Sharda Ispat (BOM:513548) Days Inventory : 64.96 (As of Dec. 2024)

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

What is Sharda Ispat Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sharda Ispat's Average Total Inventories for the three months ended in Dec. 2024 was ₹320 Mil. Sharda Ispat's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹450 Mil. Hence, Sharda Ispat's Days Inventory for the three months ended in Dec. 2024 was 64.96.

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

BOM:513548' s Days Inventory Range Over the Past 10 Years
Min: 25.17 Med: 33.28 Max: 115.4
Current: 50.37

During the past 13 years, Sharda Ispat's highest Days Inventory was 115.40. The lowest was 25.17. And the median was 33.28.

BOM:513548's Days Inventory is ranked better than
76.58% of 585 companies
in the Steel industry
Industry Median: 87.23 vs BOM:513548: 50.37

Sharda Ispat's Days Inventory increased from Dec. 2023 (13.21) to Dec. 2024 (64.96). It might indicate that Sharda Ispat's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sharda Ispat's Inventory Turnover for the three months ended in Dec. 2024 was 1.40.

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. Sharda Ispat's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.59.

Sharda Ispat Days Inventory Historical Data

The historical data trend for Sharda Ispat'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.

Sharda Ispat Days Inventory Chart

Sharda Ispat Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Get a 7-Day Free Trial

29.40

28.26

26.86

29.10

37.15

Sharda Ispat 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															13.21	50.76	63.70	108.83	64.96

Competitive Comparison of Sharda Ispat's Days Inventory

For the Steel subindustry, Sharda Ispat'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.

Sharda Ispat's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sharda Ispat's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sharda Ispat's Days Inventory falls into.

Save Embed

;

Save Embed

;

Sharda Ispat Days Inventory Calculation

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

Sharda Ispat'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
=	( (117.043	+	269.558)	/	2 )	/	1899.375	*	365
=	193.3005					/	1899.375	*	365
=	37.15

Sharda Ispat'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
=	( (320.234	+	0)	/	1 )	/	449.839	*	365 / 4
=	320.234					/	449.839	*	365 / 4
=	64.96

Sharda Ispat (BOM:513548) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	449.839	/	320.234
	=	1.40

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	320.234	/	543.579
	=	0.59

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.

Sharda Ispat Days Inventory Related Terms

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

Sharda Ispat Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sharda Ispat Ltd (BOM:513548) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hill Road, DA-Rock, Plot No. 230, 6th Floor, Shivaji Nagar, Nagpur, MH, IND, 440010

Website

http://shardaispat.com

Sharda Ispat Ltd is engaged in the iron and steel business. It manufactures alloy, carbon, and spring steel rolled products to the various automobile OEM component manufacturer, as well as forging and bright bar industries. Its product offerings comprise Flats, Round Bars, and Square Bars. The majority of revenue comes from India.

Sharda Ispat Headlines

No Headlines