GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vidhi Specialty Food Ingredients Ltd (NSE:VIDHIING) » Definitions » Days Inventory

Vidhi Specialty Food Ingredients (NSE:VIDHIING) Days Inventory : 90.02 (As of Dec. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Vidhi Specialty Food Ingredients Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vidhi Specialty Food Ingredients's Average Total Inventories for the three months ended in Dec. 2024 was ₹564 Mil. Vidhi Specialty Food Ingredients's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹572 Mil. Hence, Vidhi Specialty Food Ingredients's Days Inventory for the three months ended in Dec. 2024 was 90.02.

The historical rank and industry rank for Vidhi Specialty Food Ingredients's Days Inventory or its related term are showing as below:

NSE:VIDHIING' s Days Inventory Range Over the Past 10 Years
Min: 48.8   Med: 80.13   Max: 98.45
Current: 88.15

During the past 13 years, Vidhi Specialty Food Ingredients's highest Days Inventory was 98.45. The lowest was 48.80. And the median was 80.13.

NSE:VIDHIING's Days Inventory is ranked worse than
57.57% of 1506 companies
in the Chemicals industry
Industry Median: 77.475 vs NSE:VIDHIING: 88.15

Vidhi Specialty Food Ingredients's Days Inventory declined from Dec. 2023 (165.57) to Dec. 2024 (90.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Vidhi Specialty Food Ingredients's Inventory Turnover for the three months ended in Dec. 2024 was 1.01.

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. Vidhi Specialty Food Ingredients's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.57.


Vidhi Specialty Food Ingredients Days Inventory Historical Data

The historical data trend for Vidhi Specialty Food Ingredients'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.

Vidhi Specialty Food Ingredients Days Inventory Chart

Vidhi Specialty Food Ingredients 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 82.86 70.41 48.80 77.01 98.45

Vidhi Specialty Food Ingredients Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 165.57 69.85 93.14 89.31 90.02

Competitive Comparison of Vidhi Specialty Food Ingredients's Days Inventory

For the Specialty Chemicals subindustry, Vidhi Specialty Food Ingredients'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.


Vidhi Specialty Food Ingredients's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vidhi Specialty Food Ingredients's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vidhi Specialty Food Ingredients's Days Inventory falls into.


;
;

Vidhi Specialty Food Ingredients Days Inventory Calculation

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

Vidhi Specialty Food Ingredients'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
=( (605.324 + 563.256) / 2 ) / 2166.175*365
=584.29 / 2166.175*365
=98.45

Vidhi Specialty Food Ingredients's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (564.102 + 0) / 1 ) / 571.797*365 / 4
=564.102 / 571.797*365 / 4
=90.02

* 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.


Vidhi Specialty Food Ingredients  (NSE:VIDHIING) 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.

Vidhi Specialty Food Ingredients's Inventory Turnover for the three months ended in Dec. 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.

Vidhi Specialty Food Ingredients's Inventory to Revenue for the three months ended in Dec. 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.


Vidhi Specialty Food Ingredients Days Inventory Related Terms

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


Vidhi Specialty Food Ingredients Business Description

Traded in Other Exchanges
Address
78, Tardeo Road, E/27, Commerce Centre, Mumbai, MH, IND, 400034
Vidhi Specialty Food Ingredients Ltd is engaged in the business of manufacturing & trading synthetic food colors and chemicals. The company offers synthetic water-soluble colors, natural colors, aluminum lakes, federal food, drug, and cosmetic act certified lakes, drug and cosmetic colors, and other products. Their products are used in providing color solutions in the application of food and beverage, confectionery, pharmaceuticals, feeds, cosmetics, inkjet inks, pet food, healthcare, and salt-free color. The manufacturing facility is located in the Raigad district in the Indian state of Maharashtra. The Company's operating divisions are managed from India. The Company operates within India & Outside India. The majority of its revenue comes from export sales.

Vidhi Specialty Food Ingredients Headlines

No Headlines