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Shri Venkatesh Refineries (BOM:543373) Days Inventory : 110.79 (As of Mar. 2024)


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What is Shri Venkatesh Refineries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shri Venkatesh Refineries's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,927 Mil. Shri Venkatesh Refineries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,587 Mil. Hence, Shri Venkatesh Refineries's Days Inventory for the three months ended in Mar. 2024 was 110.79.

The historical rank and industry rank for Shri Venkatesh Refineries's Days Inventory or its related term are showing as below:

BOM:543373' s Days Inventory Range Over the Past 10 Years
Min: 35.16   Med: 53.05   Max: 113.75
Current: 113.75

During the past 6 years, Shri Venkatesh Refineries's highest Days Inventory was 113.75. The lowest was 35.16. And the median was 53.05.

BOM:543373's Days Inventory is ranked worse than
66.29% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 83.69 vs BOM:543373: 113.75

Shri Venkatesh Refineries's Days Inventory increased from Mar. 2023 (77.34) to Mar. 2024 (110.79). It might indicate that Shri Venkatesh Refineries's sales slowed down.

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. Shri Venkatesh Refineries's Inventory Turnover for the three months ended in Mar. 2024 was 0.82.

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. Shri Venkatesh Refineries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.18.


Shri Venkatesh Refineries Days Inventory Historical Data

The historical data trend for Shri Venkatesh Refineries'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.

Shri Venkatesh Refineries Days Inventory Chart

Shri Venkatesh Refineries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 40.87 52.16 53.94 73.26 105.02

Shri Venkatesh Refineries Quarterly Data
Mar19 Mar20 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 77.34 87.51 119.58 155.27 110.79

Competitive Comparison of Shri Venkatesh Refineries's Days Inventory

For the Packaged Foods subindustry, Shri Venkatesh Refineries'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.


Shri Venkatesh Refineries's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Shri Venkatesh Refineries's Days Inventory falls into.



Shri Venkatesh Refineries Days Inventory Calculation

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

Shri Venkatesh Refineries'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
=( (1297.516 + 1811.236) / 2 ) / 5402.034*365
=1554.376 / 5402.034*365
=105.02

Shri Venkatesh Refineries'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
=( (2042.586 + 1811.236) / 2 ) / 1587.032*365 / 4
=1926.911 / 1587.032*365 / 4
=110.79

* 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.


Shri Venkatesh Refineries  (BOM:543373) 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.

Shri Venkatesh Refineries'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.

Shri Venkatesh Refineries'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.


Shri Venkatesh Refineries Days Inventory Related Terms

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


Shri Venkatesh Refineries (BOM:543373) Business Description

Traded in Other Exchanges
N/A
Address
Gat No.16, Umarde Village, At Post Erandol, Jalgaon, MH, IND, 425109
Shri Venkatesh Refineries Ltd is an edible oil refining company in Maharashtra under the brand name, Rich Soya. It primarily undertakes the refining and preservation of Edible oils. It is further engaged in the trading activities of soyabean oil, palm oil, cotton seed oil, and sunflower oil. Its reportable business segment is the Manufacturing and Trading of Refined Oil and Raw Oil.

Shri Venkatesh Refineries (BOM:543373) Headlines

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