Sati Poly Plast (NSE:SATIPOLY) Days Inventory : 57.21 (As of Mar. 2024)

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What is Sati Poly Plast Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sati Poly Plast's Average Total Inventories for the six months ended in Mar. 2024 was ₹229 Mil. Sati Poly Plast's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹1,459 Mil. Hence, Sati Poly Plast's Days Inventory for the six months ended in Mar. 2024 was 28.61.

The historical rank and industry rank for Sati Poly Plast's Days Inventory or its related term are showing as below:

NSE:SATIPOLY' s Days Inventory Range Over the Past 10 Years
Min: 34.15 Med: 40.61 Max: 57.21
Current: 57.21

During the past 3 years, Sati Poly Plast's highest Days Inventory was 57.21. The lowest was 34.15. And the median was 40.61.

NSE:SATIPOLY's Days Inventory is ranked better than
70.53% of 380 companies
in the Packaging & Containers industry
Industry Median: 76.16 vs NSE:SATIPOLY: 57.21

Sati Poly Plast's Days Inventory increased from Mar. 2022 (34.15) to Mar. 2024 (57.21). It might indicate that Sati Poly Plast'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. Sati Poly Plast's Inventory Turnover for the six months ended in Mar. 2024 was 6.38.

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. Sati Poly Plast's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.13.

Sati Poly Plast Days Inventory Historical Data

The historical data trend for Sati Poly Plast'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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Sati Poly Plast Days Inventory Chart

Sati Poly Plast Annual Data

Trend

Mar22

Mar23

Mar24

Days Inventory

34.15

40.61

57.21

Sati Poly Plast Semi-Annual Data
	Mar22	Mar23	Mar24
Days Inventory	34.15	40.61	57.21

Competitive Comparison of Sati Poly Plast's Days Inventory

For the Packaging & Containers subindustry, Sati Poly Plast'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.

Sati Poly Plast's Days Inventory Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Sati Poly Plast's Days Inventory falls into.

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Sati Poly Plast Days Inventory Calculation

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

Sati Poly Plast'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
=	( (209.825	+	247.452)	/	2 )	/	1458.668	*	365
=	228.6385					/	1458.668	*	365
=	57.21

Sati Poly Plast'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: Mar. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (209.825	+	247.452)	/	2 )	/	1458.668	*	365 / 2
=	228.6385					/	1458.668	*	365 / 2
=	28.61

Sati Poly Plast (NSE:SATIPOLY) 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.

Sati Poly Plast's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1458.668	/	228.6385
	=	6.38

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.

Sati Poly Plast's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	228.6385	/	1793.548
	=	0.13

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.

Sati Poly Plast Days Inventory Related Terms

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

Sati Poly Plast Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Sati Poly Plast Ltd (NSE:SATIPOLY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-44, Phase II, District Gautam Budh Nagar, Noida, UP, IND, 201305

Website

https://www.satipolyplast.in

Sati Poly Plast Ltd is engaged in the manufacturing of flexible packaging material which is multifunctional and caters to the packaging requirements of various industries. Its packaging solutions offers products in the food and beverage category, including salty snacks, snack bars, dry fruits, confectionery and dry foods.

Sati Poly Plast Headlines

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