Fenoplast (BOM:526689) Days Inventory: 125.64 (As of Mar. 2020)

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BOM:526689 Fenoplast Ltd BOM:526689
4 GF Score
Price ₹13.04
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What is Fenoplast Days Inventory?

Fenoplast BOM:526689 4 Days Inventory is 125.64 as of Mar. 2020. GuruFocus rates BOM:526689 with a GF Score™ of 4/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Fenoplast's Average Total Inventories for the three months ended in Mar. 2020 was ₹599 Mil. Fenoplast's Cost of Goods Sold for the three months ended in Mar. 2020 was ₹435 Mil. Hence, Fenoplast's Days Inventory for the three months ended in Mar. 2020 was 125.64.

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

BOM:526689's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 80.51
* Ranked among companies with meaningful Days Inventory only.

Fenoplast's Days Inventory declined from Mar. 2019 (170.24) to Mar. 2020 (125.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fenoplast's Inventory Turnover for the three months ended in Mar. 2020 was 0.73.

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. Fenoplast's Inventory-to-Revenue for the three months ended in Mar. 2020 was 2.40.


Fenoplast  (BOM:526689) 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.

Fenoplast's Inventory Turnover for the three months ended in Mar. 2020 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.

Fenoplast's Inventory to Revenue for the three months ended in Mar. 2020 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.


Fenoplast Days Inventory Related Terms


Fenoplast Days Inventory Historical Data

* Premium members only.

The historical data trend for Fenoplast'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.

Fenoplast Days Inventory Chart

Fenoplast Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.06 90.79 98.27 152.33 243.05

Fenoplast Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 170.24 375.62 334.71 403.42 125.64

BOM:526689 vs LIN, ECL, SHW: Days Inventory Comparison

For the Specialty Chemicals subindustry, Fenoplast'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.


Fenoplast Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fenoplast's Days Inventory distribution charts can be found below:

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


BOM:526689
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Fenoplast Ltd BOM:526689
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Fenoplast Days Inventory Calculation

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

Fenoplast's Days Inventory for the fiscal year that ended in Mar. 2020 is calculated as

Days Inventory (A: Mar. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2019 ) + Total Inventories (A: Mar. 2020 )) / count ) / Cost of Goods Sold (A: Mar. 2020 )*Days in Period
=( (652.847 + 598.59) / 2 ) / 939.674*365
=625.7185 / 939.674*365
=243.05

Fenoplast's Days Inventory for the quarter that ended in Mar. 2020 is calculated as:

Days Inventory (Q: Mar. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2019 ) + Total Inventories (Q: Mar. 2020 )) / count ) / Cost of Goods Sold (Q: Mar. 2020 )*Days in Period
=( (0 + 598.59) / 1 ) / 434.729*365 / 4
=598.59 / 434.729*365 / 4
=125.64

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 125.64 mean?
Fenoplast (BOM:526689) has a Days Inventory of 125.64 as of Mar. 2020. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Fenoplast and its competitors.
Is Fenoplast's Days Inventory too high?
Fenoplast's current Days Inventory is 125.64. The Chemicals industry median Days Inventory is 80.51. Fenoplast's value of 125.64 is 56.1% above this industry median. Overall, Fenoplast has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Fenoplast's Days Inventory compare to LIN and ECL?
Fenoplast's Days Inventory of 125.64 can be compared against companies in the Chemicals industry. The industry median Days Inventory is 80.51. Fenoplast's value of 125.64 is 56.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Chemicals company?
The median Days Inventory among Chemicals companies is 80.51, based on 1,541 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fenoplast's current Days Inventory of 125.64 is 56.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Fenoplast and its competitors. For the Chemicals industry, the median Days Inventory is 80.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fenoplast's current Days Inventory is 125.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fenoplast stock overvalued right now?
Fenoplast (BOM:526689) has a current Days Inventory of 125.64. The current Days Inventory is 125.64 and 56.1% above the Chemicals industry median of 80.51. Fenoplast's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Fenoplast (BOM:526689), the current Days Inventory is 125.64 as of Mar. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fenoplast Business Description

Address 306-308, Chenoy Trade Centre, Parklane, Secunderabad, TG, IND, 500003
Fenoplast Ltd manufactures PVC Film and PVC Leather Cloth. PVC Film is used in the pharma industry for tablets packaging, healthcare products packaging and in the packaging of consumer goods like shaving products, tooth brushes, batteries, tools, and toys, among others. PVC Leather Cloth is used for car upholstery, motor cycle seat covers, auto rickshaw hoods and seats, tractors, trucks, and buses. It is also used for making ladies bags and footwear. The company's segments include PVC Leather Cloth and PVC Film. Majority of the revenue is derived from PVC Film segment. Its operations are spread in India and outside India.
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