Synthiko Foils (BOM:513307) Days Inventory : 75.58 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Synthiko Foils Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Synthiko Foils's Average Total Inventories for the three months ended in Dec. 2023 was ₹45.9 Mil. Synthiko Foils's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹55.5 Mil. Hence, Synthiko Foils's Days Inventory for the three months ended in Dec. 2023 was 75.58.

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

BOM:513307' s Days Inventory Range Over the Past 10 Years
Min: 26.38 Med: 54.16 Max: 86.42
Current: 55.04

During the past 13 years, Synthiko Foils's highest Days Inventory was 86.42. The lowest was 26.38. And the median was 54.16.

BOM:513307's Days Inventory is ranked better than
72.73% of 660 companies
in the Metals & Mining industry
Industry Median: 88.605 vs BOM:513307: 55.04

Synthiko Foils's Days Inventory increased from Dec. 2022 (50.17) to Dec. 2023 (75.58). It might indicate that Synthiko Foils's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Synthiko Foils's Inventory Turnover for the three months ended in Dec. 2023 was 1.21.

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. Synthiko Foils's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.70.

Synthiko Foils Days Inventory Historical Data

The historical data trend for Synthiko Foils'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.

Synthiko Foils Days Inventory Chart

Synthiko Foils Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

42.73

34.77

52.31

56.00

60.91

Synthiko Foils 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															50.17	52.31	48.33	83.83	75.58

Competitive Comparison of Synthiko Foils's Days Inventory

For the Aluminum subindustry, Synthiko Foils'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.

Synthiko Foils's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Synthiko Foils's Days Inventory distribution charts can be found below:

* The bar in red indicates where Synthiko Foils's Days Inventory falls into.

Synthiko Foils Days Inventory Calculation

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

Synthiko Foils'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
=	( (42.693	+	33.205)	/	2 )	/	227.391	*	365
=	37.949					/	227.391	*	365
=	60.91

Synthiko Foils'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
=	( (45.947	+	0)	/	1 )	/	55.475	*	365 / 4
=	45.947					/	55.475	*	365 / 4
=	75.58

Synthiko Foils (BOM:513307) 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.

Synthiko Foils's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	55.475	/	45.947
	=	1.21

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.

Synthiko Foils's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	45.947	/	65.306
	=	0.70

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.

Synthiko Foils Days Inventory Related Terms

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

Synthiko Foils (BOM:513307) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Synthiko Foils Ltd (BOM:513307) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

84/1, 84/2, Jamsar Road, District Thane, Jawhar, Palghar, MH, IND, 401603

Website

https://www.synthikofoilsltd.com

Synthiko Foils Ltd is a manufacturer, supplier, and exporter of aluminum packaging foils in India. Its products include aluminum foils, lidding foil, and three-ply laminates, blister foil, printed and laminated aluminum foil, and aluminum foil lids.

Synthiko Foils (BOM:513307) Headlines

No Headlines