Chromatic India (LUX:168089) Days Inventory : 187.57 (As of Sep. 2020)

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What is Chromatic India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chromatic India's Average Total Inventories for the three months ended in Sep. 2020 was $0.15 Mil. Chromatic India's Cost of Goods Sold for the three months ended in Sep. 2020 was $0.07 Mil. Hence, Chromatic India's Days Inventory for the three months ended in Sep. 2020 was 187.57.

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

LUX:168089' s Days Inventory Range Over the Past 10 Years
Min: 3.96 Med: 73.72 Max: 144.97
Current: 144.97

During the past 13 years, Chromatic India's highest Days Inventory was 144.97. The lowest was 3.96. And the median was 73.72.

LUX:168089's Days Inventory is not ranked
in the Chemicals industry.
Industry Median: 81.73 vs LUX:168089: 144.97

Chromatic India's Days Inventory increased from Sep. 2019 (92.78) to Sep. 2020 (187.57). It might indicate that Chromatic India's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Chromatic India's Inventory Turnover for the three months ended in Sep. 2020 was 0.49.

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. Chromatic India's Inventory-to-Revenue for the three months ended in Sep. 2020 was 1.97.

Chromatic India Days Inventory Historical Data

The historical data trend for Chromatic India'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.

Chromatic India Days Inventory Chart

Chromatic India Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Days Inventory

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104.79

78.46

33.05

93.28

107.51

Chromatic India Quarterly Data
	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Days Inventory	Get a 7-Day Free Trial															92.78	82.40	191.29	286.93	187.57

Competitive Comparison of Chromatic India's Days Inventory

For the Specialty Chemicals subindustry, Chromatic India'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.

Chromatic India's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chromatic India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Chromatic India's Days Inventory falls into.

Chromatic India Days Inventory Calculation

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

Chromatic India's Days Inventory for the fiscal year that ended in Mar. 2020 is calculated as

	Days Inventory (A: Mar. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2019 )	+	Total Inventories (A: Mar. 2020 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2020 )	*	Days in Period
=	( (0.236	+	0.283)	/	2 )	/	0.881	*	365
=	0.2595					/	0.881	*	365
=	107.51

Chromatic India's Days Inventory for the quarter that ended in Sep. 2020 is calculated as:

	Days Inventory (Q: Sep. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2020 )	+	Total Inventories (Q: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
=	( (0	+	0.148)	/	1 )	/	0.072	*	365 / 4
=	0.148					/	0.072	*	365 / 4
=	187.57

Chromatic India (LUX:168089) 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.

Chromatic India's Inventory Turnover for the three months ended in Sep. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.072	/	0.148
	=	0.49

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.

Chromatic India's Inventory to Revenue for the three months ended in Sep. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.148	/	0.075
	=	1.97

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.

Chromatic India Days Inventory Related Terms

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

Chromatic India (LUX:168089) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chromatic India Ltd (LUX:168089) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

501, Maker Chamber V, 221, Nariman Point, Mumbai, Maharashtra, IND, 400021

Website

http://www.chromatic.in

Chromatic India Ltd is an Indian based chemical manufacturing company. It is currently in the business of manufacturing, trading, and export of Synthetic Organic dyes and chemicals. It is a manufacturer and supplier of chemical dyes, dye intermediates, and basic chemicals. Its products include dyestuff based on cyanuric chloride, which includes Chromactive Yellow E - XN, ChromactiveRosso E - XN and Chromactive Navy E - XN; double anchor type, which includes ChromazolYellow BF-3RS. Geographically, the company operates through Domestic and the overseas segments.

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