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J G Chemicals (NSE:JGCHEM) Days Inventory : 35.65 (As of Dec. 2024)


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What is J G Chemicals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). J G Chemicals's Average Total Inventories for the three months ended in Dec. 2024 was ₹645 Mil. J G Chemicals's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1,652 Mil. Hence, J G Chemicals's Days Inventory for the three months ended in Dec. 2024 was 35.65.

The historical rank and industry rank for J G Chemicals's Days Inventory or its related term are showing as below:

NSE:JGCHEM' s Days Inventory Range Over the Past 10 Years
Min: 37.21   Med: 51.31   Max: 54.79
Current: 37.21

During the past 4 years, J G Chemicals's highest Days Inventory was 54.79. The lowest was 37.21. And the median was 51.31.

NSE:JGCHEM's Days Inventory is ranked better than
82.11% of 654 companies
in the Metals & Mining industry
Industry Median: 86.34 vs NSE:JGCHEM: 37.21

J G Chemicals's Days Inventory declined from Dec. 2023 (53.97) to Dec. 2024 (35.65).

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. J G Chemicals's Inventory Turnover for the three months ended in Dec. 2024 was 2.56.

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. J G Chemicals's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.31.


J G Chemicals Days Inventory Historical Data

The historical data trend for J G Chemicals'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.

J G Chemicals Days Inventory Chart

J G Chemicals Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
50.32 49.92 54.79 52.29

J G Chemicals Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.97 40.66 31.67 34.80 35.65

Competitive Comparison of J G Chemicals's Days Inventory

For the Other Industrial Metals & Mining subindustry, J G Chemicals'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.


J G Chemicals's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, J G Chemicals's Days Inventory distribution charts can be found below:

* The bar in red indicates where J G Chemicals's Days Inventory falls into.



J G Chemicals Days Inventory Calculation

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

J G Chemicals'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
=( (1038.45 + 556.55) / 2 ) / 5566.5*365
=797.5 / 5566.5*365
=52.29

J G Chemicals'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
=( (645.35 + 0) / 1 ) / 1651.76*365 / 4
=645.35 / 1651.76*365 / 4
=35.65

* 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.


J G Chemicals  (NSE:JGCHEM) 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.

J G Chemicals's Inventory Turnover for the three months ended in Dec. 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.

J G Chemicals's Inventory to Revenue for the three months ended in Dec. 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.


J G Chemicals Days Inventory Related Terms

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


J G Chemicals Business Description

Traded in Other Exchanges
Address
Street No. 18, Adventz Infinity 5, Unit 1510 & 1511, 15th Floor, Plot 5 Block - BN, Salt Lake Electronics Complex, Sector - V, CK Market, North 24 Parganas, Saltlake, Bidhan Nagar, WB, IND, 700091
J G Chemicals Ltd is a zinc oxide manufacturer company. It sells over 80 grades of zinc oxide and has products that cater to industrial applications, including rubber (tyre & other rubber products), ceramics, paints & coatings, pharmaceuticals & cosmetics, electronics & batteries, agro-chemicals & fertilizers, speciality chemicals, lubricants, oil & gas, and animal feed. Geographically the company generates revenue from India and foreign countries, with India being the dominant source of revenue.

J G Chemicals Headlines

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