Refractory Shapes (NSE:REFRACTORY) Days Inventory : 233.73 (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Refractory Shapes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Refractory Shapes's Average Total Inventories for the six months ended in Sep. 2024 was ₹165.5 Mil. Refractory Shapes's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹129.2 Mil. Hence, Refractory Shapes's Days Inventory for the six months ended in Sep. 2024 was 233.73.

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

NSE:REFRACTORY' s Days Inventory Range Over the Past 10 Years
Min: 63.75 Med: 70.8 Max: 467.45
Current: 467.45

During the past 3 years, Refractory Shapes's highest Days Inventory was 467.45. The lowest was 63.75. And the median was 70.80.

NSE:REFRACTORY's Days Inventory is ranked worse than
93.51% of 385 companies
in the Building Materials industry
Industry Median: 85.98 vs NSE:REFRACTORY: 467.45

Refractory Shapes's Days Inventory increased from Mar. 2023 (0.00) to Sep. 2024 (233.73). It might indicate that Refractory Shapes'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. Refractory Shapes's Inventory Turnover for the six months ended in Sep. 2024 was 0.78.

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. Refractory Shapes's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.70.

Refractory Shapes Days Inventory Historical Data

The historical data trend for Refractory Shapes'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.

Refractory Shapes Days Inventory Chart

Refractory Shapes Annual Data

Trend

Mar21

Mar22

Mar23

Days Inventory

63.75

70.80

82.79

Refractory Shapes Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Days Inventory	-	-	-	175.58	233.73

Competitive Comparison of Refractory Shapes's Days Inventory

For the Building Materials subindustry, Refractory Shapes'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.

Refractory Shapes's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Refractory Shapes's Days Inventory distribution charts can be found below:

* The bar in red indicates where Refractory Shapes's Days Inventory falls into.

Save Embed

;

Save Embed

;

Refractory Shapes Days Inventory Calculation

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

Refractory Shapes's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (33.326	+	85.587)	/	2 )	/	262.127	*	365
=	59.4565					/	262.127	*	365
=	82.79

Refractory Shapes'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: Sep. 2023 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (124.764	+	206.219)	/	2 )	/	129.22	*	365 / 2
=	165.4915					/	129.22	*	365 / 2
=	233.73

Refractory Shapes (NSE:REFRACTORY) 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.

Refractory Shapes's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	129.22	/	165.4915
	=	0.78

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.

Refractory Shapes's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	165.4915	/	235.352
	=	0.70

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.

Refractory Shapes Days Inventory Related Terms

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

Refractory Shapes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Refractory Shapes Ltd (NSE:REFRACTORY) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Andheri-Kurla Road, B 201, Rustomjee Central Park Chakala, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.refshape.com

Refractory Shapes Ltd is primarily engaged in the manufacturing of various types of bricks, castables, high alumina catalysts, and ceramic balls, including pre-cast & pre-fired blocks (PCPF), burner blocks, special-shaped refractory bricks, dense and insulating castables, and mortars.

Refractory Shapes Headlines

No Headlines