RDB Rasayans (BOM:533608) Days Inventory : 24.86 (As of Dec. 2023)

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What is RDB Rasayans Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RDB Rasayans's Average Total Inventories for the three months ended in Dec. 2023 was ₹39 Mil. RDB Rasayans's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹144 Mil. Hence, RDB Rasayans's Days Inventory for the three months ended in Dec. 2023 was 24.86.

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

BOM:533608' s Days Inventory Range Over the Past 10 Years
Min: 11.82 Med: 21.64 Max: 68.5
Current: 17.9

During the past 13 years, RDB Rasayans's highest Days Inventory was 68.50. The lowest was 11.82. And the median was 21.64.

BOM:533608's Days Inventory is ranked better than
97.55% of 368 companies
in the Packaging & Containers industry
Industry Median: 77.68 vs BOM:533608: 17.90

RDB Rasayans's Days Inventory increased from Dec. 2022 (23.98) to Dec. 2023 (24.86). It might indicate that RDB Rasayans's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. RDB Rasayans's Inventory Turnover for the three months ended in Dec. 2023 was 3.67.

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. RDB Rasayans's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.16.

RDB Rasayans Days Inventory Historical Data

The historical data trend for RDB Rasayans'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.

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RDB Rasayans Days Inventory Chart

RDB Rasayans Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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25.03

24.41

13.06

11.82

17.14

RDB Rasayans 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															23.98	10.93	20.88	22.32	24.86

Competitive Comparison of RDB Rasayans's Days Inventory

For the Packaging & Containers subindustry, RDB Rasayans'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.

RDB Rasayans's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, RDB Rasayans's Days Inventory distribution charts can be found below:

* The bar in red indicates where RDB Rasayans's Days Inventory falls into.

RDB Rasayans Days Inventory Calculation

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

RDB Rasayans'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
=	( (35.589	+	34.141)	/	2 )	/	742.252	*	365
=	34.865					/	742.252	*	365
=	17.14

RDB Rasayans'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
=	( (39.365	+	0)	/	1 )	/	144.475	*	365 / 4
=	39.365					/	144.475	*	365 / 4
=	24.86

RDB Rasayans (BOM:533608) 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.

RDB Rasayans's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	144.475	/	39.365
	=	3.67

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.

RDB Rasayans's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	39.365	/	253.199
	=	0.16

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.

RDB Rasayans Days Inventory Related Terms

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

RDB Rasayans (BOM:533608) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » RDB Rasayans Ltd (BOM:533608) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

8/1 Lal Bazar Street, Bikaner Building, 3rd Floor, Room No. 9, Kolkata, WB, IND, 700001

Website

http://www.rdbgroup.in

RDB Rasayans Ltd is a manufacturer of polymer-based woven bags & FIBC (Jumbo bags) in India. It is engaged in the manufacturing of woven sacks, fabric, flexible intermediate bulk container (FIBC) and liner. Its woven sacks products include food grade bags, fertilizer bags, sugar bags, standard cement bags, and tea/coffee bags. Its fabric products include un-laminate and laminate fabric, ventilated fabric, transparent fabric, and polypropylene (PP) and jute mix fabric. Its FIBC products include circular bags, pallet-less baffle bags, sleeve bags, potato's bags, conical bags and asbestos bags. Geographically the company generates the majority of its revenue Within India.

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