Roni Households (BOM:542145) Days Inventory : 204.21 (As of Sep. 2023)

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What is Roni Households Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Roni Households's Average Total Inventories for the six months ended in Sep. 2023 was ₹54.4 Mil. Roni Households's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹48.6 Mil. Hence, Roni Households's Days Inventory for the six months ended in Sep. 2023 was 204.21.

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

BOM:542145' s Days Inventory Range Over the Past 10 Years
Min: 49.3 Med: 120.61 Max: 150.77
Current: 123.68

During the past 6 years, Roni Households's highest Days Inventory was 150.77. The lowest was 49.30. And the median was 120.61.

BOM:542145's Days Inventory is ranked worse than
69.25% of 1782 companies
in the Consumer Packaged Goods industry
Industry Median: 83.685 vs BOM:542145: 123.68

Roni Households's Days Inventory declined from Sep. 2022 (820.25) to Sep. 2023 (204.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. Roni Households's Inventory Turnover for the six months ended in Sep. 2023 was 0.89.

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. Roni Households's Inventory-to-Revenue for the six months ended in Sep. 2023 was 1.03.

Roni Households Days Inventory Historical Data

The historical data trend for Roni Households'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.

Roni Households Days Inventory Chart

Roni Households Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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108.94

134.56

90.80

132.27

150.77

Roni Households Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial						182.57	96.28	820.25	87.93	204.21

Competitive Comparison of Roni Households's Days Inventory

For the Household & Personal Products subindustry, Roni Households'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.

Roni Households's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Roni Households's Days Inventory falls into.

Roni Households Days Inventory Calculation

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

Roni Households'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
=	( (49.807	+	53.366)	/	2 )	/	124.883	*	365
=	51.5865					/	124.883	*	365
=	150.77

Roni Households's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (53.366	+	55.393)	/	2 )	/	48.599	*	365 / 2
=	54.3795					/	48.599	*	365 / 2
=	204.21

Roni Households (BOM:542145) 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.

Roni Households's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	48.599	/	54.3795
	=	0.89

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.

Roni Households's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	54.3795	/	52.979
	=	1.03

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.

Roni Households Days Inventory Related Terms

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

Roni Households (BOM:542145) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Roni Households Ltd (BOM:542145) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ajanta Road, Plot No. F-55, Addl. MIDC Area, Jalgaon, MH, IND, 425003

Website

https://www.ronihouseholds.com

Roni Households Ltd is an India-based company engaged in the trading of plastic granules and plastic household products. The company currently trades in plastic granules and plastic household products which include Tub, Buckets, Office furniture, and Ghamela among others.

Roni Households (BOM:542145) Headlines

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