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Paradeep Phosphates (BOM:543530) Days Inventory : 97.02 (As of Jun. 2024)


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What is Paradeep Phosphates Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Paradeep Phosphates's Average Total Inventories for the three months ended in Jun. 2024 was ₹18,308 Mil. Paradeep Phosphates's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹17,219 Mil. Hence, Paradeep Phosphates's Days Inventory for the three months ended in Jun. 2024 was 97.02.

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

BOM:543530' s Days Inventory Range Over the Past 10 Years
Min: 76.64   Med: 91.93   Max: 161.98
Current: 87.44

During the past 6 years, Paradeep Phosphates's highest Days Inventory was 161.98. The lowest was 76.64. And the median was 91.93.

BOM:543530's Days Inventory is ranked better than
60.59% of 236 companies
in the Agriculture industry
Industry Median: 115.58 vs BOM:543530: 87.44

Paradeep Phosphates's Days Inventory increased from Jun. 2023 (79.41) to Jun. 2024 (97.02). It might indicate that Paradeep Phosphates's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Paradeep Phosphates's Inventory Turnover for the three months ended in Jun. 2024 was 0.94.

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. Paradeep Phosphates's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.77.


Paradeep Phosphates Days Inventory Historical Data

The historical data trend for Paradeep Phosphates'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.

Paradeep Phosphates Days Inventory Chart

Paradeep Phosphates Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 150.82 91.11 92.75 76.64 80.80

Paradeep Phosphates Quarterly Data
Mar19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 79.41 60.45 93.91 90.76 97.02

Competitive Comparison of Paradeep Phosphates's Days Inventory

For the Agricultural Inputs subindustry, Paradeep Phosphates'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.


Paradeep Phosphates's Days Inventory Distribution in the Agriculture Industry

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

* The bar in red indicates where Paradeep Phosphates's Days Inventory falls into.



Paradeep Phosphates Days Inventory Calculation

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

Paradeep Phosphates'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
=( (22376.772 + 18308.295) / 2 ) / 91894.774*365
=20342.5335 / 91894.774*365
=80.80

Paradeep Phosphates's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (18308.295 + 0) / 1 ) / 17219.2*365 / 4
=18308.295 / 17219.2*365 / 4
=97.02

* 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.


Paradeep Phosphates  (BOM:543530) 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.

Paradeep Phosphates's Inventory Turnover for the three months ended in Jun. 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.

Paradeep Phosphates's Inventory to Revenue for the three months ended in Jun. 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.


Paradeep Phosphates Days Inventory Related Terms

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


Paradeep Phosphates Business Description

Traded in Other Exchanges
Address
Off Cubbon Road, 3rd Floor, Adventz Centre 28 Union Street, Bengaluru, KA, IND, 560 001
Paradeep Phosphates Ltd is engaged in the manufacturing of Di-Ammonium Phosphate, Complex Fertilizers of NPK grades, and Zypmite. The company is also involved in the trading of fertilizers, ammonia, neutralized phospo gypsum, micronutrients, and other materials.

Paradeep Phosphates Headlines

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