Hindustan Copper (BOM:513599) Days Inventory : 1,055.12 (As of Dec. 2023)

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What is Hindustan Copper Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hindustan Copper's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,955 Mil. Hindustan Copper's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹169 Mil. Hence, Hindustan Copper's Days Inventory for the three months ended in Dec. 2023 was 1,055.12.

The historical rank and industry rank for Hindustan Copper's Days Inventory or its related term are showing as below:

BOM:513599' s Days Inventory Range Over the Past 10 Years
Min: 46.65 Med: 245.8 Max: 344.03
Current: 75.72

During the past 13 years, Hindustan Copper's highest Days Inventory was 344.03. The lowest was 46.65. And the median was 245.80.

BOM:513599's Days Inventory is ranked better than
57.47% of 663 companies
in the Metals & Mining industry
Industry Median: 88.64 vs BOM:513599: 75.72

Hindustan Copper's Days Inventory increased from Dec. 2022 (142.33) to Dec. 2023 (1,055.12). It might indicate that Hindustan Copper's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hindustan Copper's Inventory Turnover for the three months ended in Dec. 2023 was 0.09.

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. Hindustan Copper's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.49.

Hindustan Copper Days Inventory Historical Data

The historical data trend for Hindustan Copper'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.

Hindustan Copper Days Inventory Chart

Hindustan Copper Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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236.18

264.11

118.50

58.24

46.65

Hindustan Copper Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															142.33	12.92	223.77	543.97	1,055.12

Competitive Comparison of Hindustan Copper's Days Inventory

For the Copper subindustry, Hindustan Copper'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.

Hindustan Copper's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hindustan Copper's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hindustan Copper's Days Inventory falls into.

Hindustan Copper Days Inventory Calculation

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

Hindustan Copper's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1130.018	+	1165.327)	/	2 )	/	8980.24	*	365
=	1147.6725					/	8980.24	*	365
=	46.65

Hindustan Copper's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1955.3	+	0)	/	1 )	/	169.1	*	365 / 4
=	1955.3					/	169.1	*	365 / 4
=	1,055.12

Hindustan Copper (BOM:513599) 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.

Hindustan Copper's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	169.1	/	1955.3
	=	0.09

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.

Hindustan Copper's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1955.3	/	3992.9
	=	0.49

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.

Hindustan Copper Days Inventory Related Terms

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

Hindustan Copper (BOM:513599) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hindustan Copper Ltd (BOM:513599) » Definitions » Days Inventory

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HINDCOPPER:India

Address

1, Ashutosh Chowdhury Avenue, Tamara Bhavan, Kolkata, WB, IND, 700 019

Website

https://www.hindustancopper.com

Hindustan Copper Ltd is a copper production company. It is engaged in the exploration, exploitation, and mining of copper and copper ore including beneficiation of minerals, smelting, and refining. Geographically, it operates only in India. The company product portfolio includes Continuous cast copper wire rods, copper cathodes, Copper sulphate, sulphuric acid, Anode slime, and others. The company is primarily engaged in the business of manufacturing and sale of copper products.

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