Lead Reclaim and Rubber Products (NSE:LRRPL) Days Inventory: 105.48 (As of Mar. 2024)


NSE:LRRPL Lead Reclaim and Rubber Products Ltd NSE:LRRPL
14 GF Score
Price ₹91.00
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What is Lead Reclaim and Rubber Products Days Inventory?

Lead Reclaim and Rubber Products NSE:LRRPL 14 Days Inventory is 105.48 as of Mar. 2024. GuruFocus rates NSE:LRRPL with a GF Score™ of 14/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Lead Reclaim and Rubber Products's Average Total Inventories for the six months ended in Mar. 2024 was ₹40.4 Mil. Lead Reclaim and Rubber Products's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹69.9 Mil. Hence, Lead Reclaim and Rubber Products's Days Inventory for the six months ended in Mar. 2024 was 105.48.

The historical rank and industry rank for Lead Reclaim and Rubber Products's Days Inventory or its related term are showing as below:

NSE:LRRPL's Days Inventory is not ranked *
in the Chemicals industry.
Industry Median: 80.63
* Ranked among companies with meaningful Days Inventory only.

Lead Reclaim and Rubber Products's Days Inventory declined from Mar. 2023 (190.71) to Mar. 2024 (105.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lead Reclaim and Rubber Products's Inventory Turnover for the six months ended in Mar. 2024 was 1.73.

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. Lead Reclaim and Rubber Products's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.46.

Lead Reclaim and Rubber Products  (NSE:LRRPL) 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.

Lead Reclaim and Rubber Products's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=69.9 / 40.4
=1.73

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.

Lead Reclaim and Rubber Products's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=40.4 / 87.6
=0.46

* 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.

Lead Reclaim and Rubber Products Days Inventory Related Terms

Lead Reclaim and Rubber Products Days Inventory Historical Data

* Premium members only.

The historical data trend for Lead Reclaim and Rubber Products'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.

Lead Reclaim and Rubber Products Days Inventory Chart

Lead Reclaim and Rubber Products Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
117.93 87.73 80.80 171.53 143.90

Lead Reclaim and Rubber Products Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Days Inventory Get a 7-Day Free Trial 0.00 154.03 190.71 214.47 105.48

NSE:LRRPL vs LIN, SHW, ECL: Days Inventory Comparison

For the Specialty Chemicals subindustry, Lead Reclaim and Rubber Products'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.

Lead Reclaim and Rubber Products Days Inventory vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lead Reclaim and Rubber Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lead Reclaim and Rubber Products's Days Inventory falls into.


NSE:LRRPL
14GF Score
Lead Reclaim and Rubber Products Ltd NSE:LRRPL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Lead Reclaim and Rubber Products Days Inventory Calculation

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

Lead Reclaim and Rubber Products'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
=( (33.3 + 45) / 2 ) / 99.3*365
=39.15 / 99.3*365
=143.90

Lead Reclaim and Rubber Products's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (35.8 + 45) / 2 ) / 69.9*365 / 2
=40.4 / 69.9*365 / 2
=105.48

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 105.48 mean?
Lead Reclaim and Rubber Products (NSE:LRRPL) has a Days Inventory of 105.48 as of Mar. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Lead Reclaim and Rubber Products and its competitors.
Is Lead Reclaim and Rubber Products' Days Inventory too high?
Lead Reclaim and Rubber Products' current Days Inventory is 105.48. The Chemicals industry median Days Inventory is 80.63. Lead Reclaim and Rubber Products' value of 105.48 is 30.8% above this industry median. Overall, Lead Reclaim and Rubber Products has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Lead Reclaim and Rubber Products' Days Inventory compare to LIN and SHW?
Lead Reclaim and Rubber Products' Days Inventory of 105.48 can be compared against companies in the Chemicals industry. The industry median Days Inventory is 80.63. Lead Reclaim and Rubber Products' value of 105.48 is 30.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Chemicals company?
The median Days Inventory among Chemicals companies is 80.63, based on 1,539 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lead Reclaim and Rubber Products's current Days Inventory of 105.48 is 30.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Lead Reclaim and Rubber Products and its competitors. For the Chemicals industry, the median Days Inventory is 80.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lead Reclaim and Rubber Products's current Days Inventory is 105.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lead Reclaim and Rubber Products stock overvalued right now?
Lead Reclaim and Rubber Products (NSE:LRRPL) has a current Days Inventory of 105.48. The current Days Inventory is 105.48 and 30.8% above the Chemicals industry median of 80.63. Lead Reclaim and Rubber Products' overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Lead Reclaim and Rubber Products (NSE:LRRPL), the current Days Inventory is 105.48 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lead Reclaim and Rubber Products Business Description

Address 856/4 Village Pethai Sarali Road, Kheda, GJ, IND, 387630
Lead Reclaim and Rubber Products Ltd manufactures premium-quality reclaimed rubber, crumb rubber, and rubber granules. Some of its products include Whole Tyre Reclaim Rubbers, Butyl Tube Reclaim Rubber, and Natural Tube Reclaim Rubber.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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