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Tuticorin Alkali Chemicals & Fertilizers (BOM:506808) Days Inventory : 390.88 (As of Mar. 2024)


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What is Tuticorin Alkali Chemicals & Fertilizers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tuticorin Alkali Chemicals & Fertilizers's Average Total Inventories for the three months ended in Mar. 2024 was ₹377 Mil. Tuticorin Alkali Chemicals & Fertilizers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹88 Mil. Hence, Tuticorin Alkali Chemicals & Fertilizers's Days Inventory for the three months ended in Mar. 2024 was 390.88.

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

BOM:506808' s Days Inventory Range Over the Past 10 Years
Min: 61.64   Med: 133.08   Max: 198.49
Current: 122.12

During the past 13 years, Tuticorin Alkali Chemicals & Fertilizers's highest Days Inventory was 198.49. The lowest was 61.64. And the median was 133.08.

BOM:506808's Days Inventory is ranked worse than
54.59% of 229 companies
in the Agriculture industry
Industry Median: 110.04 vs BOM:506808: 122.12

Tuticorin Alkali Chemicals & Fertilizers's Days Inventory increased from Mar. 2023 (70.85) to Mar. 2024 (390.88). It might indicate that Tuticorin Alkali Chemicals & Fertilizers's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tuticorin Alkali Chemicals & Fertilizers's Inventory Turnover for the three months ended in Mar. 2024 was 0.23.

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. Tuticorin Alkali Chemicals & Fertilizers's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.67.


Tuticorin Alkali Chemicals & Fertilizers Days Inventory Historical Data

The historical data trend for Tuticorin Alkali Chemicals & Fertilizers'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.

Tuticorin Alkali Chemicals & Fertilizers Days Inventory Chart

Tuticorin Alkali Chemicals & Fertilizers 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 132.37 157.84 132.59 61.64 133.56

Tuticorin Alkali Chemicals & Fertilizers 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 70.85 95.76 76.68 106.23 390.88

Competitive Comparison of Tuticorin Alkali Chemicals & Fertilizers's Days Inventory

For the Agricultural Inputs subindustry, Tuticorin Alkali Chemicals & Fertilizers'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.


Tuticorin Alkali Chemicals & Fertilizers's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Tuticorin Alkali Chemicals & Fertilizers's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tuticorin Alkali Chemicals & Fertilizers's Days Inventory falls into.



Tuticorin Alkali Chemicals & Fertilizers Days Inventory Calculation

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

Tuticorin Alkali Chemicals & Fertilizers'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
=( (402.556 + 376.575) / 2 ) / 1064.646*365
=389.5655 / 1064.646*365
=133.56

Tuticorin Alkali Chemicals & Fertilizers'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 + 376.575) / 1 ) / 87.911*365 / 4
=376.575 / 87.911*365 / 4
=390.88

* 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.


Tuticorin Alkali Chemicals & Fertilizers  (BOM:506808) 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.

Tuticorin Alkali Chemicals & Fertilizers'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.

Tuticorin Alkali Chemicals & Fertilizers'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.


Tuticorin Alkali Chemicals & Fertilizers Days Inventory Related Terms

Thank you for viewing the detailed overview of Tuticorin Alkali Chemicals & Fertilizers's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Tuticorin Alkali Chemicals & Fertilizers (BOM:506808) Business Description

Traded in Other Exchanges
N/A
Address
88, Mount Road, SPIC House, Guindy, Chennai, TN, IND, 600 032
Tuticorin Alkali Chemicals & Fertilizers Ltd is engaged in producing all grades of soda ash and coproduces ammonium chloride fertilizer. Its products portfolio includes soda ash, ammonium chloride fertilizer, ammonium chloride, and sodium bicarbonate. The company has one business segment, namely the manufacture of Soda Ash and Ammonium Chloride (Dual Products).

Tuticorin Alkali Chemicals & Fertilizers (BOM:506808) Headlines

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