Sanco Industries (NSE:SANCO) Days Inventory: 448.48 (As of Mar. 2020)

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NSE:SANCO Sanco Industries Ltd NSE:SANCO
4 GF Score
Price ₹2.90
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What is Sanco Industries Days Inventory?

Sanco Industries NSE:SANCO 4 Days Inventory is 448.48 as of Mar. 2020. GuruFocus rates NSE:SANCO with a GF Score™ of 4/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Sanco Industries's Average Total Inventories for the six months ended in Mar. 2020 was ₹405.2 Mil. Sanco Industries's Cost of Goods Sold for the six months ended in Mar. 2020 was ₹329.8 Mil. Hence, Sanco Industries's Days Inventory for the six months ended in Mar. 2020 was 224.24.

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

NSE:SANCO's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 120.315
* Ranked among companies with meaningful Days Inventory only.

Sanco Industries's Days Inventory increased from Mar. 2018 (71.62) to Mar. 2020 (448.48). It might indicate that Sanco Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sanco Industries's Inventory Turnover for the six months ended in Mar. 2020 was 0.81.

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. Sanco Industries's Inventory-to-Revenue for the six months ended in Mar. 2020 was 1.08.


Sanco Industries  (NSE:SANCO) 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.

Sanco Industries's Inventory Turnover for the six months ended in Mar. 2020 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.

Sanco Industries's Inventory to Revenue for the six months ended in Mar. 2020 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.


Sanco Industries Days Inventory Related Terms


Sanco Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Sanco Industries'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.

Sanco Industries Days Inventory Chart

Sanco Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Days Inventory
Get a 7-Day Free Trial 14.51 69.33 71.62 140.36 448.48

Sanco Industries Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Days Inventory Get a 7-Day Free Trial 14.51 69.33 71.62 140.36 448.48

NSE:SANCO vs HUBB: Days Inventory Comparison

For the Electrical Equipment & Parts subindustry, Sanco Industries'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.


Sanco Industries Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sanco Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sanco Industries's Days Inventory falls into.


NSE:SANCO
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Sanco Industries Ltd NSE:SANCO
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Sanco Industries Days Inventory Calculation

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

Sanco Industries's Days Inventory for the fiscal year that ended in Mar. 2020 is calculated as

Days Inventory (A: Mar. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2019 ) + Total Inventories (A: Mar. 2020 )) / count ) / Cost of Goods Sold (A: Mar. 2020 )*Days in Period
=( (386.116 + 424.273) / 2 ) / 329.774*365
=405.1945 / 329.774*365
=448.48

Sanco Industries's Days Inventory for the quarter that ended in Mar. 2020 is calculated as:

Days Inventory (Q: Mar. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2019 ) + Total Inventories (Q: Mar. 2020 )) / count ) / Cost of Goods Sold (Q: Mar. 2020 )*Days in Period
=( (386.116 + 424.273) / 2 ) / 329.774*365 / 2
=405.1945 / 329.774*365 / 2
=224.24

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 448.48 mean?
Sanco Industries (NSE:SANCO) has a Days Inventory of 448.48 as of Mar. 2020. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sanco Industries and its competitors.
Is Sanco Industries' Days Inventory too high?
Sanco Industries' current Days Inventory is 448.48. The Industrial Products industry median Days Inventory is 120.32. Sanco Industries' value of 448.48 is 272.8% above this industry median. Overall, Sanco Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sanco Industries' Days Inventory compare to HUBB?
Sanco Industries' Days Inventory of 448.48 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 120.32. Sanco Industries' value of 448.48 is 272.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 120.32, based on 2,968 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sanco Industries's current Days Inventory of 448.48 is 272.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sanco Industries and its competitors. For the Industrial Products industry, the median Days Inventory is 120.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanco Industries's current Days Inventory is 448.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanco Industries stock overvalued right now?
Sanco Industries (NSE:SANCO) has a current Days Inventory of 448.48. The current Days Inventory is 448.48 and 272.8% above the Industrial Products industry median of 120.32. Sanco Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Sanco Industries (NSE:SANCO), the current Days Inventory is 448.48 as of Mar. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sanco Industries Business Description

Address D - 161, Surajmal Vihar, Near Karkardooma Court, New Delhi, IND, 110092
Sanco Industries Ltd is an India-based holding company. It is engaged in the business of PVC Pipes, PVC Wires and Cables, and Copper Wire Rod. It is engaged in manufacturing and trading of polyvinyl chloride (PVC) resin, PVC compound, PVC profiles, light-emitting diode (LED) lights, and chemical. The company operates in one business segment namely, Manufacturing business. It offers various products, which comprise PVC conduit pipes, PVC casings, and cappings, PVC insulated wires, calcium carbonate, and PVC insulation tape.
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