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Umiya Tubes (BOM:539798) Days Inventory : 0.00 (As of Dec. 2023)


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What is Umiya Tubes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Umiya Tubes's Average Total Inventories for the three months ended in Dec. 2023 was ₹30.83 Mil. Umiya Tubes's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.00 Mil.

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

BOM:539798' s Days Inventory Range Over the Past 10 Years
Min: 21.52   Med: 79.25   Max: 366.2
Current: 366.2

During the past 10 years, Umiya Tubes's highest Days Inventory was 366.20. The lowest was 21.52. And the median was 79.25.

BOM:539798's Days Inventory is ranked worse than
96.88% of 576 companies
in the Steel industry
Industry Median: 85.7 vs BOM:539798: 366.20

Umiya Tubes's Days Inventory declined from Dec. 2022 (677.48) to Dec. 2023 (0.00).

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. Umiya Tubes's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.

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.


Umiya Tubes Days Inventory Historical Data

The historical data trend for Umiya Tubes'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.

Umiya Tubes Days Inventory Chart

Umiya Tubes 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 104.03 223.61 79.25 101.80 212.33

Umiya Tubes 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 677.48 116.13 351.50 1,136.74 -

Competitive Comparison of Umiya Tubes's Days Inventory

For the Steel subindustry, Umiya Tubes'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.


Umiya Tubes's Days Inventory Distribution in the Steel Industry

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

* The bar in red indicates where Umiya Tubes's Days Inventory falls into.



Umiya Tubes Days Inventory Calculation

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

Umiya Tubes'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
=( (60.563 + 44.984) / 2 ) / 90.717*365
=52.7735 / 90.717*365
=212.33

Umiya Tubes'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
=( (30.832 + 0) / 1 ) / 0*365 / 4
=30.832 / 0*365 / 4
=N/A

* 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.


Umiya Tubes  (BOM:539798) 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.

Umiya Tubes'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.

Umiya Tubes'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.


Umiya Tubes Days Inventory Related Terms

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


Umiya Tubes (BOM:539798) Business Description

Traded in Other Exchanges
N/A
Address
208, 2nd Floor, Suman Tower, Sector - 11, Gandhinagar, GJ, IND, 382011
Umiya Tubes Ltd is engaged in the manufacturing of stainless steel pipes and tubes. Its production unit is situated at Toraniya village, Sabarkantha district, Gujarat, India. The production unit has a total installation capacity of 3600 MTPA and earlier the company started with a production capacity of 2040 MTPA. The company is currently manufacturing stainless decorative tubes and pipes which range between 9.52 mm to 76.2 mm in diameter and the thickness, on the other hand, ranges from .4 mm to 3.00 mm.

Umiya Tubes (BOM:539798) Headlines

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