Shurwid Industries (DHA:SHURWID) Days Inventory: 91.82 (As of Mar. 2020)

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DHA:SHURWID Shurwid Industries Ltd DHA:SHURWID
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Price BDT5.90
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What is Shurwid Industries Days Inventory?

Shurwid Industries DHA:SHURWID -1.67% 5 Days Inventory is 91.82 as of Mar. 2020. GuruFocus rates DHA:SHURWID with a GF Score™ of 5/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Shurwid Industries's Average Total Inventories for the three months ended in Mar. 2020 was BDT29.8 Mil. Shurwid Industries's Cost of Goods Sold for the three months ended in Mar. 2020 was BDT29.6 Mil. Hence, Shurwid Industries's Days Inventory for the three months ended in Mar. 2020 was 91.82.

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

DHA:SHURWID's Days Inventory is not ranked *
in the Packaging & Containers industry.
Industry Median: 78.26
* Ranked among companies with meaningful Days Inventory only.

Shurwid Industries's Days Inventory increased from Mar. 2019 (63.51) to Mar. 2020 (91.82). It might indicate that Shurwid Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shurwid Industries's Inventory Turnover for the three months ended in Mar. 2020 was 0.99.

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. Shurwid Industries's Inventory-to-Revenue for the three months ended in Mar. 2020 was 0.71.


Shurwid Industries  (DHA:SHURWID) 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.

Shurwid Industries's Inventory Turnover for the three months ended in Mar. 2020 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.

Shurwid Industries's Inventory to Revenue for the three months ended in Mar. 2020 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.


Shurwid Industries Days Inventory Related Terms


Shurwid Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Shurwid Industries'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.

Shurwid Industries Days Inventory Chart

Shurwid Industries Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19
Days Inventory
0.00 446.39 332.92 142.80 42.45

Shurwid Industries Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 63.51 50.80 46.44 62.64 91.82

DHA:SHURWID vs BLL, AMCR, IP: Days Inventory Comparison

For the Packaging & Containers subindustry, Shurwid Industries'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.


Shurwid Industries Days Inventory vs Packaging & Containers Industry

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

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


DHA:SHURWID
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Shurwid Industries Ltd DHA:SHURWID
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Shurwid Industries Days Inventory Calculation

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

Shurwid Industries's Days Inventory for the fiscal year that ended in Jun. 2019 is calculated as

Days Inventory (A: Jun. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2018 ) + Total Inventories (A: Jun. 2019 )) / count ) / Cost of Goods Sold (A: Jun. 2019 )*Days in Period
=( (12.796 + 13.042) / 2 ) / 111.085*365
=12.919 / 111.085*365
=42.45

Shurwid Industries's Days Inventory for the quarter that ended in Mar. 2020 is calculated as:

Days Inventory (Q: Mar. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2019 ) + Total Inventories (Q: Mar. 2020 )) / count ) / Cost of Goods Sold (Q: Mar. 2020 )*Days in Period
=( (29.558 + 29.964) / 2 ) / 29.576*365 / 4
=29.761 / 29.576*365 / 4
=91.82

* 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 91.82 mean?
Shurwid Industries (DHA:SHURWID) has a Days Inventory of 91.82 as of Mar. 2020. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Shurwid Industries and its competitors.
Is Shurwid Industries' Days Inventory too high?
Shurwid Industries' current Days Inventory is 91.82. The Packaging & Containers industry median Days Inventory is 78.26. Shurwid Industries' value of 91.82 is 17.3% above this industry median. Overall, Shurwid Industries has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Shurwid Industries' Days Inventory compare to BLL and AMCR?
Shurwid Industries' Days Inventory of 91.82 can be compared against companies in the Packaging & Containers industry. The industry median Days Inventory is 78.26. Shurwid Industries' value of 91.82 is 17.3% 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 Packaging & Containers company?
The median Days Inventory among Packaging & Containers companies is 78.26, based on 376 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. Shurwid Industries's current Days Inventory of 91.82 is 17.3% 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 Shurwid Industries and its competitors. For the Packaging & Containers industry, the median Days Inventory is 78.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shurwid Industries's current Days Inventory is 91.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shurwid Industries stock overvalued right now?
Shurwid Industries (DHA:SHURWID) has a current Days Inventory of 91.82. The current Days Inventory is 91.82 and 17.3% above the Packaging & Containers industry median of 78.26. Shurwid Industries' 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 Shurwid Industries (DHA:SHURWID), the current Days Inventory is 91.82 as of Mar. 2020. 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.

Shurwid Industries Business Description

Address H- 2, R-7, L-7, Rupayan Prime, Dhanmondi, Dhaka, BGD, 1205
Shurwid Industries Ltd is engaged in manufacturing of PVC sheet & food grade disposable products. The company's product categories include water cups, lunch boxes, plates, and others.
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