Sabar Flex India (NSE:SABAR) Days Inventory : 136.58 (As of Mar. 2022)

View and export this data going back to 2022. Start your Free Trial

What is Sabar Flex India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sabar Flex India's Average Total Inventories for the six months ended in Mar. 2022 was ₹241.4 Mil. Sabar Flex India's Cost of Goods Sold for the six months ended in Mar. 2022 was ₹645.2 Mil. Hence, Sabar Flex India's Days Inventory for the six months ended in Mar. 2022 was 68.29.

The historical rank and industry rank for Sabar Flex India's Days Inventory or its related term are showing as below:

NSE:SABAR's Days Inventory is not ranked ^*
in the Packaging & Containers industry.
Industry Median: 77.885
* Ranked among companies with meaningful Days Inventory only.

Sabar Flex India's Days Inventory increased from Mar. 2020 (112.65) to Mar. 2022 (136.58). It might indicate that Sabar Flex India's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sabar Flex India's Inventory Turnover for the six months ended in Mar. 2022 was 2.67.

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. Sabar Flex India's Inventory-to-Revenue for the six months ended in Mar. 2022 was 0.33.

Sabar Flex India Days Inventory Historical Data

The historical data trend for Sabar Flex India'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.

Sabar Flex India Days Inventory Chart

Sabar Flex India Annual Data

Trend

Mar20

Mar21

Mar22

Days Inventory

112.65

108.36

136.58

Sabar Flex India Semi-Annual Data
	Mar20	Mar21	Mar22
Days Inventory	112.65	108.36	136.58

Competitive Comparison of Sabar Flex India's Days Inventory

For the Packaging & Containers subindustry, Sabar Flex India'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.

Sabar Flex India's Days Inventory Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Sabar Flex India's Days Inventory falls into.

Sabar Flex India Days Inventory Calculation

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

Sabar Flex India's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

	Days Inventory (A: Mar. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (220.753	+	262.071)	/	2 )	/	645.162	*	365
=	241.412					/	645.162	*	365
=	136.58

Sabar Flex India's Days Inventory for the quarter that ended in Mar. 2022 is calculated as:

	Days Inventory (Q: Mar. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2021 )	+	Total Inventories (Q: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2022 )	*	Days in Period
=	( (220.753	+	262.071)	/	2 )	/	645.162	*	365 / 2
=	241.412					/	645.162	*	365 / 2
=	68.29

Sabar Flex India (NSE:SABAR) 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.

Sabar Flex India's Inventory Turnover for the six months ended in Mar. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	645.162	/	241.412
	=	2.67

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.

Sabar Flex India's Inventory to Revenue for the six months ended in Mar. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	241.412	/	723.578
	=	0.33

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.

Sabar Flex India Days Inventory Related Terms

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

Sabar Flex India (NSE:SABAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sabar Flex India Ltd (NSE:SABAR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corporate Road, B1/104 Palladium Building, Near Orchid Wood, Opposite Divya Bhaskar, Prahaladnagar, Ahmedabad, GJ, IND, 380051

Website

https://www.sabarflex.com

Sabar Flex India Ltd engages in manufacturing packaging products made from plastics. The company supplies three different products, that is, Multilayer films, Printed laminates, and flexible packaging products. Its product portfolio consists of multi-color pouches, stand-up pouches, zip-lock pouches, vacuum pouches, paper bag, e-commerce bag.

Sabar Flex India (NSE:SABAR) Headlines

No Headlines