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Haldyn Glass (BOM:515147) Days Inventory : 138.75 (As of Dec. 2023)


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What is Haldyn Glass Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Haldyn Glass's Average Total Inventories for the three months ended in Dec. 2023 was ₹305 Mil. Haldyn Glass's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹201 Mil. Hence, Haldyn Glass's Days Inventory for the three months ended in Dec. 2023 was 138.75.

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

BOM:515147' s Days Inventory Range Over the Past 10 Years
Min: 40.69   Med: 67.88   Max: 97.13
Current: 45.81

During the past 13 years, Haldyn Glass's highest Days Inventory was 97.13. The lowest was 40.69. And the median was 67.88.

BOM:515147's Days Inventory is ranked better than
83.38% of 367 companies
in the Packaging & Containers industry
Industry Median: 78.45 vs BOM:515147: 45.81

Haldyn Glass's Days Inventory increased from Dec. 2022 (66.69) to Dec. 2023 (138.75). It might indicate that Haldyn Glass's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Haldyn Glass's Inventory Turnover for the three months ended in Dec. 2023 was 0.66.

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. Haldyn Glass's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.32.


Haldyn Glass Days Inventory Historical Data

The historical data trend for Haldyn Glass'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.

Haldyn Glass Days Inventory Chart

Haldyn Glass Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.44 45.69 68.20 68.20 40.69

Haldyn Glass 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 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 66.69 13.01 113.18 276.01 138.75

Competitive Comparison of Haldyn Glass's Days Inventory

For the Packaging & Containers subindustry, Haldyn Glass'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.


Haldyn Glass's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Haldyn Glass's Days Inventory distribution charts can be found below:

* The bar in red indicates where Haldyn Glass's Days Inventory falls into.



Haldyn Glass Days Inventory Calculation

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

Haldyn Glass'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
=( (306.322 + 212.21) / 2 ) / 2325.514*365
=259.266 / 2325.514*365
=40.69

Haldyn Glass'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
=( (305.374 + 0) / 1 ) / 200.831*365 / 4
=305.374 / 200.831*365 / 4
=138.75

* 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.


Haldyn Glass  (BOM:515147) 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.

Haldyn Glass's Inventory Turnover for the three months ended in Dec. 2023 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.

Haldyn Glass's Inventory to Revenue for the three months ended in Dec. 2023 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.


Haldyn Glass Days Inventory Related Terms

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


Haldyn Glass (BOM:515147) Business Description

Traded in Other Exchanges
N/A
Address
Off Western Express Highway, B-1201, Lotus Corporate Park, Goregaon (East), Mumbai, MH, IND, 400063
Haldyn Glass Ltd is engaged in the business of manufacturing glass containers and bottles. It manufactures Vials which are used in the pharmaceutical industry, and Clear bottles which are used in the liquor manufacturing industry, cosmetics industry, and the food and beverages industry. The company has one business segment namely, Glass bottles / containers. The company generates the majority of its revenue within India.

Haldyn Glass (BOM:515147) Headlines

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