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Premier Polyfilm (NSE:PREMIERPOL) Days Inventory : 41.40 (As of Mar. 2024)


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What is Premier Polyfilm Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Premier Polyfilm's Average Total Inventories for the three months ended in Mar. 2024 was ₹202 Mil. Premier Polyfilm's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹446 Mil. Hence, Premier Polyfilm's Days Inventory for the three months ended in Mar. 2024 was 41.40.

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

NSE:PREMIERPOL' s Days Inventory Range Over the Past 10 Years
Min: 52.98   Med: 62.07   Max: 84.2
Current: 55.96

During the past 13 years, Premier Polyfilm's highest Days Inventory was 84.20. The lowest was 52.98. And the median was 62.07.

NSE:PREMIERPOL's Days Inventory is ranked better than
71.85% of 1492 companies
in the Chemicals industry
Industry Median: 82.18 vs NSE:PREMIERPOL: 55.96

Premier Polyfilm's Days Inventory declined from Mar. 2023 (62.50) to Mar. 2024 (41.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Premier Polyfilm's Inventory Turnover for the three months ended in Mar. 2024 was 2.20.

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. Premier Polyfilm's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.26.


Premier Polyfilm Days Inventory Historical Data

The historical data trend for Premier Polyfilm'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.

Premier Polyfilm Days Inventory Chart

Premier Polyfilm 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 66.31 59.31 53.86 63.93 52.98

Premier Polyfilm Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 62.50 64.75 58.86 66.29 41.40

Competitive Comparison of Premier Polyfilm's Days Inventory

For the Specialty Chemicals subindustry, Premier Polyfilm'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.


Premier Polyfilm's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Premier Polyfilm's Days Inventory falls into.



Premier Polyfilm Days Inventory Calculation

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

Premier Polyfilm'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
=( (292.2 + 202.4) / 2 ) / 1703.7*365
=247.3 / 1703.7*365
=52.98

Premier Polyfilm'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 202.4) / 1 ) / 446.1*365 / 4
=202.4 / 446.1*365 / 4
=41.40

* 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.


Premier Polyfilm  (NSE:PREMIERPOL) 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.

Premier Polyfilm's Inventory Turnover for the three months ended in Mar. 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.

Premier Polyfilm's Inventory to Revenue for the three months ended in Mar. 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.


Premier Polyfilm Days Inventory Related Terms

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


Premier Polyfilm (NSE:PREMIERPOL) Business Description

Traded in Other Exchanges
Address
Sahibabad Industrial Area, 40/1A, Site IV, Sahibabad, Ghaziabad, UP, IND, 201010
Premier Polyfilm Ltd is engaged in the manufacturing and export of calendared PVC products. Its operating segment is manufacturing and sale of PVC films and sheets, and thus generates entire revenue from it. The products of the company include PVC flooring, PVC sheeting, PVC flexible film, calendared leather cloth, humidity barrier, PVC Geomembrane, printed and technical flooring, high voltage insulated mats, and others. It serves various sectors such as agriculture, automobiles, building and construction, electrical and electronics, food and pharmaceuticals, sports and leisure, and others.

Premier Polyfilm (NSE:PREMIERPOL) Headlines

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