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Nahar Poly Films (NSE:NAHARPOLY) Days Inventory : 33.10 (As of Jun. 2024)


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What is Nahar Poly Films Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nahar Poly Films's Average Total Inventories for the three months ended in Jun. 2024 was ₹443 Mil. Nahar Poly Films's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹1,222 Mil. Hence, Nahar Poly Films's Days Inventory for the three months ended in Jun. 2024 was 33.10.

The historical rank and industry rank for Nahar Poly Films's Days Inventory or its related term are showing as below:

NSE:NAHARPOLY' s Days Inventory Range Over the Past 10 Years
Min: 16.29   Med: 29.4   Max: 46.74
Current: 35.57

During the past 13 years, Nahar Poly Films's highest Days Inventory was 46.74. The lowest was 16.29. And the median was 29.40.

NSE:NAHARPOLY's Days Inventory is ranked better than
91.15% of 373 companies
in the Packaging & Containers industry
Industry Median: 76.79 vs NSE:NAHARPOLY: 35.57

Nahar Poly Films's Days Inventory declined from Jun. 2023 (37.14) to Jun. 2024 (33.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nahar Poly Films's Inventory Turnover for the three months ended in Jun. 2024 was 2.76.

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. Nahar Poly Films's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.26.


Nahar Poly Films Days Inventory Historical Data

The historical data trend for Nahar Poly Films'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.

Nahar Poly Films Days Inventory Chart

Nahar Poly Films Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.04 35.24 46.74 36.30 34.75

Nahar Poly Films Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.14 49.13 37.22 26.13 33.10

Competitive Comparison of Nahar Poly Films's Days Inventory

For the Packaging & Containers subindustry, Nahar Poly Films'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.


Nahar Poly Films's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Nahar Poly Films's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nahar Poly Films's Days Inventory falls into.



Nahar Poly Films Days Inventory Calculation

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

Nahar Poly Films'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
=( (497.517 + 443.183) / 2 ) / 4940.492*365
=470.35 / 4940.492*365
=34.75

Nahar Poly Films's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (443.183 + 0) / 1 ) / 1221.778*365 / 4
=443.183 / 1221.778*365 / 4
=33.10

* 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.


Nahar Poly Films  (NSE:NAHARPOLY) 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.

Nahar Poly Films's Inventory Turnover for the three months ended in Jun. 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.

Nahar Poly Films's Inventory to Revenue for the three months ended in Jun. 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.


Nahar Poly Films Days Inventory Related Terms

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


Nahar Poly Films Business Description

Traded in Other Exchanges
Address
376, Industrial Area - A, Nahar Tower, Ludhiana, PB, IND, 141003
Nahar Poly Films Ltd manufactures bi-axially oriented polypropylene films used in flexible packaging. It sells the products in India and also exports them to other countries. Is into the business of manufacturing and selling BOPP films. Its products include Textiles, Yarns, Woven Fabrics and garments, Knitwear and garments, PolyFilms, and Sugar and other Products.

Nahar Poly Films Headlines

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