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International Industries (KAR:INIL) Days Inventory : 125.14 (As of Mar. 2024)


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What is International Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). International Industries's Average Total Inventories for the three months ended in Mar. 2024 was ₨30,900 Mil. International Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨22,532 Mil. Hence, International Industries's Days Inventory for the three months ended in Mar. 2024 was 125.14.

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

KAR:INIL' s Days Inventory Range Over the Past 10 Years
Min: 111.66   Med: 135.73   Max: 171.69
Current: 129.01

During the past 13 years, International Industries's highest Days Inventory was 171.69. The lowest was 111.66. And the median was 135.73.

KAR:INIL's Days Inventory is ranked worse than
72.38% of 572 companies
in the Steel industry
Industry Median: 88.66 vs KAR:INIL: 129.01

International Industries's Days Inventory increased from Mar. 2023 (110.46) to Mar. 2024 (125.14). It might indicate that International Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. International Industries's Inventory Turnover for the three months ended in Mar. 2024 was 0.73.

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. International Industries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.22.


International Industries Days Inventory Historical Data

The historical data trend for International 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.

* Premium members only.

International Industries Days Inventory Chart

International Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.09 155.27 124.72 134.29 171.69

International Industries 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 110.46 159.57 121.11 118.21 125.14

Competitive Comparison of International Industries's Days Inventory

For the Steel subindustry, International 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.


International Industries's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, International Industries's Days Inventory distribution charts can be found below:

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



International Industries Days Inventory Calculation

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

International Industries'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
=( (46869.867 + 33779.245) / 2 ) / 85727.414*365
=40324.556 / 85727.414*365
=171.69

International Industries'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
=( (30641.639 + 31159.109) / 2 ) / 22532.233*365 / 4
=30900.374 / 22532.233*365 / 4
=125.14

* 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.


International Industries  (KAR:INIL) 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.

International Industries'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.

International Industries's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=30900.374 / 25233.627
=1.22

* 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.


International Industries Days Inventory Related Terms

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


International Industries (KAR:INIL) Business Description

Traded in Other Exchanges
N/A
Address
10 Beaumont Road, 101, Beaumont Plaza, Karachi, SD, PAK, 75530
International Industries Ltd is a Pakistan-based company engaged in manufacturing and marketing steel pipes and tubes. It operates through three segments namely Steel, Polymer, and Investment. The company generates maximum revenue from the Steel segment. Geographically, it derives a majority of its revenue from Pakistan and also has a presence in Asia, Europe, Australia, Africa, and the Americas. The company's product includes Galvanized Iron Pipe (GI Pipe); IIL MS Sch 40; Cold Rolled Steel Tubing; Scaffolding Pipe (Safescaf); Megaflo 100 (HDPE Water Pipe); Flexflo 80/100 (MDPE Gas Pipe); Cosmo (SS 304); FORZA (SS 409) and others. Its product is used in Hotels; Shopping malls; Kitchen and restaurant equipment; Educational institutions; Resorts and farmhouses; Swimming pools; etc.

International Industries (KAR:INIL) Headlines

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