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Tatva Chintan Pharma Chem (BOM:543321) Days Inventory : 336.08 (As of Mar. 2024)


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What is Tatva Chintan Pharma Chem Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tatva Chintan Pharma Chem's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,528 Mil. Tatva Chintan Pharma Chem's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹415 Mil. Hence, Tatva Chintan Pharma Chem's Days Inventory for the three months ended in Mar. 2024 was 336.08.

The historical rank and industry rank for Tatva Chintan Pharma Chem's Days Inventory or its related term are showing as below:

BOM:543321' s Days Inventory Range Over the Past 10 Years
Min: 111.7   Med: 184.44   Max: 330.32
Current: 320.2

During the past 6 years, Tatva Chintan Pharma Chem's highest Days Inventory was 330.32. The lowest was 111.70. And the median was 184.44.

BOM:543321's Days Inventory is ranked worse than
96.11% of 1492 companies
in the Chemicals industry
Industry Median: 82.18 vs BOM:543321: 320.20

Tatva Chintan Pharma Chem's Days Inventory increased from Mar. 2023 (197.68) to Mar. 2024 (336.08). It might indicate that Tatva Chintan Pharma Chem's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tatva Chintan Pharma Chem's Inventory Turnover for the three months ended in Mar. 2024 was 0.27.

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. Tatva Chintan Pharma Chem's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.55.


Tatva Chintan Pharma Chem Days Inventory Historical Data

The historical data trend for Tatva Chintan Pharma Chem'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.

Tatva Chintan Pharma Chem Days Inventory Chart

Tatva Chintan Pharma Chem Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 130.70 156.24 212.64 268.35 330.32

Tatva Chintan Pharma Chem Quarterly Data
Mar19 Mar20 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 197.68 255.44 350.07 349.80 336.08

Competitive Comparison of Tatva Chintan Pharma Chem's Days Inventory

For the Specialty Chemicals subindustry, Tatva Chintan Pharma Chem'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.


Tatva Chintan Pharma Chem's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tatva Chintan Pharma Chem's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tatva Chintan Pharma Chem's Days Inventory falls into.



Tatva Chintan Pharma Chem Days Inventory Calculation

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

Tatva Chintan Pharma Chem'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
=( (1624.98 + 1527.66) / 2 ) / 1741.82*365
=1576.32 / 1741.82*365
=330.32

Tatva Chintan Pharma Chem'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 + 1527.66) / 1 ) / 414.78*365 / 4
=1527.66 / 414.78*365 / 4
=336.08

* 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.


Tatva Chintan Pharma Chem  (BOM:543321) 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.

Tatva Chintan Pharma Chem'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.

Tatva Chintan Pharma Chem'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.


Tatva Chintan Pharma Chem Days Inventory Related Terms

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


Tatva Chintan Pharma Chem (BOM:543321) Business Description

Traded in Other Exchanges
Address
Plot No. 353, Makarpura GIDC, Vadodara, GJ, IND, 390010
Tatva Chintan Pharma Chem Ltd is a specialty chemicals manufacturing company engaged in the manufacturing and selling of specialty chemicals, Pharma and Agro intermediates, Quaternary Compounds, and Quats. The company's product portfolio includes structure-directing agents, phase transfer catalysts, electrolyte salts for supercapacitor batteries, pharmaceutical and agrochemical intermediates and other specialty chemicals. The company sells its products in domestic as well as overseas markets, with the majority of revenue coming from overseas markets.

Tatva Chintan Pharma Chem (BOM:543321) Headlines

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