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Sumitomo Chemical India (BOM:542920) Days Inventory : 141.83 (As of Mar. 2024)


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What is Sumitomo Chemical India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sumitomo Chemical India's Average Total Inventories for the three months ended in Mar. 2024 was ₹6,104 Mil. Sumitomo Chemical India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,927 Mil. Hence, Sumitomo Chemical India's Days Inventory for the three months ended in Mar. 2024 was 141.83.

The historical rank and industry rank for Sumitomo Chemical India's Days Inventory or its related term are showing as below:

BOM:542920' s Days Inventory Range Over the Past 10 Years
Min: 129.65   Med: 154.13   Max: 196.46
Current: 196.46

During the past 9 years, Sumitomo Chemical India's highest Days Inventory was 196.46. The lowest was 129.65. And the median was 154.13.

BOM:542920's Days Inventory is ranked worse than
78.26% of 230 companies
in the Agriculture industry
Industry Median: 110.075 vs BOM:542920: 196.46

Sumitomo Chemical India's Days Inventory declined from Dec. 2022 (153.21) to Mar. 2024 (141.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sumitomo Chemical India's Inventory Turnover for the three months ended in Mar. 2024 was 0.64.

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. Sumitomo Chemical India's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.91.


Sumitomo Chemical India Days Inventory Historical Data

The historical data trend for Sumitomo Chemical India'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.

Sumitomo Chemical India Days Inventory Chart

Sumitomo Chemical India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 143.14 146.77 160.54 146.80 154.13

Sumitomo Chemical India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 153.21 181.25 118.81 156.96 141.83

Competitive Comparison of Sumitomo Chemical India's Days Inventory

For the Agricultural Inputs subindustry, Sumitomo Chemical India'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.


Sumitomo Chemical India's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sumitomo Chemical India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sumitomo Chemical India's Days Inventory falls into.



Sumitomo Chemical India Days Inventory Calculation

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

Sumitomo Chemical India'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
=( (8886.97 + 6104.12) / 2 ) / 17750.77*365
=7495.545 / 17750.77*365
=154.13

Sumitomo Chemical India'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 + 6104.12) / 1 ) / 3927.29*365 / 4
=6104.12 / 3927.29*365 / 4
=141.83

* 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.


Sumitomo Chemical India  (BOM:542920) 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.

Sumitomo Chemical India'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.

Sumitomo Chemical India'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.


Sumitomo Chemical India Days Inventory Related Terms

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


Sumitomo Chemical India (BOM:542920) Business Description

Traded in Other Exchanges
Address
13 and 14, Aradhana Industrial Development Corporation, Near Virwani Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400 063
Sumitomo Chemical India Ltd is engaged in manufacturing and sales of household insecticides, agricultural pesticides, crop protection, grain fumigation, rodent control, bio pesticides, public health insecticides, environmental health, professional pest control and feed additives and animal nutrition products. Its segments include Agro Chemicals and Others. The company generates maximum revenue from the Agro Chemicals segment.

Sumitomo Chemical India (BOM:542920) Headlines

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