S Alam Cold Rolled Steels (DHA:SALAMCRST) Days Inventory: 594.85 (As of Mar. 2024)

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DHA:SALAMCRST S Alam Cold Rolled Steels Ltd DHA:SALAMCRST
10 GF Score
Price BDT12.70
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What is S Alam Cold Rolled Steels Days Inventory?

S Alam Cold Rolled Steels DHA:SALAMCRST -2.31% 10 Days Inventory is 594.85 as of Mar. 2024. GuruFocus rates DHA:SALAMCRST with a GF Score™ of 10/100.

Days Inventory is also known as Days Sales of Inventory (DSI). S Alam Cold Rolled Steels's Average Total Inventories for the three months ended in Mar. 2024 was BDT9,387 Mil. S Alam Cold Rolled Steels's Cost of Goods Sold for the three months ended in Mar. 2024 was BDT1,440 Mil. Hence, S Alam Cold Rolled Steels's Days Inventory for the three months ended in Mar. 2024 was 594.85.

The historical rank and industry rank for S Alam Cold Rolled Steels's Days Inventory or its related term are showing as below:

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

S Alam Cold Rolled Steels's Days Inventory increased from Mar. 2023 (454.59) to Mar. 2024 (594.85). It might indicate that S Alam Cold Rolled Steels's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. S Alam Cold Rolled Steels's Inventory Turnover for the three months ended in Mar. 2024 was 0.15.

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. S Alam Cold Rolled Steels's Inventory-to-Revenue for the three months ended in Mar. 2024 was 6.14.


S Alam Cold Rolled Steels  (DHA:SALAMCRST) 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.

S Alam Cold Rolled Steels'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.

S Alam Cold Rolled Steels'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.


S Alam Cold Rolled Steels Days Inventory Related Terms


S Alam Cold Rolled Steels Days Inventory Historical Data

* Premium members only.

The historical data trend for S Alam Cold Rolled Steels'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.

S Alam Cold Rolled Steels Days Inventory Chart

S Alam Cold Rolled Steels Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 444.49 670.02 602.74 662.78 543.63

S Alam Cold Rolled Steels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 454.59 794.02 859.77 822.24 594.85

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

For the Steel subindustry, S Alam Cold Rolled Steels'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.


S Alam Cold Rolled Steels Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, S Alam Cold Rolled Steels's Days Inventory distribution charts can be found below:

* The bar in red indicates where S Alam Cold Rolled Steels's Days Inventory falls into.


DHA:SALAMCRST
10GF Score
S Alam Cold Rolled Steels Ltd DHA:SALAMCRST
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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S Alam Cold Rolled Steels Days Inventory Calculation

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

S Alam Cold Rolled Steels's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (6634.694 + 8214.843) / 2 ) / 4985.044*365
=7424.7685 / 4985.044*365
=543.63

S Alam Cold Rolled Steels'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
=( (8815.081 + 9959.898) / 2 ) / 1440.052*365 / 4
=9387.4895 / 1440.052*365 / 4
=594.85

* 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 594.85 mean?
S Alam Cold Rolled Steels (DHA:SALAMCRST) has a Days Inventory of 594.85 as of Mar. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on S Alam Cold Rolled Steels and its competitors.
Is S Alam Cold Rolled Steels' Days Inventory too high?
S Alam Cold Rolled Steels' current Days Inventory is 594.85. The Steel industry median Days Inventory is 86.36. S Alam Cold Rolled Steels' value of 594.85 is 588.8% above this industry median. Overall, S Alam Cold Rolled Steels has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does S Alam Cold Rolled Steels' Days Inventory compare to NUE and STLD?
S Alam Cold Rolled Steels' Days Inventory of 594.85 can be compared against companies in the Steel industry. The industry median Days Inventory is 86.36. S Alam Cold Rolled Steels' value of 594.85 is 588.8% 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. S Alam Cold Rolled Steels's current Days Inventory of 594.85 is 588.8% 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 S Alam Cold Rolled Steels 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. S Alam Cold Rolled Steels's current Days Inventory is 594.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S Alam Cold Rolled Steels stock overvalued right now?
S Alam Cold Rolled Steels (DHA:SALAMCRST) has a current Days Inventory of 594.85. The current Days Inventory is 594.85 and 588.8% above the Steel industry median of 86.36. S Alam Cold Rolled Steels' overall GF Score™ is 10/100. 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 S Alam Cold Rolled Steels (DHA:SALAMCRST), the current Days Inventory is 594.85 as of Mar. 2024. 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.

S Alam Cold Rolled Steels Business Description

Address S. Alam Bhaban, Asadgonj, Chattogram, BGD, 2119
S Alam Cold Rolled Steels Ltd is a steel manufacturing company. Its business activities include manufacturing and marketing cold rolled steel strips and galvanized steel sheets. The company has two business segments - the Cold Rolled Strips segment, which includes purchasing hot roll and manufacturing and distribution of cold-rolled strips; and the Non-Oxide Furnace segment which comprises purchasing cold-rolled strips and manufacturing and distribution of galvanized steel sheets.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT12.70
Price