Naraingarh Sugar Mills (BOM:531457) Days Inventory : 0.00 (As of Dec. 2023)

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What is Naraingarh Sugar Mills Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Naraingarh Sugar Mills's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.0 Mil. Naraingarh Sugar Mills's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹313.5 Mil. Hence, Naraingarh Sugar Mills's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

During the past 5 years, Naraingarh Sugar Mills's highest Days Inventory was 97.36. The lowest was 44.69. And the median was 57.52.

BOM:531457's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 82.23
* Ranked among companies with meaningful Days Inventory only.

Naraingarh Sugar Mills's Days Inventory stayed the same from Mar. 2018 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Naraingarh Sugar Mills's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Naraingarh Sugar Mills Days Inventory Historical Data

The historical data trend for Naraingarh Sugar Mills'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.

Naraingarh Sugar Mills Days Inventory Chart

Naraingarh Sugar Mills Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Days Inventory

62.10

97.36

52.93

44.69

Naraingarh Sugar Mills Quarterly Data
	Mar17	Mar18	Mar19	Mar20	Dec22	Dec23
Days Inventory	Get a 7-Day Free Trial			-	-	-	76.30	-

Competitive Comparison of Naraingarh Sugar Mills's Days Inventory

For the Confectioners subindustry, Naraingarh Sugar Mills'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.

Naraingarh Sugar Mills's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Naraingarh Sugar Mills's Days Inventory distribution charts can be found below:

* The bar in red indicates where Naraingarh Sugar Mills's Days Inventory falls into.

Naraingarh Sugar Mills Days Inventory Calculation

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

Naraingarh Sugar Mills'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
=	( (173.004	+	289.476)	/	2 )	/	1888.69	*	365
=	231.24					/	1888.69	*	365
=	44.69

Naraingarh Sugar Mills'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	313.452	*	365 / 4
=	0					/	313.452	*	365 / 4
=	0.00

Naraingarh Sugar Mills (BOM:531457) 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.

Naraingarh Sugar Mills's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	313.452	/	0
	=

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.

Naraingarh Sugar Mills's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	372.243
	=	0.00

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.

Naraingarh Sugar Mills Days Inventory Related Terms

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

Naraingarh Sugar Mills (BOM:531457) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Naraingarh Sugar Mills Ltd (BOM:531457) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Village Banondi, P.O. Shahzadpur, Tehsil Naraingarh, Ambala, HR, IND, 133001

Website

http://www.naraingarhsugarmillsltd.com

Naraingarh Sugar Mills Ltd is engaged in the business of manufacturing white crystal sugar and by-products. It earns revenues from the sales of sugar, molasses, power, press mud, and bagasse.

Naraingarh Sugar Mills (BOM:531457) Headlines

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