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Rafhan Maize Product Co (KAR:RMPL) Days Inventory : 148.64 (As of Jun. 2024)


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What is Rafhan Maize Product Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rafhan Maize Product Co's Average Total Inventories for the three months ended in Jun. 2024 was ₨20,921 Mil. Rafhan Maize Product Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ₨12,844 Mil. Hence, Rafhan Maize Product Co's Days Inventory for the three months ended in Jun. 2024 was 148.64.

The historical rank and industry rank for Rafhan Maize Product Co's Days Inventory or its related term are showing as below:

KAR:RMPL' s Days Inventory Range Over the Past 10 Years
Min: 60.87   Med: 82.19   Max: 158.1
Current: 158.1

During the past 13 years, Rafhan Maize Product Co's highest Days Inventory was 158.10. The lowest was 60.87. And the median was 82.19.

KAR:RMPL's Days Inventory is ranked worse than
79.86% of 1827 companies
in the Consumer Packaged Goods industry
Industry Median: 83.55 vs KAR:RMPL: 158.10

Rafhan Maize Product Co's Days Inventory increased from Jun. 2023 (141.62) to Jun. 2024 (148.64). It might indicate that Rafhan Maize Product Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rafhan Maize Product Co's Inventory Turnover for the three months ended in Jun. 2024 was 0.61.

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. Rafhan Maize Product Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 1.29.


Rafhan Maize Product Co Days Inventory Historical Data

The historical data trend for Rafhan Maize Product Co'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.

Rafhan Maize Product Co Days Inventory Chart

Rafhan Maize Product Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.87 68.87 88.59 110.33 157.01

Rafhan Maize Product Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 141.62 170.03 175.16 158.05 148.64

Competitive Comparison of Rafhan Maize Product Co's Days Inventory

For the Farm Products subindustry, Rafhan Maize Product Co'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.


Rafhan Maize Product Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rafhan Maize Product Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rafhan Maize Product Co's Days Inventory falls into.



Rafhan Maize Product Co Days Inventory Calculation

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

Rafhan Maize Product Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (17943.751 + 26342.698) / 2 ) / 51475.296*365
=22143.2245 / 51475.296*365
=157.01

Rafhan Maize Product Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (21769.857 + 20072.141) / 2 ) / 12843.764*365 / 4
=20920.999 / 12843.764*365 / 4
=148.64

* 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.


Rafhan Maize Product Co  (KAR:RMPL) 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.

Rafhan Maize Product Co's Inventory Turnover for the three months ended in Jun. 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.

Rafhan Maize Product Co's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=20920.999 / 16177.002
=1.29

* 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.


Rafhan Maize Product Co Days Inventory Related Terms

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


Rafhan Maize Product Co Business Description

Traded in Other Exchanges
N/A
Address
Rakh Canal, East Road, P.O. Box 62, Faisalabad, PB, PAK, 38060
Rafhan Maize Product Co Ltd is involved in the business of using maize as the basic raw material to manufacture and sell industrial products. The firm's major products are Industrial Starches, Liquid Glucose, Dextrose, Dextrin, and Gluten Meals. It supplies its products to textiles, pharmaceuticals, paper, food, baking, confectionery, and other industries. The company sells its products in Pakistan and also exports them to other countries, of which key revenue is derived within Pakistan.

Rafhan Maize Product Co Headlines

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