Days Inventory is also known as Days Sales of Inventory (DSI). Star Cement's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹3,350 Mil. Star Cement's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹347 Mil.
Hence, Star Cement's Days Inventory for the
three
months ended in Mar. 2024 was 880.74.
The historical rank and industry rank for Star Cement's Days Inventory or its related term are showing as below:
BOM:540575'
s Days Inventory Range Over the Past 10 Years
Min: 135.61 Med: 233.52 Max: 304.39
Current: 273.15
During the past 9 years, Star Cement's highest Days Inventory was 304.39. The lowest was 135.61. And the median was 233.52.
BOM:540575's Days Inventory is ranked worse than 87.9% of 372
companies
in the Building Materials industry
Industry Median: 83.96
vs BOM:540575: 273.15
Star Cement's Days Inventory
increased
from Mar. 2023 (0.00) to Mar. 2024 (880.74).
It might indicate that Star Cement'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.
Star Cement's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.10.
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.
Star Cement's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.37.
Star Cement Days Inventory Historical Data
The historical data trend for Star Cement'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.
Competitive Comparison of Star Cement's Days Inventory
For the Building Materials subindustry, Star Cement'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.
Star Cement's Days Inventory Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Star Cement's Days Inventory distribution charts can be found below:
* The bar in red indicates where Star Cement's Days Inventory falls into.
Star Cement Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Star Cement's Days Inventory for the fiscal year that 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.
Star Cement (BOM:540575) 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.
Star Cement'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.
Star Cement'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.
Star Cement Days Inventory Related Terms
Thank you for viewing the detailed overview of Star Cement's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Star Cement Ltd is a cement company in India. It offers Cement and Cement linker products. The group markets clinker to different grinding units in North East India and parts of Eastern India. It also exports clinker to neighbouring countries like Nepal and Bhutan. The company's product range comprises Ordinary portland cement, Portland pozzolana cement, and Portland slag cement. The company sells its products in India, Nepal and Bhutan, of which prime revenue is generated from the sales made in India.
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