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De Nora India (BOM:590031) Days Inventory : 542.66 (As of Sep. 2024)


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What is De Nora India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). De Nora India's Average Total Inventories for the three months ended in Sep. 2024 was ₹301.8 Mil. De Nora India's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹50.8 Mil. Hence, De Nora India's Days Inventory for the three months ended in Sep. 2024 was 542.66.

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

BOM:590031' s Days Inventory Range Over the Past 10 Years
Min: 183.01   Med: 295.54   Max: 395.23
Current: 395.23

During the past 13 years, De Nora India's highest Days Inventory was 395.23. The lowest was 183.01. And the median was 295.54.

BOM:590031's Days Inventory is ranked worse than
94.28% of 2903 companies
in the Industrial Products industry
Industry Median: 121.86 vs BOM:590031: 395.23

De Nora India's Days Inventory declined from Sep. 2023 (919.98) to Sep. 2024 (542.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. De Nora India's Inventory Turnover for the three months ended in Sep. 2024 was 0.17.

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. De Nora India's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.66.


De Nora India Days Inventory Historical Data

The historical data trend for De Nora 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.

De Nora India Days Inventory Chart

De Nora India Annual Data
Trend Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 347.09 295.54 237.30 315.46 344.78

De Nora India Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 919.98 266.86 308.96 803.54 542.66

Competitive Comparison of De Nora India's Days Inventory

For the Electrical Equipment & Parts subindustry, De Nora 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.


De Nora India's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, De Nora India's Days Inventory distribution charts can be found below:

* The bar in red indicates where De Nora India's Days Inventory falls into.



De Nora India Days Inventory Calculation

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

De Nora 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
=( (286.285 + 275.625) / 2 ) / 297.432*365
=280.955 / 297.432*365
=344.78

De Nora India's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 301.81) / 1 ) / 50.75*365 / 4
=301.81 / 50.75*365 / 4
=542.66

* 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.


De Nora India  (BOM:590031) 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.

De Nora India's Inventory Turnover for the three months ended in Sep. 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.

De Nora India's Inventory to Revenue for the three months ended in Sep. 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.


De Nora India Days Inventory Related Terms

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


De Nora India Business Description

Traded in Other Exchanges
Address
Kumdaim Industrial Estate, Plot Nos. 184, 185 & 189, Kundiam, GA, IND, 403115
De Nora India Ltd manufactures and sells electrolytic products in India. It is recognized as a supplier of technologies for the production of chlorine, caustic soda, and derivatives for the chlor-alkali industry as well as the international manufacturer and recoater of noble metal-coated electrodes, electrolyzers, coating solutions for the electrochemical industry in general. The company's operating segment includes Electrode Technologies, which generates the majority of revenue, and Water Technologies. Geographically, it derives a majority of its revenue from India. The company serves various markets, such as agriculture and livestock, chlorine and caustic industry, bleaching chemicals, corrosion prevention, electronics, energy, food industry, marine, and others.

De Nora India Headlines

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