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Rana Sugars (NSE:RANASUG) Days Inventory : 164.68 (As of Mar. 2024)


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What is Rana Sugars Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rana Sugars's Average Total Inventories for the three months ended in Mar. 2024 was ₹5,922 Mil. Rana Sugars's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,281 Mil. Hence, Rana Sugars's Days Inventory for the three months ended in Mar. 2024 was 164.68.

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

NSE:RANASUG' s Days Inventory Range Over the Past 10 Years
Min: 130.21   Med: 184.67   Max: 368.76
Current: 130.21

During the past 13 years, Rana Sugars's highest Days Inventory was 368.76. The lowest was 130.21. And the median was 184.67.

NSE:RANASUG's Days Inventory is ranked worse than
71.3% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 83.72 vs NSE:RANASUG: 130.21

Rana Sugars's Days Inventory declined from Mar. 2023 (167.12) to Mar. 2024 (164.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rana Sugars's Inventory Turnover for the three months ended in Mar. 2024 was 0.55.

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. Rana Sugars's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.43.


Rana Sugars Days Inventory Historical Data

The historical data trend for Rana Sugars'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.

Rana Sugars Days Inventory Chart

Rana Sugars 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 134.55 131.62 163.89 158.90 166.94

Rana Sugars 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 167.12 129.35 62.02 72.54 164.68

Competitive Comparison of Rana Sugars's Days Inventory

For the Confectioners subindustry, Rana Sugars'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.


Rana Sugars's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rana Sugars's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rana Sugars's Days Inventory falls into.



Rana Sugars Days Inventory Calculation

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

Rana Sugars'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
=( (5853.35 + 5921.533) / 2 ) / 12872.104*365
=5887.4415 / 12872.104*365
=166.94

Rana Sugars'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 + 5921.533) / 1 ) / 3281.115*365 / 4
=5921.533 / 3281.115*365 / 4
=164.68

* 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.


Rana Sugars  (NSE:RANASUG) 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.

Rana Sugars'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.

Rana Sugars'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.


Rana Sugars Days Inventory Related Terms

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


Rana Sugars (NSE:RANASUG) Business Description

Traded in Other Exchanges
Address
SCO 49-50, Madhya Marg, Sector 8-C, Chandigarh, IND, 160009
Rana Sugars Ltd is a sugar manufacturing company. Its segments include Sugar Manufacturing, Ethanol Manufacturing, and Power Generation. The Sugar Manufacturing segment acts as a core revenue driver for the firm which involves the manufacturing and selling of sugar, molasses, and bagasse. The company offers Double Refined White Sulphurless Sugar, Plantation White Sugar, Raw Sugar, and Sugar from Sugar Beet. Geographically, it operates in India.

Rana Sugars (NSE:RANASUG) Headlines

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