Bhageria Industries (NSE:BHAGERIA) Days Inventory : 44.40 (As of Dec. 2024)

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What is Bhageria Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bhageria Industries's Average Total Inventories for the three months ended in Dec. 2024 was ₹476 Mil. Bhageria Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹979 Mil. Hence, Bhageria Industries's Days Inventory for the three months ended in Dec. 2024 was 44.40.

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

NSE:BHAGERIA' s Days Inventory Range Over the Past 10 Years
Min: 23.46 Med: 43.25 Max: 61.37
Current: 42.16

During the past 13 years, Bhageria Industries's highest Days Inventory was 61.37. The lowest was 23.46. And the median was 43.25.

NSE:BHAGERIA's Days Inventory is ranked better than
82.47% of 1506 companies
in the Chemicals industry
Industry Median: 77.51 vs NSE:BHAGERIA: 42.16

Bhageria Industries's Days Inventory declined from Dec. 2023 (53.16) to Dec. 2024 (44.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bhageria Industries's Inventory Turnover for the three months ended in Dec. 2024 was 2.06.

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. Bhageria Industries's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.28.

Bhageria Industries Days Inventory Historical Data

The historical data trend for Bhageria 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.

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Bhageria Industries Days Inventory Chart

Bhageria Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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41.76

61.37

49.84

54.96

46.45

Bhageria Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															53.16	29.38	57.29	57.90	44.40

Competitive Comparison of Bhageria Industries's Days Inventory

For the Specialty Chemicals subindustry, Bhageria 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.

Bhageria Industries's Days Inventory Distribution in the Chemicals Industry

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

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

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Bhageria Industries Days Inventory Calculation

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

Bhageria 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
=	( (430.947	+	437.648)	/	2 )	/	3412.371	*	365
=	434.2975					/	3412.371	*	365
=	46.45

Bhageria Industries's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (476.345	+	0)	/	1 )	/	979.085	*	365 / 4
=	476.345					/	979.085	*	365 / 4
=	44.40

Bhageria Industries (NSE:BHAGERIA) 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.

Bhageria Industries's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	979.085	/	476.345
	=	2.06

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	476.345	/	1703.533
	=	0.28

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.

Bhageria Industries Days Inventory Related Terms

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

Bhageria Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bhageria Industries Ltd (NSE:BHAGERIA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

530803:India

Address

Off S.V. Road, Office No. 1002, 10th Floor, Topiwala Centre, Near Goregaon Railway Station, Goregaon (West), Mumbai, MH, IND, 400062

Website

https://www.bhageriagroup.com

Bhageria Industries Ltd is engaged in the manufacturing and trading of Dyes and Dyes Intermediate, generation and distribution of solar power, and also functions as an Engineering, Procurement and Construction (EPC) contractor. The company's primary business segments include Chemical, Solar Power, and Others. A majority of its revenue is generated from the Chemicals segment which is engaged in the business of dyes, dyes intermediates, and basic chemicals. Geographically, the company derives its key revenue within India and also exports its products to other countries like Korea, Japan, Taiwan, China, Germany, Indonesia, Thailand, and others.

Bhageria Industries Headlines

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