Ratanpur Steel Re-Rolling Mills (DHA:RSRMSTEEL) Days Inventory: 544.82 (As of Jun. 2021)

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DHA:RSRMSTEEL Ratanpur Steel Re-Rolling Mills Ltd DHA:RSRMSTEEL
5 GF Score
Price BDT8.00
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What is Ratanpur Steel Re-Rolling Mills Days Inventory?

Ratanpur Steel Re-Rolling Mills DHA:RSRMSTEEL -2.44% 5 Days Inventory is 544.82 as of Jun. 2021. GuruFocus rates DHA:RSRMSTEEL with a GF Score™ of 5/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Ratanpur Steel Re-Rolling Mills's Average Total Inventories for the three months ended in Jun. 2021 was BDT1,696 Mil. Ratanpur Steel Re-Rolling Mills's Cost of Goods Sold for the three months ended in Jun. 2021 was BDT284 Mil. Hence, Ratanpur Steel Re-Rolling Mills's Days Inventory for the three months ended in Jun. 2021 was 544.82.

The historical rank and industry rank for Ratanpur Steel Re-Rolling Mills's Days Inventory or its related term are showing as below:

DHA:RSRMSTEEL's Days Inventory is not ranked *
in the Steel industry.
Industry Median: 86.355
* Ranked among companies with meaningful Days Inventory only.

Ratanpur Steel Re-Rolling Mills's Days Inventory increased from Jun. 2020 (359.08) to Jun. 2021 (544.82). It might indicate that Ratanpur Steel Re-Rolling Mills's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ratanpur Steel Re-Rolling Mills's Inventory Turnover for the three months ended in Jun. 2021 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. Ratanpur Steel Re-Rolling Mills's Inventory-to-Revenue for the three months ended in Jun. 2021 was 6.92.


Ratanpur Steel Re-Rolling Mills  (DHA:RSRMSTEEL) 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.

Ratanpur Steel Re-Rolling Mills's Inventory Turnover for the three months ended in Jun. 2021 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.

Ratanpur Steel Re-Rolling Mills's Inventory to Revenue for the three months ended in Jun. 2021 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.


Ratanpur Steel Re-Rolling Mills Days Inventory Related Terms


Ratanpur Steel Re-Rolling Mills Days Inventory Historical Data

* Premium members only.

The historical data trend for Ratanpur Steel Re-Rolling Mills'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.

Ratanpur Steel Re-Rolling Mills Days Inventory Chart

Ratanpur Steel Re-Rolling Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Days Inventory
Get a 7-Day Free Trial 102.52 109.30 116.56 225.95 379.17

Ratanpur Steel Re-Rolling Mills Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 359.08 241.43 253.11 4,717.36 544.82

DHA:RSRMSTEEL vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, Ratanpur Steel Re-Rolling Mills'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.


Ratanpur Steel Re-Rolling Mills Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Ratanpur Steel Re-Rolling Mills's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ratanpur Steel Re-Rolling Mills's Days Inventory falls into.


DHA:RSRMSTEEL
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Ratanpur Steel Re-Rolling Mills Ltd DHA:RSRMSTEEL
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Ratanpur Steel Re-Rolling Mills Days Inventory Calculation

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

Ratanpur Steel Re-Rolling Mills's Days Inventory for the fiscal year that ended in Jun. 2021 is calculated as

Days Inventory (A: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2020 ) + Total Inventories (A: Jun. 2021 )) / count ) / Cost of Goods Sold (A: Jun. 2021 )*Days in Period
=( (1846.029 + 1563.266) / 2 ) / 1640.924*365
=1704.6475 / 1640.924*365
=379.17

Ratanpur Steel Re-Rolling Mills's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

Days Inventory (Q: Jun. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (1827.856 + 1563.266) / 2 ) / 283.982*365 / 4
=1695.561 / 283.982*365 / 4
=544.82

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 544.82 mean?
Ratanpur Steel Re-Rolling Mills (DHA:RSRMSTEEL) has a Days Inventory of 544.82 as of Jun. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ratanpur Steel Re-Rolling Mills and its competitors.
Is Ratanpur Steel Re-Rolling Mills' Days Inventory too high?
Ratanpur Steel Re-Rolling Mills' current Days Inventory is 544.82. The Steel industry median Days Inventory is 86.36. Ratanpur Steel Re-Rolling Mills' value of 544.82 is 530.9% above this industry median. Overall, Ratanpur Steel Re-Rolling Mills has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Ratanpur Steel Re-Rolling Mills' Days Inventory compare to NUE and STLD?
Ratanpur Steel Re-Rolling Mills' Days Inventory of 544.82 can be compared against companies in the Steel industry. The industry median Days Inventory is 86.36. Ratanpur Steel Re-Rolling Mills' value of 544.82 is 530.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Steel company?
The median Days Inventory among Steel companies is 86.36, based on 582 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ratanpur Steel Re-Rolling Mills's current Days Inventory of 544.82 is 530.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ratanpur Steel Re-Rolling Mills and its competitors. For the Steel industry, the median Days Inventory is 86.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratanpur Steel Re-Rolling Mills's current Days Inventory is 544.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratanpur Steel Re-Rolling Mills stock overvalued right now?
Ratanpur Steel Re-Rolling Mills (DHA:RSRMSTEEL) has a current Days Inventory of 544.82. The current Days Inventory is 544.82 and 530.9% above the Steel industry median of 86.36. Ratanpur Steel Re-Rolling Mills' overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Ratanpur Steel Re-Rolling Mills (DHA:RSRMSTEEL), the current Days Inventory is 544.82 as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ratanpur Steel Re-Rolling Mills Business Description

Address 116 C.D.A Avenue, Nahar Mansion, Muradpur, Chittagong, BGD
Ratanpur Steel Re-Rolling Mills Ltd is a steel manufacturing company. The principal activities of the company is to manufacture and sales of a deformed bar of various grades. It is also engaged in the recycling of ships, providing shipping services, real estate, and others.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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