Durlax Top Surface (NSE:DURLAX) Days Inventory : 226.64 (As of Mar. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Durlax Top Surface Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Durlax Top Surface's Average Total Inventories for the six months ended in Mar. 2023 was ₹343.2 Mil. Durlax Top Surface's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹552.8 Mil. Hence, Durlax Top Surface's Days Inventory for the six months ended in Mar. 2023 was 113.32.

The historical rank and industry rank for Durlax Top Surface's Days Inventory or its related term are showing as below:

NSE:DURLAX's Days Inventory is not ranked ^*
in the Building Materials industry.
Industry Median: 90.28
* Ranked among companies with meaningful Days Inventory only.

Durlax Top Surface's Days Inventory declined from Mar. 2021 (718.66) to Mar. 2023 (226.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. Durlax Top Surface's Inventory Turnover for the six months ended in Mar. 2023 was 1.61.

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. Durlax Top Surface's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.51.

Durlax Top Surface Days Inventory Historical Data

The historical data trend for Durlax Top Surface'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.

Durlax Top Surface Days Inventory Chart

Durlax Top Surface Annual Data

Trend

Mar21

Mar22

Mar23

Days Inventory

718.66

262.52

226.64

Durlax Top Surface Semi-Annual Data
	Mar21	Mar22	Mar23
Days Inventory	718.66	262.52	226.64

Competitive Comparison of Durlax Top Surface's Days Inventory

For the Building Materials subindustry, Durlax Top Surface'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.

Durlax Top Surface's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Durlax Top Surface's Days Inventory distribution charts can be found below:

* The bar in red indicates where Durlax Top Surface's Days Inventory falls into.

Durlax Top Surface Days Inventory Calculation

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

Durlax Top Surface's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (301.654	+	384.821)	/	2 )	/	552.77	*	365
=	343.2375					/	552.77	*	365
=	226.64

Durlax Top Surface's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (301.654	+	384.821)	/	2 )	/	552.77	*	365 / 2
=	343.2375					/	552.77	*	365 / 2
=	113.32

Durlax Top Surface (NSE:DURLAX) 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.

Durlax Top Surface's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	552.77	/	343.2375
	=	1.61

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.

Durlax Top Surface's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	343.2375	/	667.383
	=	0.51

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.

Durlax Top Surface Days Inventory Related Terms

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

Durlax Top Surface Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Durlax Top Surface Ltd (NSE:DURLAX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Off Vishweshwar Nagar Road, Unit No. 1601, 16th Floor, Synergy Business Park, Premises Co-op Society Ltd, Behind Virwani Industrial Estate, Sahakarwadi, Goregaon (E), Mumbai, MH, IND, 400 063

Website

https://www.durlax.com

Durlax Top Surface Ltd is engaged in the business of manufacturing solid surface material in India. The company operates through two brands namely LUXOR and ASPIRON, that provide a wide range of solid surfaces. LUXOR brand offers Acrylic UV Solid Surfaces, while ASPIRON offers Modified Solid Surfaces.

Durlax Top Surface Headlines

No Headlines