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United Polyfab Gujarat (NSE:UNITEDPOLY) Days Inventory : 11.91 (As of Mar. 2024)


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What is United Polyfab Gujarat Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). United Polyfab Gujarat's Average Total Inventories for the three months ended in Mar. 2024 was ₹255 Mil. United Polyfab Gujarat's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,955 Mil. Hence, United Polyfab Gujarat's Days Inventory for the three months ended in Mar. 2024 was 11.91.

The historical rank and industry rank for United Polyfab Gujarat's Days Inventory or its related term are showing as below:

NSE:UNITEDPOLY' s Days Inventory Range Over the Past 10 Years
Min: 2.23   Med: 16.05   Max: 30.24
Current: 9.34

During the past 13 years, United Polyfab Gujarat's highest Days Inventory was 30.24. The lowest was 2.23. And the median was 16.05.

NSE:UNITEDPOLY's Days Inventory is ranked better than
97.71% of 1006 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.905 vs NSE:UNITEDPOLY: 9.34

United Polyfab Gujarat's Days Inventory increased from Mar. 2023 (7.74) to Mar. 2024 (11.91). It might indicate that United Polyfab Gujarat's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Polyfab Gujarat's Inventory Turnover for the three months ended in Mar. 2024 was 7.66.

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. United Polyfab Gujarat's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.


United Polyfab Gujarat Days Inventory Historical Data

The historical data trend for United Polyfab Gujarat'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.

United Polyfab Gujarat Days Inventory Chart

United Polyfab Gujarat 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 13.69 9.20 2.23 5.90 8.95

United Polyfab Gujarat Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.74 7.25 9.50 9.46 11.91

Competitive Comparison of United Polyfab Gujarat's Days Inventory

For the Textile Manufacturing subindustry, United Polyfab Gujarat'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.


United Polyfab Gujarat's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, United Polyfab Gujarat's Days Inventory distribution charts can be found below:

* The bar in red indicates where United Polyfab Gujarat's Days Inventory falls into.



United Polyfab Gujarat Days Inventory Calculation

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

United Polyfab Gujarat'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
=( (153.893 + 255.27) / 2 ) / 8342.178*365
=204.5815 / 8342.178*365
=8.95

United Polyfab Gujarat'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 255.27) / 1 ) / 1955.152*365 / 4
=255.27 / 1955.152*365 / 4
=11.91

* 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.


United Polyfab Gujarat  (NSE:UNITEDPOLY) 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.

United Polyfab Gujarat's Inventory Turnover for the three months ended in Mar. 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.

United Polyfab Gujarat's Inventory to Revenue for the three months ended in Mar. 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.


United Polyfab Gujarat Days Inventory Related Terms

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


United Polyfab Gujarat (NSE:UNITEDPOLY) Business Description

Traded in Other Exchanges
N/A
Address
Narol-Sarkhej Highway, Survey No. 238, 239, Shahwadi, Opposite New Aarvee Denim, Ahmedabad, GJ, IND, 382405
United Polyfab Gujarat Ltd is an India-based company engaged in the business of trading and manufacturing of woven fabrics and yarn. The company also does the job work of manufacturing and weaving of grey denim, grey fabric, and grey cotton fabric. Its product portfolio comprises of products like Cotton yarn, Dyed fabric, Grey fabric, and Denim fabric. Majority of the revenue comes from the Indian market.

United Polyfab Gujarat (NSE:UNITEDPOLY) Headlines

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