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Gujarat Narmada Valley Fertilizers & Chemicals (BOM:500670) Days Inventory : 82.95 (As of Mar. 2024)


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What is Gujarat Narmada Valley Fertilizers & Chemicals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gujarat Narmada Valley Fertilizers & Chemicals's Average Total Inventories for the three months ended in Mar. 2024 was ₹11,190 Mil. Gujarat Narmada Valley Fertilizers & Chemicals's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹12,310 Mil. Hence, Gujarat Narmada Valley Fertilizers & Chemicals's Days Inventory for the three months ended in Mar. 2024 was 82.95.

The historical rank and industry rank for Gujarat Narmada Valley Fertilizers & Chemicals's Days Inventory or its related term are showing as below:

BOM:500670' s Days Inventory Range Over the Past 10 Years
Min: 76.84   Med: 96.52   Max: 136.84
Current: 87.93

During the past 13 years, Gujarat Narmada Valley Fertilizers & Chemicals's highest Days Inventory was 136.84. The lowest was 76.84. And the median was 96.52.

BOM:500670's Days Inventory is ranked worse than
53.76% of 1490 companies
in the Chemicals industry
Industry Median: 81.62 vs BOM:500670: 87.93

Gujarat Narmada Valley Fertilizers & Chemicals's Days Inventory declined from Mar. 2023 (98.36) to Mar. 2024 (82.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gujarat Narmada Valley Fertilizers & Chemicals's Inventory Turnover for the three months ended in Mar. 2024 was 1.10.

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. Gujarat Narmada Valley Fertilizers & Chemicals's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.53.


Gujarat Narmada Valley Fertilizers & Chemicals Days Inventory Historical Data

The historical data trend for Gujarat Narmada Valley Fertilizers & Chemicals'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.

Gujarat Narmada Valley Fertilizers & Chemicals Days Inventory Chart

Gujarat Narmada Valley Fertilizers & Chemicals 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 117.41 136.84 82.03 76.84 90.85

Gujarat Narmada Valley Fertilizers & Chemicals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 98.36 117.00 80.73 73.83 82.95

Competitive Comparison of Gujarat Narmada Valley Fertilizers & Chemicals's Days Inventory

For the Chemicals subindustry, Gujarat Narmada Valley Fertilizers & Chemicals'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.


Gujarat Narmada Valley Fertilizers & Chemicals's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gujarat Narmada Valley Fertilizers & Chemicals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gujarat Narmada Valley Fertilizers & Chemicals's Days Inventory falls into.



Gujarat Narmada Valley Fertilizers & Chemicals Days Inventory Calculation

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

Gujarat Narmada Valley Fertilizers & Chemicals'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
=( (11232.1 + 11190) / 2 ) / 45040*365
=11211.05 / 45040*365
=90.85

Gujarat Narmada Valley Fertilizers & Chemicals'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 + 11190) / 1 ) / 12310*365 / 4
=11190 / 12310*365 / 4
=82.95

* 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.


Gujarat Narmada Valley Fertilizers & Chemicals  (BOM:500670) 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.

Gujarat Narmada Valley Fertilizers & Chemicals'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.

Gujarat Narmada Valley Fertilizers & Chemicals'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.


Gujarat Narmada Valley Fertilizers & Chemicals Days Inventory Related Terms

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Gujarat Narmada Valley Fertilizers & Chemicals (BOM:500670) Business Description

Traded in Other Exchanges
Address
Narmadanagar Township, Open Air Theatre, Sports Complex, P.O. Narmadanagar, Bharuch, GJ, IND, 392015
Gujarat Narmada Valley Fertilizers & Chemicals Ltd, or GNFC, is a firm engaged in the manufacturing and selling of fertilizers, industrial chemical products and rendering Information Technology services. It operates in three business segments including Fertilizers, Chemicals and Others. The company generates the majority of its revenues through the sale of chemicals.

Gujarat Narmada Valley Fertilizers & Chemicals (BOM:500670) Headlines

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