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Raw Edge Industrial Solutions (BOM:541634) Days Inventory : 182.30 (As of Mar. 2024)


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What is Raw Edge Industrial Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Raw Edge Industrial Solutions's Average Total Inventories for the three months ended in Mar. 2024 was ₹138.3 Mil. Raw Edge Industrial Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹69.2 Mil. Hence, Raw Edge Industrial Solutions's Days Inventory for the three months ended in Mar. 2024 was 182.30.

The historical rank and industry rank for Raw Edge Industrial Solutions's Days Inventory or its related term are showing as below:

BOM:541634' s Days Inventory Range Over the Past 10 Years
Min: 1.58   Med: 15.35   Max: 198.04
Current: 194.02

During the past 12 years, Raw Edge Industrial Solutions's highest Days Inventory was 198.04. The lowest was 1.58. And the median was 15.35.

BOM:541634's Days Inventory is ranked worse than
80.38% of 372 companies
in the Building Materials industry
Industry Median: 83.96 vs BOM:541634: 194.02

Raw Edge Industrial Solutions's Days Inventory declined from Mar. 2023 (196.82) to Mar. 2024 (182.30).

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. Raw Edge Industrial Solutions's Inventory Turnover for the three months ended in Mar. 2024 was 0.50.

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. Raw Edge Industrial Solutions's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.05.


Raw Edge Industrial Solutions Days Inventory Historical Data

The historical data trend for Raw Edge Industrial Solutions'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.

Raw Edge Industrial Solutions Days Inventory Chart

Raw Edge Industrial Solutions 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 26.03 48.24 52.04 109.09 198.04

Raw Edge Industrial Solutions Quarterly Data
Sep18 Mar19 Sep19 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 196.82 191.75 177.18 224.10 182.30

Competitive Comparison of Raw Edge Industrial Solutions's Days Inventory

For the Building Materials subindustry, Raw Edge Industrial Solutions'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.


Raw Edge Industrial Solutions's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Raw Edge Industrial Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Raw Edge Industrial Solutions's Days Inventory falls into.



Raw Edge Industrial Solutions Days Inventory Calculation

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

Raw Edge Industrial Solutions'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
=( (131.118 + 138.294) / 2 ) / 248.272*365
=134.706 / 248.272*365
=198.04

Raw Edge Industrial Solutions'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 + 138.294) / 1 ) / 69.222*365 / 4
=138.294 / 69.222*365 / 4
=182.30

* 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.


Raw Edge Industrial Solutions  (BOM:541634) 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.

Raw Edge Industrial Solutions'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.

Raw Edge Industrial Solutions'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.


Raw Edge Industrial Solutions Days Inventory Related Terms

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


Raw Edge Industrial Solutions (BOM:541634) Business Description

Traded in Other Exchanges
N/A
Address
02, Navkruti Apartment, Behind B.R. Designs, Near Lal Bunglow, Athwa Lines, Surat, GJ, IND, 395007
Raw Edge Industrial Solutions Ltd is a manufacturer and supplier of minerals. Its product offerings include a quality range of Calcined Lime, Dolomitic Lime, Hydrated Lime, AAC Lime, Calcined Magnesite, Clinker, Quartz, Gypsum, and Imported Coal.

Raw Edge Industrial Solutions (BOM:541634) Headlines

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