Norben Tea & Exports (NSE:NORBTEAEXP) Days Inventory : 1,219.85 (As of Dec. 2024)

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What is Norben Tea & Exports Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Norben Tea & Exports's Average Total Inventories for the three months ended in Dec. 2024 was ₹17.61 Mil. Norben Tea & Exports's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1.32 Mil. Hence, Norben Tea & Exports's Days Inventory for the three months ended in Dec. 2024 was 1,219.85.

The historical rank and industry rank for Norben Tea & Exports's Days Inventory or its related term are showing as below:

NSE:NORBTEAEXP' s Days Inventory Range Over the Past 10 Years
Min: 283.83 Med: 430.51 Max: 8657.89
Current: 1421.42

During the past 13 years, Norben Tea & Exports's highest Days Inventory was 8657.89. The lowest was 283.83. And the median was 430.51.

NSE:NORBTEAEXP's Days Inventory is ranked worse than
99.17% of 1818 companies
in the Consumer Packaged Goods industry
Industry Median: 82.085 vs NSE:NORBTEAEXP: 1421.42

Norben Tea & Exports's Days Inventory increased from Dec. 2023 (591.42) to Dec. 2024 (1,219.85). It might indicate that Norben Tea & Exports'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. Norben Tea & Exports's Inventory Turnover for the three months ended in Dec. 2024 was 0.07.

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. Norben Tea & Exports's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.87.

Norben Tea & Exports Days Inventory Historical Data

The historical data trend for Norben Tea & Exports'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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Norben Tea & Exports Days Inventory Chart

Norben Tea & Exports Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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1,589.76

8,657.89

1,094.06

430.51

Norben Tea & Exports Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															591.42	73.16	-	-	1,219.85

Competitive Comparison of Norben Tea & Exports's Days Inventory

For the Farm Products subindustry, Norben Tea & Exports'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.

Norben Tea & Exports's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Norben Tea & Exports's Days Inventory distribution charts can be found below:

* The bar in red indicates where Norben Tea & Exports's Days Inventory falls into.

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Norben Tea & Exports Days Inventory Calculation

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

Norben Tea & Exports'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
=	( (12.691	+	8.759)	/	2 )	/	9.093	*	365
=	10.725					/	9.093	*	365
=	430.51

Norben Tea & Exports'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
=	( (17.606	+	0)	/	1 )	/	1.317	*	365 / 4
=	17.606					/	1.317	*	365 / 4
=	1,219.85

Norben Tea & Exports (NSE:NORBTEAEXP) 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.

Norben Tea & Exports's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.317	/	17.606
	=	0.07

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.

Norben Tea & Exports's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.606	/	20.158
	=	0.87

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.

Norben Tea & Exports Days Inventory Related Terms

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Norben Tea & Exports Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Norben Tea & Exports Ltd (NSE:NORBTEAEXP) » Definitions » Days Inventory

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519528:India

Address

15B, Hemanta Basu Sarani, 3rd Floor, Octavious Centre, Kolkata, WB, IND, 700 001

Website

https://www.norbentea.com

Norben Tea & Exports Ltd is an India-based tea producing company. It is mainly engaged in the business of growing, manufacturing and marketing of tea.

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