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Baba Food Processing (India) (NSE:BABAFP) Days Inventory : 45.61 (As of Sep. 2024)


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What is Baba Food Processing (India) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Baba Food Processing (India)'s Average Total Inventories for the six months ended in Sep. 2024 was ₹185 Mil. Baba Food Processing (India)'s Cost of Goods Sold for the six months ended in Sep. 2024 was ₹741 Mil. Hence, Baba Food Processing (India)'s Days Inventory for the six months ended in Sep. 2024 was 45.61.

The historical rank and industry rank for Baba Food Processing (India)'s Days Inventory or its related term are showing as below:

NSE:BABAFP' s Days Inventory Range Over the Past 10 Years
Min: 20.02   Med: 44.62   Max: 48.43
Current: 41.6

During the past 4 years, Baba Food Processing (India)'s highest Days Inventory was 48.43. The lowest was 20.02. And the median was 44.62.

NSE:BABAFP's Days Inventory is ranked better than
80.01% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 81.87 vs NSE:BABAFP: 41.60

Baba Food Processing (India)'s Days Inventory declined from Sep. 2023 (62.47) to Sep. 2024 (45.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. Baba Food Processing (India)'s Inventory Turnover for the six months ended in Sep. 2024 was 4.00.

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. Baba Food Processing (India)'s Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.22.

Baba Food Processing (India) Days Inventory Historical Data

The historical data trend for Baba Food Processing (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.

Baba Food Processing (India) Days Inventory Chart

Baba Food Processing (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
20.02 48.43 45.54 43.69

Baba Food Processing (India) Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Days Inventory Get a 7-Day Free Trial - - 62.47 28.51 45.61

Competitive Comparison of Baba Food Processing (India)'s Days Inventory

For the Packaged Foods subindustry, Baba Food Processing (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.

Baba Food Processing (India)'s Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Baba Food Processing (India)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Baba Food Processing (India)'s Days Inventory falls into.


Baba Food Processing (India) Days Inventory Calculation

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

Baba Food Processing (India)'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
=( (244.725 + 138.054) / 2 ) / 1598.839*365
=191.3895 / 1598.839*365
=43.69

Baba Food Processing (India)'s Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (138.054 + 232.401) / 2 ) / 741.197*365 / 2
=185.2275 / 741.197*365 / 2
=45.61

* 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.

Baba Food Processing (India)  (NSE:BABAFP) 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.

Baba Food Processing (India)'s Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=741.197 / 185.2275
=4.00

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.

Baba Food Processing (India)'s Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=185.2275 / 844.487
=0.22

* 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.

Baba Food Processing (India) Days Inventory Related Terms

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Baba Food Processing (India) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Baba Food Processing (India) Ltd (NSE:BABAFP) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
Ratu Road, 6th Floor, Home Decor Building, Opposite Durga Mandir, Ranchi, JH, IND, 834001
Website
https://www.babafood.in
Baba Food Processing (India) Ltd is engaged in the business of manufacturing high fibre Whole Wheat Atta (Wheat Flour), Refined Flour (Maida), Tandoori Atta, and Semolina flour (Sooji). It also commercializes the by-product and waste material, i.e., wheat bran and other waste materials generated during its manufacturing process as cattle feed and fish feed, which makes its manufacturing unit a zero waste and zero discharge manufacturing unit.

Baba Food Processing (India) Headlines

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