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Shakti Press (BOM:526841) Days Inventory : 134.52 (As of Mar. 2024)


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What is Shakti Press Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shakti Press's Average Total Inventories for the three months ended in Mar. 2024 was ₹29.8 Mil. Shakti Press's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹20.2 Mil. Hence, Shakti Press's Days Inventory for the three months ended in Mar. 2024 was 134.52.

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

BOM:526841' s Days Inventory Range Over the Past 10 Years
Min: 97   Med: 190.55   Max: 368.65
Current: 157.22

During the past 13 years, Shakti Press's highest Days Inventory was 368.65. The lowest was 97.00. And the median was 190.55.

BOM:526841's Days Inventory is ranked worse than
85.51% of 683 companies
in the Business Services industry
Industry Median: 28.55 vs BOM:526841: 157.22

Shakti Press's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (134.52). It might indicate that Shakti Press's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shakti Press's Inventory Turnover for the three months ended in Mar. 2024 was 0.68.

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. Shakti Press's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.90.


Shakti Press Days Inventory Historical Data

The historical data trend for Shakti Press'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.

Shakti Press Days Inventory Chart

Shakti Press Annual Data
Trend Jun14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.15 258.75 183.65 197.45 152.75

Shakti Press Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 164.04 218.16 134.52

Competitive Comparison of Shakti Press's Days Inventory

For the Specialty Business Services subindustry, Shakti Press'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.


Shakti Press's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shakti Press's Days Inventory distribution charts can be found below:

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



Shakti Press Days Inventory Calculation

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

Shakti Press'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
=( (0 + 29.841) / 1 ) / 71.307*365
=29.841 / 71.307*365
=152.75

Shakti Press's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 29.841) / 1 ) / 20.243*365 / 4
=29.841 / 20.243*365 / 4
=134.52

* 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.


Shakti Press  (BOM:526841) 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.

Shakti Press's Inventory Turnover for the three months ended in Mar. 2024 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.

Shakti Press's Inventory to Revenue for the three months ended in Mar. 2024 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.


Shakti Press Days Inventory Related Terms

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


Shakti Press (BOM:526841) Business Description

Traded in Other Exchanges
N/A
Address
At Mondha Village, Tah Hingna, Nagpur, MH, IND, 440028
Shakti Press Ltd is engaged in the Books, corrugated Boxes, Paper Plates and Printed Labels manufacturing business. The company has an Automatic Folding and Pasting Machine for the manufacturing of DUPLEX CARTONS. The company's installed Capacity in the Corrugation Plant is more than 500 Tons per month.

Shakti Press (BOM:526841) Headlines

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