GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Unison Metals Ltd (BOM:538610) » Definitions » Days Inventory

Unison Metals (BOM:538610) Days Inventory : 93.00 (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Unison Metals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Unison Metals's Average Total Inventories for the three months ended in Sep. 2024 was ₹567 Mil. Unison Metals's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹556 Mil. Hence, Unison Metals's Days Inventory for the three months ended in Sep. 2024 was 93.00.

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

BOM:538610' s Days Inventory Range Over the Past 10 Years
Min: 40.01   Med: 64.4   Max: 84.43
Current: 70.01

During the past 11 years, Unison Metals's highest Days Inventory was 84.43. The lowest was 40.01. And the median was 64.40.

BOM:538610's Days Inventory is ranked better than
62.35% of 587 companies
in the Steel industry
Industry Median: 87.83 vs BOM:538610: 70.01

Unison Metals's Days Inventory increased from Sep. 2023 (56.05) to Sep. 2024 (93.00). It might indicate that Unison Metals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Unison Metals's Inventory Turnover for the three months ended in Sep. 2024 was 0.98.

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. Unison Metals's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.85.


Unison Metals Days Inventory Historical Data

The historical data trend for Unison 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.

Unison Metals Days Inventory Chart

Unison Metals 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 71.66 79.39 75.76 61.09 63.57

Unison Metals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 56.05 70.52 43.78 96.73 93.00

Competitive Comparison of Unison Metals's Days Inventory

For the Steel subindustry, Unison 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.


Unison Metals's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Unison Metals's Days Inventory distribution charts can be found below:

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



Unison Metals Days Inventory Calculation

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

Unison Metals'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
=( (334.234 + 435.707) / 2 ) / 2210.34*365
=384.9705 / 2210.34*365
=63.57

Unison Metals's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 566.815) / 1 ) / 556.156*365 / 4
=566.815 / 556.156*365 / 4
=93.00

* 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.


Unison Metals  (BOM:538610) 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.

Unison Metals's Inventory Turnover for the three months ended in Sep. 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.

Unison Metals's Inventory to Revenue for the three months ended in Sep. 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.


Unison Metals Days Inventory Related Terms

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


Unison Metals Business Description

Traded in Other Exchanges
N/A
Address
Ramol Char Rasta, Plot No. 5015, Phase IV, GIDC Vatva, Ahmedabad, GJ, IND, 382445
Unison Metals Ltd is engaged in the manufacturing of all kinds and forms of steel and Ceramic glaze mixture. The company manufactures hot and cold-rolled stainless steel sheets and stainless steel patta for a range of industrial applications. Its products include Serveware; Storage ware; S.S. Cookware, Ingots, Dinner Sets, Ceramic Glaze, Unilock Airlight, and others. The majority of the revenue is generated from the sale of C.R.Patta. The Company's main business activity is trading and Manufacturing Steel Patta and Ceramics Products.

Unison Metals Headlines

No Headlines