GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Polylink Polymers (India) Ltd (BOM:531454) » Definitions » Days Inventory

Polylink Polymers (India) (BOM:531454) Days Inventory : 38.32 (As of Dec. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Polylink Polymers (India) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Polylink Polymers (India)'s Average Total Inventories for the three months ended in Dec. 2024 was ₹70.7 Mil. Polylink Polymers (India)'s Cost of Goods Sold for the three months ended in Dec. 2024 was ₹168.4 Mil. Hence, Polylink Polymers (India)'s Days Inventory for the three months ended in Dec. 2024 was 38.32.

The historical rank and industry rank for Polylink Polymers (India)'s Days Inventory or its related term are showing as below:

BOM:531454' s Days Inventory Range Over the Past 10 Years
Min: 22.56   Med: 41.76   Max: 57.09
Current: 34.58

During the past 13 years, Polylink Polymers (India)'s highest Days Inventory was 57.09. The lowest was 22.56. And the median was 41.76.

BOM:531454's Days Inventory is ranked better than
88.04% of 1497 companies
in the Chemicals industry
Industry Median: 77.63 vs BOM:531454: 34.58

Polylink Polymers (India)'s Days Inventory increased from Dec. 2023 (36.91) to Dec. 2024 (38.32). It might indicate that Polylink Polymers (India)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Polylink Polymers (India)'s Inventory Turnover for the three months ended in Dec. 2024 was 2.38.

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. Polylink Polymers (India)'s Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.32.


Polylink Polymers (India) Days Inventory Historical Data

The historical data trend for Polylink Polymers (India)'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.

Polylink Polymers (India) Days Inventory Chart

Polylink Polymers (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.98 57.09 48.52 45.31 36.77

Polylink Polymers (India) 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 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 36.91 32.82 34.24 40.96 38.32

Competitive Comparison of Polylink Polymers (India)'s Days Inventory

For the Specialty Chemicals subindustry, Polylink Polymers (India)'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.


Polylink Polymers (India)'s Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polylink Polymers (India)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Polylink Polymers (India)'s Days Inventory falls into.



Polylink Polymers (India) Days Inventory Calculation

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

Polylink Polymers (India)'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
=( (51.572 + 67.075) / 2 ) / 588.87*365
=59.3235 / 588.87*365
=36.77

Polylink Polymers (India)'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
=( (70.704 + 0) / 1 ) / 168.35*365 / 4
=70.704 / 168.35*365 / 4
=38.32

* 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.


Polylink Polymers (India)  (BOM:531454) 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.

Polylink Polymers (India)'s Inventory Turnover for the three months ended in Dec. 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.

Polylink Polymers (India)'s Inventory to Revenue for the three months ended in Dec. 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.


Polylink Polymers (India) Days Inventory Related Terms

Thank you for viewing the detailed overview of Polylink Polymers (India)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Polylink Polymers (India) Business Description

Traded in Other Exchanges
N/A
Address
506, Saffron Building, Near Center Point, Ambawadi, Ahmedabad, GJ, IND, 380006
Polylink Polymers (India) Ltd is engaged in is engaged in the manufacture and sale of polymeric compounds and colour masterbatches. It offers products including Polylink Filler masterbatches, Black masterbatches, White masterbatches,Color masterbatch, etc. The Company is also manufacturing various Compound of Power Cable, Telephone Cable, Engineering Plastics and Master batches. Majority revenue is generated from India.

Polylink Polymers (India) Headlines

No Headlines