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Sacheta Metals (BOM:531869) Days Inventory : 217.90 (As of Dec. 2023)


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What is Sacheta Metals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sacheta Metals's Average Total Inventories for the three months ended in Dec. 2023 was ₹272.7 Mil. Sacheta Metals's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹114.2 Mil. Hence, Sacheta Metals's Days Inventory for the three months ended in Dec. 2023 was 217.90.

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

BOM:531869' s Days Inventory Range Over the Past 10 Years
Min: 52.28   Med: 68.92   Max: 150.07
Current: 150.07

During the past 13 years, Sacheta Metals's highest Days Inventory was 150.07. The lowest was 52.28. And the median was 68.92.

BOM:531869's Days Inventory is ranked worse than
72.73% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.08 vs BOM:531869: 150.07

Sacheta Metals's Days Inventory increased from Dec. 2022 (136.77) to Dec. 2023 (217.90). It might indicate that Sacheta Metals's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sacheta Metals's Inventory Turnover for the three months ended in Dec. 2023 was 0.42.

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. Sacheta Metals's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.63.


Sacheta Metals Days Inventory Historical Data

The historical data trend for Sacheta Metals'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.

Sacheta Metals Days Inventory Chart

Sacheta Metals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.15 52.28 69.69 118.98 140.88

Sacheta Metals 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 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 136.77 106.13 175.29 153.79 217.90

Competitive Comparison of Sacheta Metals's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Sacheta Metals'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.


Sacheta Metals's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sacheta Metals's Days Inventory distribution charts can be found below:

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



Sacheta Metals Days Inventory Calculation

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

Sacheta Metals'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
=( (296.824 + 283.725) / 2 ) / 752.055*365
=290.2745 / 752.055*365
=140.88

Sacheta Metals'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
=( (272.7 + 0) / 1 ) / 114.2*365 / 4
=272.7 / 114.2*365 / 4
=217.90

* 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.


Sacheta Metals  (BOM:531869) 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.

Sacheta Metals's Inventory Turnover for the three months ended in Dec. 2023 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.

Sacheta Metals's Inventory to Revenue for the three months ended in Dec. 2023 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.


Sacheta Metals Days Inventory Related Terms

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


Sacheta Metals (BOM:531869) Business Description

Traded in Other Exchanges
N/A
Address
Marve Road, Near Nutan School, 502, Sej Plaza, 5th Floor, Malad (West), Mumbai, MH, IND, 400064
Sacheta Metals Ltd is a manufacturer and exporter of Aluminium, Stainless, and mild steel Houseware kitchenware. Its products include Utensils, Sheets, Coils, Circles, Non-Stick, and Cookware such as Pressure cookers, Foil Chequered sheets, and PP Caps / Slug. It also manufactures Stainless Steel Kitchenware in India. The company operates mainly in the manufacturing of Aluminium Products.

Sacheta Metals (BOM:531869) Headlines

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