Shreyas Shipping & Logistics (BOM:520151) Days Inventory : 12.75 (As of Dec. 2023)

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What is Shreyas Shipping & Logistics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shreyas Shipping & Logistics's Average Total Inventories for the three months ended in Dec. 2023 was ₹101 Mil. Shreyas Shipping & Logistics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹725 Mil. Hence, Shreyas Shipping & Logistics's Days Inventory for the three months ended in Dec. 2023 was 12.75.

The historical rank and industry rank for Shreyas Shipping & Logistics's Days Inventory or its related term are showing as below:

BOM:520151' s Days Inventory Range Over the Past 10 Years
Min: 6.54 Med: 12.85 Max: 19.83
Current: 15.67

During the past 13 years, Shreyas Shipping & Logistics's highest Days Inventory was 19.83. The lowest was 6.54. And the median was 12.85.

BOM:520151's Days Inventory is ranked worse than
59.34% of 782 companies
in the Transportation industry
Industry Median: 11.49 vs BOM:520151: 15.67

Shreyas Shipping & Logistics's Days Inventory declined from Dec. 2022 (13.62) to Dec. 2023 (12.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shreyas Shipping & Logistics's Inventory Turnover for the three months ended in Dec. 2023 was 7.16.

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. Shreyas Shipping & Logistics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.14.

Shreyas Shipping & Logistics Days Inventory Historical Data

The historical data trend for Shreyas Shipping & Logistics'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.

Shreyas Shipping & Logistics Days Inventory Chart

Shreyas Shipping & Logistics Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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14.64

11.45

14.25

19.83

17.92

Shreyas Shipping & Logistics 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															13.62	21.75	23.93	13.11	12.75

Competitive Comparison of Shreyas Shipping & Logistics's Days Inventory

For the Marine Shipping subindustry, Shreyas Shipping & Logistics'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.

Shreyas Shipping & Logistics's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Shreyas Shipping & Logistics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shreyas Shipping & Logistics's Days Inventory falls into.

Shreyas Shipping & Logistics Days Inventory Calculation

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

Shreyas Shipping & Logistics'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
=	( (77.4	+	187.4)	/	2 )	/	2696.3	*	365
=	132.4					/	2696.3	*	365
=	17.92

Shreyas Shipping & Logistics'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
=	( (101.3	+	0)	/	1 )	/	725.1	*	365 / 4
=	101.3					/	725.1	*	365 / 4
=	12.75

Shreyas Shipping & Logistics (BOM:520151) 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.

Shreyas Shipping & Logistics's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	725.1	/	101.3
	=	7.16

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.

Shreyas Shipping & Logistics's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	101.3	/	717.6
	=	0.14

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.

Shreyas Shipping & Logistics Days Inventory Related Terms

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

Shreyas Shipping & Logistics (BOM:520151) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shreyas Shipping & Logistics Ltd (BOM:520151) » Definitions » Days Inventory

Traded in Other Exchanges

SHREYAS:India

Address

Plot No. R1, Sector - 40, D 301-305, Level 3, Tower II, Seawoods Grand Central, Nerul Node, Navi Mumbai, MH, IND, 400706

Website

https://www.transworld.com

Shreyas Shipping & Logistics Ltd is an India-based company, engaged in the provision of shipping and logistics services. It is also engaged in freight forwarding services including air import/export, sea import/export, and customs house agent. The company generates a vast majority of its revenue within India. Its only operating segment is Shipping.

Shreyas Shipping & Logistics (BOM:520151) Headlines

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