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G M Polyplast (BOM:543239) Days Inventory : 48.65 (As of Mar. 2024)


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What is G M Polyplast Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). G M Polyplast's Average Total Inventories for the six months ended in Mar. 2024 was ₹101.1 Mil. G M Polyplast's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹379.2 Mil. Hence, G M Polyplast's Days Inventory for the six months ended in Mar. 2024 was 48.65.

The historical rank and industry rank for G M Polyplast's Days Inventory or its related term are showing as below:

BOM:543239' s Days Inventory Range Over the Past 10 Years
Min: 26.59   Med: 32.69   Max: 53.19
Current: 53.19

During the past 7 years, G M Polyplast's highest Days Inventory was 53.19. The lowest was 26.59. And the median was 32.69.

BOM:543239's Days Inventory is ranked better than
74.65% of 1491 companies
in the Chemicals industry
Industry Median: 81.77 vs BOM:543239: 53.19

G M Polyplast's Days Inventory declined from Mar. 2023 (67.49) to Mar. 2024 (48.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. G M Polyplast's Inventory Turnover for the six months ended in Mar. 2024 was 3.75.

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. G M Polyplast's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.21.


G M Polyplast Days Inventory Historical Data

The historical data trend for G M Polyplast'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.

G M Polyplast Days Inventory Chart

G M Polyplast Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 27.33 32.69 34.97 50.57 51.13

G M Polyplast Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 34.54 53.52 67.49 61.01 48.65

Competitive Comparison of G M Polyplast's Days Inventory

For the Specialty Chemicals subindustry, G M Polyplast'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.


G M Polyplast's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, G M Polyplast's Days Inventory distribution charts can be found below:

* The bar in red indicates where G M Polyplast's Days Inventory falls into.



G M Polyplast Days Inventory Calculation

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

G M Polyplast'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
=( (100.111 + 93.597) / 2 ) / 691.407*365
=96.854 / 691.407*365
=51.13

G M Polyplast'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (108.584 + 93.597) / 2 ) / 379.246*365 / 2
=101.0905 / 379.246*365 / 2
=48.65

* 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.


G M Polyplast  (BOM:543239) 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.

G M Polyplast's Inventory Turnover for the six 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.

G M Polyplast's Inventory to Revenue for the six 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.


G M Polyplast Days Inventory Related Terms

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


G M Polyplast (BOM:543239) Business Description

Traded in Other Exchanges
N/A
Address
Kondiviti Road, Near Camlin, A/66, New Empire Industial Estate, JB Nagar andheri (East), Mumbai, MH, IND, 400059
G M Polyplast Ltd is a manufacturer of HIPS, ABS, PET, PP, HDPE Sheets, and Granules. The company's products include Sheet - ABS sheets, HIPS sheets, PET sheets, HDPE sheets, PP sheets, and ESD materials and Granule - PP granule, ABS granule, HIPS granule, & HDPE granules.

G M Polyplast (BOM:543239) Headlines

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