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Tijaria Polypipes (BOM:533629) Days Inventory : 410.05 (As of Mar. 2024)


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What is Tijaria Polypipes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tijaria Polypipes's Average Total Inventories for the three months ended in Mar. 2024 was ₹4.63 Mil. Tijaria Polypipes's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1.03 Mil. Hence, Tijaria Polypipes's Days Inventory for the three months ended in Mar. 2024 was 410.05.

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

BOM:533629' s Days Inventory Range Over the Past 10 Years
Min: 41.31   Med: 97.74   Max: 1210.38
Current: 1210.38

During the past 13 years, Tijaria Polypipes's highest Days Inventory was 1210.38. The lowest was 41.31. And the median was 97.74.

BOM:533629's Days Inventory is ranked worse than
97.86% of 1399 companies
in the Construction industry
Industry Median: 48.55 vs BOM:533629: 1210.38

Tijaria Polypipes's Days Inventory increased from Mar. 2023 (13.85) to Mar. 2024 (410.05). It might indicate that Tijaria Polypipes's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tijaria Polypipes's Inventory Turnover for the three months ended in Mar. 2024 was 0.22.

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. Tijaria Polypipes's Inventory-to-Revenue for the three months ended in Mar. 2024 was 4.34.


Tijaria Polypipes Days Inventory Historical Data

The historical data trend for Tijaria Polypipes'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.

Tijaria Polypipes Days Inventory Chart

Tijaria Polypipes 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 84.27 100.07 70.41 72.59 1,140.44

Tijaria Polypipes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.85 1,036.71 - - 410.05

Competitive Comparison of Tijaria Polypipes's Days Inventory

For the Building Products & Equipment subindustry, Tijaria Polypipes'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.


Tijaria Polypipes's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Tijaria Polypipes's Days Inventory falls into.



Tijaria Polypipes Days Inventory Calculation

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

Tijaria Polypipes'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
=( (5.047 + 4.114) / 2 ) / 1.466*365
=4.5805 / 1.466*365
=1,140.44

Tijaria Polypipes's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (5.143 + 4.114) / 2 ) / 1.03*365 / 4
=4.6285 / 1.03*365 / 4
=410.05

* 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.


Tijaria Polypipes  (BOM:533629) 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.

Tijaria Polypipes's Inventory Turnover for the three months ended in Mar. 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.

Tijaria Polypipes's Inventory to Revenue for the three months ended in Mar. 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.


Tijaria Polypipes Days Inventory Related Terms

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


Tijaria Polypipes (BOM:533629) Business Description

Traded in Other Exchanges
Address
SP-1-2316, RIICO Industrial Area, Ramchandrapura, Sitapura Extension, Jaipur, RJ, IND, 302022
Tijaria Polypipes Ltd manufactures HDPE Pipes, PLB HDPE Duct, MDPE Pipes, DWC HDPE Pipes, uPVC Pipes, PVC-U Pipes, Mink Blankets, partially oriented yarn, and draw textured yarn, surgical masks, N-95 Mask under the registered brand name of Tijaria and Vikas. The company operates in two segments Pipes and Textiles. The company produces a product range in the field of plastics, HDPE Pipes for Electrical, Water and Sewerage, PVC-U and DWC HDPE Pipes for Sewerage, uPVC Pipes for Water, PLB HDPE Ducts for telecommunications, HDPE Sprinkler Irrigation Systems, MDPE Pipes for Water Supply etc. The majority of its revenue is generated from the pipes segment.

Tijaria Polypipes (BOM:533629) Headlines

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