Euro Ceramics (BOM:532823) Days Inventory: 153.14 (As of Mar. 2019)

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BOM:532823 Euro Ceramics Ltd BOM:532823
4 GF Score
Price ₹1.11
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What is Euro Ceramics Days Inventory?

Euro Ceramics BOM:532823 4 Days Inventory is 153.14 as of Mar. 2019. GuruFocus rates BOM:532823 with a GF Score™ of 4/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Euro Ceramics's Average Total Inventories for the six months ended in Mar. 2019 was ₹147.7 Mil. Euro Ceramics's Cost of Goods Sold for the six months ended in Mar. 2019 was ₹352.0 Mil. Hence, Euro Ceramics's Days Inventory for the six months ended in Mar. 2019 was 76.57.

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

BOM:532823's Days Inventory is not ranked *
in the Construction industry.
Industry Median: 49.87
* Ranked among companies with meaningful Days Inventory only.

Euro Ceramics's Days Inventory declined from Mar. 2017 (884.92) to Mar. 2019 (153.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Euro Ceramics's Inventory Turnover for the six months ended in Mar. 2019 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. Euro Ceramics's Inventory-to-Revenue for the six months ended in Mar. 2019 was 0.69.


Euro Ceramics  (BOM:532823) 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.

Euro Ceramics's Inventory Turnover for the six months ended in Mar. 2019 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.

Euro Ceramics's Inventory to Revenue for the six months ended in Mar. 2019 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.


Euro Ceramics Days Inventory Related Terms


Euro Ceramics Days Inventory Historical Data

* Premium members only.

The historical data trend for Euro Ceramics'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.

Euro Ceramics Days Inventory Chart

Euro Ceramics Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 529.60 397.98 884.92 451.38 153.14

Euro Ceramics Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 529.60 397.98 884.92 451.38 153.14

BOM:532823 vs CARR, MAS, TREX: Days Inventory Comparison

For the Building Products & Equipment subindustry, Euro Ceramics'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.


Euro Ceramics Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, Euro Ceramics's Days Inventory distribution charts can be found below:

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


BOM:532823
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Euro Ceramics Ltd BOM:532823
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Euro Ceramics Days Inventory Calculation

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

Euro Ceramics's Days Inventory for the fiscal year that ended in Mar. 2019 is calculated as

Days Inventory (A: Mar. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2018 ) + Total Inventories (A: Mar. 2019 )) / count ) / Cost of Goods Sold (A: Mar. 2019 )*Days in Period
=( (239.993 + 55.356) / 2 ) / 351.984*365
=147.6745 / 351.984*365
=153.14

Euro Ceramics's Days Inventory for the quarter that ended in Mar. 2019 is calculated as:

Days Inventory (Q: Mar. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2018 ) + Total Inventories (Q: Mar. 2019 )) / count ) / Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=( (239.993 + 55.356) / 2 ) / 351.984*365 / 2
=147.6745 / 351.984*365 / 2
=76.57

* 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 153.14 mean?
Euro Ceramics (BOM:532823) has a Days Inventory of 153.14 as of Mar. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Euro Ceramics and its competitors.
Is Euro Ceramics' Days Inventory too high?
Euro Ceramics' current Days Inventory is 153.14. The Construction industry median Days Inventory is 49.87. Euro Ceramics' value of 153.14 is 207.1% above this industry median. Overall, Euro Ceramics has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Euro Ceramics' Days Inventory compare to CARR and MAS?
Euro Ceramics' Days Inventory of 153.14 can be compared against companies in the Construction industry. The industry median Days Inventory is 49.87. Euro Ceramics' value of 153.14 is 207.1% 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 Construction company?
The median Days Inventory among Construction companies is 49.87, based on 1,491 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. Euro Ceramics's current Days Inventory of 153.14 is 207.1% 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 Euro Ceramics and its competitors. For the Construction industry, the median Days Inventory is 49.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Euro Ceramics's current Days Inventory is 153.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro Ceramics stock overvalued right now?
Euro Ceramics (BOM:532823) has a current Days Inventory of 153.14. The current Days Inventory is 153.14 and 207.1% above the Construction industry median of 49.87. Euro Ceramics' 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 Euro Ceramics (BOM:532823), the current Days Inventory is 153.14 as of Mar. 2019. 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.

Euro Ceramics Business Description

Address Vallabhbhai Road, Opposite Railway Station, 208, 2nd Floor, Sangam Arcade, Vile Parle (West), Mumbai, IND, 400 056
Euro Ceramics Ltd is an India based company engaged in the manufacturing and sells of vitrified tiles. It operates in three business segments including Tiles Division, Aluminium Division, and Realty Division. The tiles division, which is the key revenue driver, manufactures products including vitrified tiles, composite marble, sanitary ware products, and bathroom tiles. The company holds a global market presence with the majority of the revenue generated from the Indian market.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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