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Shivalik Rasayan (BOM:539148) Days Inventory : 252.12 (As of Mar. 2024)


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What is Shivalik Rasayan Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shivalik Rasayan's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,018 Mil. Shivalik Rasayan's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹369 Mil. Hence, Shivalik Rasayan's Days Inventory for the three months ended in Mar. 2024 was 252.12.

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

BOM:539148' s Days Inventory Range Over the Past 10 Years
Min: 4.54   Med: 56.81   Max: 232.09
Current: 232.09

During the past 10 years, Shivalik Rasayan's highest Days Inventory was 232.09. The lowest was 4.54. And the median was 56.81.

BOM:539148's Days Inventory is ranked worse than
86.52% of 230 companies
in the Agriculture industry
Industry Median: 110.075 vs BOM:539148: 232.09

Shivalik Rasayan's Days Inventory increased from Mar. 2023 (196.39) to Mar. 2024 (252.12). It might indicate that Shivalik Rasayan'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. Shivalik Rasayan's Inventory Turnover for the three months ended in Mar. 2024 was 0.36.

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. Shivalik Rasayan's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.43.


Shivalik Rasayan Days Inventory Historical Data

The historical data trend for Shivalik Rasayan'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.

Shivalik Rasayan Days Inventory Chart

Shivalik Rasayan 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 57.45 42.84 71.94 179.97 230.75

Shivalik Rasayan 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 196.39 213.40 237.53 225.69 252.12

Competitive Comparison of Shivalik Rasayan's Days Inventory

For the Agricultural Inputs subindustry, Shivalik Rasayan'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.


Shivalik Rasayan's Days Inventory Distribution in the Agriculture Industry

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

* The bar in red indicates where Shivalik Rasayan's Days Inventory falls into.



Shivalik Rasayan Days Inventory Calculation

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

Shivalik Rasayan'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
=( (749.889 + 1018.269) / 2 ) / 1398.444*365
=884.079 / 1398.444*365
=230.75

Shivalik Rasayan'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 + 1018.269) / 1 ) / 368.549*365 / 4
=1018.269 / 368.549*365 / 4
=252.12

* 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.


Shivalik Rasayan  (BOM:539148) 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.

Shivalik Rasayan'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.

Shivalik Rasayan'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.


Shivalik Rasayan Days Inventory Related Terms

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


Shivalik Rasayan (BOM:539148) Business Description

Traded in Other Exchanges
Address
1506, Chiranjiv Tower, 43, Nehru Place, New Delhi, IND, 110 019
Shivalik Rasayan Ltd is an Indian manufacturer of Agrochemicals and Active Pharma Ingredients (API). The company's business units cover Pharmaceuticals, Agrochemicals, Intellectual property, and R&D centers. The company derives revenue from the manufacture and export of pharmaceutical products.

Shivalik Rasayan (BOM:539148) Headlines

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