Signet Industries (BOM:512131) Days Inventory : 78.22 (As of Dec. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Signet Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Signet Industries's Average Total Inventories for the three months ended in Dec. 2024 was ₹2,217 Mil. Signet Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹2,586 Mil. Hence, Signet Industries's Days Inventory for the three months ended in Dec. 2024 was 78.22.

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

BOM:512131' s Days Inventory Range Over the Past 10 Years
Min: 51.92 Med: 86.07 Max: 115.24
Current: 91.31

During the past 13 years, Signet Industries's highest Days Inventory was 115.24. The lowest was 51.92. And the median was 86.07.

BOM:512131's Days Inventory is ranked worse than
59.76% of 502 companies
in the Conglomerates industry
Industry Median: 74.745 vs BOM:512131: 91.31

Signet Industries's Days Inventory declined from Dec. 2023 (92.97) to Dec. 2024 (78.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. Signet Industries's Inventory Turnover for the three months ended in Dec. 2024 was 1.17.

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. Signet Industries's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.73.

Signet Industries Days Inventory Historical Data

The historical data trend for Signet 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.

Signet Industries Days Inventory Chart

Signet Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Get a 7-Day Free Trial

94.49

106.88

115.24

108.69

94.43

Signet Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															92.97	77.15	116.48	94.58	78.22

Competitive Comparison of Signet Industries's Days Inventory

For the Conglomerates subindustry, Signet 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.

Signet Industries's Days Inventory Distribution in the Conglomerates Industry

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

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

Save Embed

;

Save Embed

;

Signet Industries Days Inventory Calculation

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

Signet 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
=	( (2647.462	+	2737.993)	/	2 )	/	10407.801	*	365
=	2692.7275					/	10407.801	*	365
=	94.43

Signet Industries's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (2216.684	+	0)	/	1 )	/	2585.823	*	365 / 4
=	2216.684					/	2585.823	*	365 / 4
=	78.22

Signet Industries (BOM:512131) 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.

Signet Industries's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2585.823	/	2216.684
	=	1.17

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.

Signet Industries's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2216.684	/	3039.81
	=	0.73

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.

Signet Industries Days Inventory Related Terms

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

Signet Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Signet Industries Ltd (BOM:512131) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SIGIND:India

Address

Smart Industrial Park, Plot no. 99, Near NATRIP, Pithampur, Dhar, MP, IND, 454775

Website

https://www.groupsignet.com

Signet Industries Ltd is engaged in the business of merchant trading of all kinds of polymers and other related products. It is also involved in manufacturing micro-irrigation systems, sprinkler pipes, agro fittings, and its allied products, household, and plastic molded furnitures. Its primary segments are Manufacturing, Windmill, and Trading. The Manufacturing segment, which generates maximum revenue, comprises the manufacturing of irrigation and plastic products. Its Windmill segment includes its wind turbine power unit, and the Trading segment involves the trading of polymers and plastic granules. Geographically, the company derives a majority of its revenue from its business in India and also caters to the international markets through exports.

Signet Industries Headlines

No Headlines