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Simbhaoli Sugars (BOM:539742) Days Inventory : 37.78 (As of Dec. 2023)


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What is Simbhaoli Sugars Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Simbhaoli Sugars's Average Total Inventories for the three months ended in Dec. 2023 was ₹994 Mil. Simbhaoli Sugars's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,400 Mil. Hence, Simbhaoli Sugars's Days Inventory for the three months ended in Dec. 2023 was 37.78.

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

BOM:539742' s Days Inventory Range Over the Past 10 Years
Min: 81.77   Med: 177.33   Max: 248.04
Current: 81.77

During the past 13 years, Simbhaoli Sugars's highest Days Inventory was 248.04. The lowest was 81.77. And the median was 177.33.

BOM:539742's Days Inventory is ranked better than
50.36% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs BOM:539742: 81.77

Simbhaoli Sugars's Days Inventory declined from Dec. 2022 (52.85) to Dec. 2023 (37.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. Simbhaoli Sugars's Inventory Turnover for the three months ended in Dec. 2023 was 2.42.

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. Simbhaoli Sugars's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.33.


Simbhaoli Sugars Days Inventory Historical Data

The historical data trend for Simbhaoli Sugars'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.

Simbhaoli Sugars Days Inventory Chart

Simbhaoli Sugars Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 177.34 221.71 173.86 177.32 159.52

Simbhaoli Sugars 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 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 52.85 130.05 178.39 36.30 37.78

Competitive Comparison of Simbhaoli Sugars's Days Inventory

For the Confectioners subindustry, Simbhaoli Sugars'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.


Simbhaoli Sugars's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Simbhaoli Sugars's Days Inventory distribution charts can be found below:

* The bar in red indicates where Simbhaoli Sugars's Days Inventory falls into.



Simbhaoli Sugars Days Inventory Calculation

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

Simbhaoli Sugars'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
=( (4665.849 + 4525.466) / 2 ) / 10515.49*365
=4595.6575 / 10515.49*365
=159.52

Simbhaoli Sugars'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
=( (993.637 + 0) / 1 ) / 2399.805*365 / 4
=993.637 / 2399.805*365 / 4
=37.78

* 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.


Simbhaoli Sugars  (BOM:539742) 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.

Simbhaoli Sugars's Inventory Turnover for the three months ended in Dec. 2023 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.

Simbhaoli Sugars's Inventory to Revenue for the three months ended in Dec. 2023 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.


Simbhaoli Sugars Days Inventory Related Terms

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


Simbhaoli Sugars (BOM:539742) Business Description

Traded in Other Exchanges
Address
A-112, Sector 63, Noida, UP, IND, 201307
Simbhaoli Sugars Ltd is a technology-driven company engaged in the business of manufacturing refined sugar, specialty sugars, extra neutral alcohol, ethanol, sanitizer, and bio-manure. It is also engaged in the generation of power. The company operates through two segments, namely, Sugar and Alcohol, with the majority of the revenue being generated from the Sugar segment. Its product portfolio includes a variety of sugar such as Sulphurless Sugar, Superfine Suger, Icing Sugar, White Sugar Cubes, Classic Mishri, Classic Sugar Sachet, Brown Mineral Sugar, Coffee Sugar, Jaggery, Jaggery Powder, etc.

Simbhaoli Sugars (BOM:539742) Headlines

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