of plastic products.

Supreme Industries (BOM:509930) Headlines

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