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Purv Flexipack (NSE:PURVFLEXI) Days Inventory : 41.73 (As of Sep. 2024)


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What is Purv Flexipack Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Purv Flexipack's Average Total Inventories for the six months ended in Sep. 2024 was ₹354 Mil. Purv Flexipack's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹1,550 Mil. Hence, Purv Flexipack's Days Inventory for the six months ended in Sep. 2024 was 41.73.

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

NSE:PURVFLEXI' s Days Inventory Range Over the Past 10 Years
Min: 43   Med: 53.7   Max: 73.85
Current: 50.14

During the past 4 years, Purv Flexipack's highest Days Inventory was 73.85. The lowest was 43.00. And the median was 53.70.

NSE:PURVFLEXI's Days Inventory is ranked better than
79.21% of 380 companies
in the Packaging & Containers industry
Industry Median: 76.19 vs NSE:PURVFLEXI: 50.14

Purv Flexipack's Days Inventory declined from Sep. 2023 (62.33) to Sep. 2024 (41.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Purv Flexipack's Inventory Turnover for the six months ended in Sep. 2024 was 4.37.

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. Purv Flexipack's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.20.


Purv Flexipack Days Inventory Historical Data

The historical data trend for Purv Flexipack'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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Purv Flexipack Days Inventory Chart

Purv Flexipack Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
73.85 49.71 43.00 57.68

Purv Flexipack Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Days Inventory Get a 7-Day Free Trial - - 62.33 58.75 41.73

Competitive Comparison of Purv Flexipack's Days Inventory

For the Packaging & Containers subindustry, Purv Flexipack'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.


Purv Flexipack's Days Inventory Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Purv Flexipack's Days Inventory falls into.


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Purv Flexipack Days Inventory Calculation

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

Purv Flexipack'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
=( (391.425 + 333.47) / 2 ) / 2293.474*365
=362.4475 / 2293.474*365
=57.68

Purv Flexipack's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (333.47 + 375.211) / 2 ) / 1549.582*365 / 2
=354.3405 / 1549.582*365 / 2
=41.73

* 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.


Purv Flexipack  (NSE:PURVFLEXI) 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.

Purv Flexipack's Inventory Turnover for the six months ended in Sep. 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.

Purv Flexipack's Inventory to Revenue for the six months ended in Sep. 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.


Purv Flexipack Days Inventory Related Terms

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


Purv Flexipack Business Description

Traded in Other Exchanges
N/A
Address
23 Sarat Bose Road, Annapurna Apartment, Suit 1C, 1st Floor, Kolkata, WB, IND, 700020
Purv Flexipack Ltd is a company mainly engaged in the distribution of various plastic-based products such as Biaxially Oriented Polypropylene (BOPP) film, Polyester Films, Cast Polypropylene (CPP) films, Plastic granules, Inks, Adhesives, Masterbatches, Ethyl Acedate, and Titanium Dioxide. The company is a dealer of various companies for distribution of plastic based products.

Purv Flexipack Headlines

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