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Ramasigns Industries (BOM:515127) Days Inventory : 1,055.34 (As of Dec. 2023)


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What is Ramasigns Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ramasigns Industries's Average Total Inventories for the three months ended in Dec. 2023 was ₹149.2 Mil. Ramasigns Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹12.9 Mil. Hence, Ramasigns Industries's Days Inventory for the three months ended in Dec. 2023 was 1,055.34.

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

BOM:515127' s Days Inventory Range Over the Past 10 Years
Min: 12.76   Med: 64.11   Max: 502.7
Current: 502.7

During the past 13 years, Ramasigns Industries's highest Days Inventory was 502.70. The lowest was 12.76. And the median was 64.11.

BOM:515127's Days Inventory is ranked worse than
98.26% of 1491 companies
in the Chemicals industry
Industry Median: 82.8 vs BOM:515127: 502.70

Ramasigns Industries's Days Inventory increased from Dec. 2022 (327.32) to Dec. 2023 (1,055.34). It might indicate that Ramasigns Industries'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. Ramasigns Industries'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. Ramasigns Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 9.76.


Ramasigns Industries Days Inventory Historical Data

The historical data trend for Ramasigns Industries'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.

Ramasigns Industries Days Inventory Chart

Ramasigns Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.78 72.97 202.35 176.45 263.87

Ramasigns Industries 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 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 327.32 335.68 482.75 542.93 1,055.34

Competitive Comparison of Ramasigns Industries's Days Inventory

For the Specialty Chemicals subindustry, Ramasigns Industries'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.


Ramasigns Industries's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ramasigns Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ramasigns Industries's Days Inventory falls into.



Ramasigns Industries Days Inventory Calculation

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

Ramasigns Industries'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
=( (136.009 + 150.762) / 2 ) / 198.342*365
=143.3855 / 198.342*365
=263.87

Ramasigns Industries'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
=( (149.159 + 0) / 1 ) / 12.897*365 / 4
=149.159 / 12.897*365 / 4
=1,055.34

* 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.


Ramasigns Industries  (BOM:515127) 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.

Ramasigns Industries's Inventory Turnover for the three months ended in Dec. 2023 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.

Ramasigns Industries's Inventory to Revenue for the three months ended in Dec. 2023 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.


Ramasigns Industries Days Inventory Related Terms

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


Ramasigns Industries (BOM:515127) Business Description

Traded in Other Exchanges
N/A
Address
Walbhat Road, Vimala Bhavan, Unit No. 3, Ground Floor, Sharma Industrial Estate, Goregaon (East), Mumbai, MH, IND, 400063
Ramasigns Industries Ltd is a specialty chemical company. It is engaged in the trading of printing consumables such as flex, vinyl, sunboard, etc. Its only operating segment is Printing Consumables. Its product line consists of Billboards and Banners, Self-Adhesive Vinyl, PVC Foam Board and Celuka Board, Over Laminates and Protection Films, Eco-friendly Billboard Fabrics, Custom Wall Coverings and Canvases, Fluted Polypropylene Boards, Extruded Acrylic Sheets, Display Products, and Eco-Solvent Media.

Ramasigns Industries (BOM:515127) Headlines

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