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Southern Petrochemicals Industries (LUX:STHPT) Days Inventory : 131.01 (As of Mar. 2024)


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What is Southern Petrochemicals Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Southern Petrochemicals Industries's Average Total Inventories for the three months ended in Mar. 2024 was $11.5 Mil. Southern Petrochemicals Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was $8.0 Mil. Hence, Southern Petrochemicals Industries's Days Inventory for the three months ended in Mar. 2024 was 131.01.

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

LUX:STHPT' s Days Inventory Range Over the Past 10 Years
Min: 37.92   Med: 49.58   Max: 121.71
Current: 39.23

During the past 13 years, Southern Petrochemicals Industries's highest Days Inventory was 121.71. The lowest was 37.92. And the median was 49.58.

LUX:STHPT's Days Inventory is ranked better than
90.87% of 230 companies
in the Agriculture industry
Industry Median: 110.075 vs LUX:STHPT: 39.23

Southern Petrochemicals Industries's Days Inventory increased from Mar. 2023 (39.36) to Mar. 2024 (131.01). It might indicate that Southern Petrochemicals Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Southern Petrochemicals Industries's Inventory Turnover for the three months ended in Mar. 2024 was 0.70.

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. Southern Petrochemicals Industries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.79.


Southern Petrochemicals Industries Days Inventory Historical Data

The historical data trend for Southern Petrochemicals 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.

Southern Petrochemicals Industries Days Inventory Chart

Southern Petrochemicals Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.23 106.47 124.18 63.36 44.26

Southern Petrochemicals 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 39.36 52.41 19.37 27.32 131.01

Competitive Comparison of Southern Petrochemicals Industries's Days Inventory

For the Agricultural Inputs subindustry, Southern Petrochemicals 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.


Southern Petrochemicals Industries's Days Inventory Distribution in the Agriculture Industry

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

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



Southern Petrochemicals Industries Days Inventory Calculation

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

Southern Petrochemicals Industries's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (26.803 + 11.461) / 2 ) / 157.784*365
=19.132 / 157.784*365
=44.26

Southern Petrochemicals 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
=( (0 + 11.461) / 1 ) / 7.983*365 / 4
=11.461 / 7.983*365 / 4
=131.01

* 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.


Southern Petrochemicals Industries  (LUX:STHPT) 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.

Southern Petrochemicals 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.

Southern Petrochemicals Industries'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.


Southern Petrochemicals Industries Days Inventory Related Terms

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


Southern Petrochemicals Industries (LUX:STHPT) Business Description

Traded in Other Exchanges
Address
Number 88 Mount Road, SPIC House, Guindy, Chennai, TN, IND, 600 032
Southern Petrochemicals Industries Corp Ltd is a fertilizer manufacturing company. It is engaged in the manufacture and sale of Urea. The company produces fertilizers to improve soil consistency and efficiency for the agricultural sector. The business segments of the company are agro-input products concerned with urea operations and other products which include tissue culture and seeds. It offers products like chemical fertilizers, water-soluble fertilizers, organic fertilizers, micronutrients, plant growth regulators, and industrial products. The sale of agro-input products serves as the key revenue source for the company which is generated within India.

Southern Petrochemicals Industries (LUX:STHPT) Headlines

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