Infinium Pharmachem (NSE:INFINIUM) Days Inventory : 72.36 (As of Sep. 2023)

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What is Infinium Pharmachem Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Infinium Pharmachem's Average Total Inventories for the six months ended in Sep. 2023 was ₹177.3 Mil. Infinium Pharmachem's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹447.1 Mil. Hence, Infinium Pharmachem's Days Inventory for the six months ended in Sep. 2023 was 72.36.

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

NSE:INFINIUM' s Days Inventory Range Over the Past 10 Years
Min: 54.18 Med: 61.23 Max: 144.72
Current: 144.72

During the past 3 years, Infinium Pharmachem's highest Days Inventory was 144.72. The lowest was 54.18. And the median was 61.23.

NSE:INFINIUM's Days Inventory is ranked worse than
78.42% of 1492 companies
in the Chemicals industry
Industry Median: 83.1 vs NSE:INFINIUM: 144.72

Infinium Pharmachem's Days Inventory increased from Mar. 2022 (0.00) to Sep. 2023 (72.36). It might indicate that Infinium Pharmachem'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. Infinium Pharmachem's Inventory Turnover for the six months ended in Sep. 2023 was 2.52.

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. Infinium Pharmachem's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.29.

Infinium Pharmachem Days Inventory Historical Data

The historical data trend for Infinium Pharmachem'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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Infinium Pharmachem Days Inventory Chart

Infinium Pharmachem Annual Data

Trend

Mar20

Mar21

Mar22

Days Inventory

83.58

54.18

61.23

Infinium Pharmachem Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Sep23
Days Inventory	-	-	-	48.77	72.36

Competitive Comparison of Infinium Pharmachem's Days Inventory

For the Chemicals subindustry, Infinium Pharmachem'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.

Infinium Pharmachem's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Infinium Pharmachem's Days Inventory falls into.

Infinium Pharmachem Days Inventory Calculation

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

Infinium Pharmachem's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

	Days Inventory (A: Mar. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (93.841	+	163.612)	/	2 )	/	767.368	*	365
=	128.7265					/	767.368	*	365
=	61.23

Infinium Pharmachem's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (162.632	+	191.918)	/	2 )	/	447.122	*	365 / 2
=	177.275					/	447.122	*	365 / 2
=	72.36

Infinium Pharmachem (NSE:INFINIUM) 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.

Infinium Pharmachem's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	447.122	/	177.275
	=	2.52

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.

Infinium Pharmachem's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	177.275	/	614.819
	=	0.29

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.

Infinium Pharmachem Days Inventory Related Terms

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

Infinium Pharmachem (NSE:INFINIUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Infinium Pharmachem Ltd (NSE:INFINIUM) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

V.U. Nagar GIDC Road, Near Sardar Patel Statue, Suite 205, Sigma Prime, 2nd Floor, District Anand, Vallabh Vidhyanagar, GJ, IND, 388120

Website

https://infiniumpharmachem.com

Infinium Pharmachem Ltd is engaged in the business of manufacturing and supplying Iodine, Iodine Derivatives, and Active Pharmaceutical Ingredients (APIs). It provides fully integrated customized services from R & D to Commercial scale manufacturing and packaging for its products to the Pharmaceutical, Agrochemical, Nutraceutical, Speciality Chemicals and various other chemicals Industries.

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