GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Sharda Cropchem Ltd (BOM:538666) » Definitions » Days Inventory

Sharda Cropchem (BOM:538666) Days Inventory : 105.43 (As of Mar. 2024)


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

What is Sharda Cropchem Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sharda Cropchem's Average Total Inventories for the three months ended in Mar. 2024 was ₹9,916 Mil. Sharda Cropchem's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹8,583 Mil. Hence, Sharda Cropchem's Days Inventory for the three months ended in Mar. 2024 was 105.43.

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

BOM:538666' s Days Inventory Range Over the Past 10 Years
Min: 56.63   Med: 102.41   Max: 165.64
Current: 162.98

During the past 11 years, Sharda Cropchem's highest Days Inventory was 165.64. The lowest was 56.63. And the median was 102.41.

BOM:538666's Days Inventory is ranked worse than
69.57% of 230 companies
in the Agriculture industry
Industry Median: 110.075 vs BOM:538666: 162.98

Sharda Cropchem's Days Inventory increased from Mar. 2023 (102.09) to Mar. 2024 (105.43). It might indicate that Sharda Cropchem'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. Sharda Cropchem's Inventory Turnover for the three months ended in Mar. 2024 was 0.87.

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. Sharda Cropchem's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.76.


Sharda Cropchem Days Inventory Historical Data

The historical data trend for Sharda Cropchem'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.

Sharda Cropchem Days Inventory Chart

Sharda Cropchem 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 98.20 101.27 103.55 129.32 165.64

Sharda Cropchem 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 102.09 177.84 212.14 197.77 105.43

Competitive Comparison of Sharda Cropchem's Days Inventory

For the Agricultural Inputs subindustry, Sharda Cropchem'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.


Sharda Cropchem's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sharda Cropchem's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sharda Cropchem's Days Inventory falls into.



Sharda Cropchem Days Inventory Calculation

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

Sharda Cropchem'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
=( (11343.386 + 9916.422) / 2 ) / 23423.861*365
=10629.904 / 23423.861*365
=165.64

Sharda Cropchem'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
=( (0 + 9916.422) / 1 ) / 8582.538*365 / 4
=9916.422 / 8582.538*365 / 4
=105.43

* 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.


Sharda Cropchem  (BOM:538666) 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.

Sharda Cropchem'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.

Sharda Cropchem'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.


Sharda Cropchem Days Inventory Related Terms

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


Sharda Cropchem (BOM:538666) Business Description

Traded in Other Exchanges
Address
Dashrathlal Joshi Road, 2nd Floor, Prime Business Park, Vile Parle (West), Mumbai, MH, IND, 400 056
Sharda Cropchem Ltd is an agrochemical company based in India. It markets and sells formulations and active ingredients for agricultural purposes world wide through its subsidiaries. its business is obtained from the European continent. Its customers are also spread across North America, Latin America, and the Rest of the world. The company functions through two segments, which are Agrochemicals, and Non Agrochemicals. The company earns its income through the development and sale of agrochemicals such as insecticides, herbicides, fungicides, and biocides. The company also sells conveyor belts and V-belts under the belts segment.

Sharda Cropchem (BOM:538666) Headlines

No Headlines