Romcarbon (BSE:ROCE) Days Inventory : 119.37 (As of Sep. 2023)

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What is Romcarbon Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Romcarbon's Average Total Inventories for the three months ended in Sep. 2023 was lei57.5 Mil. Romcarbon's Cost of Goods Sold for the three months ended in Sep. 2023 was lei44.0 Mil. Hence, Romcarbon's Days Inventory for the three months ended in Sep. 2023 was 119.37.

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

BSE:ROCE' s Days Inventory Range Over the Past 10 Years
Min: 62.55 Med: 82.94 Max: 108.59
Current: 108.59

During the past 13 years, Romcarbon's highest Days Inventory was 108.59. The lowest was 62.55. And the median was 82.94.

BSE:ROCE's Days Inventory is ranked worse than
70.84% of 367 companies
in the Packaging & Containers industry
Industry Median: 78.45 vs BSE:ROCE: 108.59

Romcarbon's Days Inventory increased from Sep. 2022 (92.51) to Sep. 2023 (119.37). It might indicate that Romcarbon's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Romcarbon's Inventory Turnover for the three months ended in Sep. 2023 was 0.76.

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. Romcarbon's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.81.

Romcarbon Days Inventory Historical Data

The historical data trend for Romcarbon'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.

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Romcarbon Days Inventory Chart

Romcarbon Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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83.03

101.07

102.41

73.88

86.82

Romcarbon Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															92.51	98.95	97.32	126.20	119.37

Competitive Comparison of Romcarbon's Days Inventory

For the Packaging & Containers subindustry, Romcarbon'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.

Romcarbon's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Romcarbon's Days Inventory distribution charts can be found below:

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

Romcarbon Days Inventory Calculation

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

Romcarbon's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (54.21	+	65.79)	/	2 )	/	252.236	*	365
=	60					/	252.236	*	365
=	86.82

Romcarbon's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (57.183	+	57.883)	/	2 )	/	43.981	*	365 / 4
=	57.533					/	43.981	*	365 / 4
=	119.37

Romcarbon (BSE:ROCE) 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.

Romcarbon's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	43.981	/	57.533
	=	0.76

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.

Romcarbon's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	57.533	/	71.108
	=	0.81

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.

Romcarbon Days Inventory Related Terms

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

Romcarbon (BSE:ROCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Romcarbon SA (BSE:ROCE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 132, Strada Transilvaniei, Buzau, ROU, 120012

Website

https://www.romcarbon.com

Romcarbon SA is engaged in the plastic processing in Romania. It is engaged in manufacturing of plastic articles which include plastic plates, foils, tubes and profiles. Its product portfolio includes polypropylene (PP) bags and bands; polyethylene agriculture foil, heat shrinkable film and bags; polystyrene trays and plates, and polyvinyl chloride (PVC) pipes, fittings, electro insulating tubes, foil, and packages, among others. Geographically the company distributes its products nationally and abroad.

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