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Shreyans Industries (NSE:SHREYANIND) Days Inventory : 54.50 (As of Sep. 2024)


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What is Shreyans Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shreyans Industries's Average Total Inventories for the three months ended in Sep. 2024 was ₹601 Mil. Shreyans Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹1,006 Mil. Hence, Shreyans Industries's Days Inventory for the three months ended in Sep. 2024 was 54.50.

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

NSE:SHREYANIND' s Days Inventory Range Over the Past 10 Years
Min: 30.5   Med: 38.82   Max: 60.08
Current: 49.97

During the past 13 years, Shreyans Industries's highest Days Inventory was 60.08. The lowest was 30.50. And the median was 38.82.

NSE:SHREYANIND's Days Inventory is ranked better than
78.91% of 275 companies
in the Forest Products industry
Industry Median: 88.11 vs NSE:SHREYANIND: 49.97

Shreyans Industries's Days Inventory increased from Sep. 2023 (40.28) to Sep. 2024 (54.50). It might indicate that Shreyans Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shreyans Industries's Inventory Turnover for the three months ended in Sep. 2024 was 1.67.

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. Shreyans Industries's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.45.


Shreyans Industries Days Inventory Historical Data

The historical data trend for Shreyans 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.

* Premium members only.

Shreyans Industries Days Inventory Chart

Shreyans Industries 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 42.44 58.16 37.09 30.50 40.54

Shreyans Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 40.28 39.66 57.04 49.04 54.50

Competitive Comparison of Shreyans Industries's Days Inventory

For the Paper & Paper Products subindustry, Shreyans 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.


Shreyans Industries's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shreyans Industries's Days Inventory distribution charts can be found below:

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



Shreyans Industries Days Inventory Calculation

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

Shreyans Industries'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
=( (504.274 + 518.149) / 2 ) / 4603.155*365
=511.2115 / 4603.155*365
=40.54

Shreyans Industries'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: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 600.938) / 1 ) / 1006.226*365 / 4
=600.938 / 1006.226*365 / 4
=54.50

* 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.


Shreyans Industries  (NSE:SHREYANIND) 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.

Shreyans Industries's Inventory Turnover for the three months ended in Sep. 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.

Shreyans Industries's Inventory to Revenue for the three months ended in Sep. 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.


Shreyans Industries Days Inventory Related Terms

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


Shreyans Industries Business Description

Traded in Other Exchanges
Address
Chandigarh Road, P.O. Sahabana, Village Bholapur, Ludhiana, PB, IND, 141123
Shreyans Industries Ltd is engaged in the manufacturing of writing and printing paper from Agricultural residues. Its products include papers of different categories such as Watermark Maplitho Paper, Rishabh Colour Printing, Shreyans Primera Copier, and Shreyans Super Print among others. The company operates in a single segment and has a business presence in India and outside India, of which key revenue is derived from India.

Shreyans Industries Headlines

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