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Shree Digvijay Cement Co (BOM:502180) Days Inventory : 258.49 (As of Mar. 2024)


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What is Shree Digvijay Cement Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shree Digvijay Cement Co's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,333 Mil. Shree Digvijay Cement Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹471 Mil. Hence, Shree Digvijay Cement Co's Days Inventory for the three months ended in Mar. 2024 was 258.49.

The historical rank and industry rank for Shree Digvijay Cement Co's Days Inventory or its related term are showing as below:

BOM:502180' s Days Inventory Range Over the Past 10 Years
Min: 159.3   Med: 250.13   Max: 354.57
Current: 313.01

During the past 13 years, Shree Digvijay Cement Co's highest Days Inventory was 354.57. The lowest was 159.30. And the median was 250.13.

BOM:502180's Days Inventory is ranked worse than
89.95% of 368 companies
in the Building Materials industry
Industry Median: 83.675 vs BOM:502180: 313.01

Shree Digvijay Cement Co's Days Inventory declined from Mar. 2023 (326.26) to Mar. 2024 (258.49).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shree Digvijay Cement Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.35.

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. Shree Digvijay Cement Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.59.


Shree Digvijay Cement Co Days Inventory Historical Data

The historical data trend for Shree Digvijay Cement Co'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.

Shree Digvijay Cement Co Days Inventory Chart

Shree Digvijay Cement Co Annual Data
Trend Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 250.13 229.99 289.41 354.57 300.03

Shree Digvijay Cement Co 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 326.26 284.38 280.07 598.46 258.49

Competitive Comparison of Shree Digvijay Cement Co's Days Inventory

For the Building Materials subindustry, Shree Digvijay Cement Co'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.


Shree Digvijay Cement Co's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Shree Digvijay Cement Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shree Digvijay Cement Co's Days Inventory falls into.



Shree Digvijay Cement Co Days Inventory Calculation

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

Shree Digvijay Cement Co'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
=( (1154.365 + 1333.314) / 2 ) / 1513.198*365
=1243.8395 / 1513.198*365
=300.03

Shree Digvijay Cement Co'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 + 1333.314) / 1 ) / 470.67*365 / 4
=1333.314 / 470.67*365 / 4
=258.49

* 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.


Shree Digvijay Cement Co  (BOM:502180) 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.

Shree Digvijay Cement Co'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.

Shree Digvijay Cement Co'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.


Shree Digvijay Cement Co Days Inventory Related Terms

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


Shree Digvijay Cement Co (BOM:502180) Business Description

Traded in Other Exchanges
Address
P.O. Digvijaygram, Jamnagar, GJ, IND, 361140
Shree Digvijay Cement Co Ltd is an India-based company. It is mainly involved in cement and clinker manufacturing. The company manufactures cement under the brand name KAMAL, also manufacturing some special cement-like oil well cement, Sulphate resisting Portland cement, and manufacturing cement. The company mainly operates in India. The majority of its revenue comes from the sales of cement and clinker products.

Shree Digvijay Cement Co (BOM:502180) Headlines

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