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Indo Euro Indchem (BOM:524458) Days Inventory : 100.96 (As of Dec. 2023)


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What is Indo Euro Indchem Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Indo Euro Indchem's Average Total Inventories for the three months ended in Dec. 2023 was ₹8.02 Mil. Indo Euro Indchem's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹7.25 Mil. Hence, Indo Euro Indchem's Days Inventory for the three months ended in Dec. 2023 was 100.96.

The historical rank and industry rank for Indo Euro Indchem's Days Inventory or its related term are showing as below:

BOM:524458' s Days Inventory Range Over the Past 10 Years
Min: 63.86   Med: 150.11   Max: 559.09
Current: 90.83

During the past 13 years, Indo Euro Indchem's highest Days Inventory was 559.09. The lowest was 63.86. And the median was 150.11.

BOM:524458's Days Inventory is ranked worse than
57.91% of 449 companies
in the Conglomerates industry
Industry Median: 72.34 vs BOM:524458: 90.83

Indo Euro Indchem's Days Inventory increased from Dec. 2022 (78.88) to Dec. 2023 (100.96). It might indicate that Indo Euro Indchem's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Indo Euro Indchem's Inventory Turnover for the three months ended in Dec. 2023 was 0.90.

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. Indo Euro Indchem's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.79.


Indo Euro Indchem Days Inventory Historical Data

The historical data trend for Indo Euro Indchem'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.

Indo Euro Indchem Days Inventory Chart

Indo Euro Indchem 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 559.09 130.88 226.77 70.05 108.37

Indo Euro Indchem 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 78.88 56.04 123.05 85.18 100.96

Competitive Comparison of Indo Euro Indchem's Days Inventory

For the Conglomerates subindustry, Indo Euro Indchem'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.


Indo Euro Indchem's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Indo Euro Indchem's Days Inventory distribution charts can be found below:

* The bar in red indicates where Indo Euro Indchem's Days Inventory falls into.



Indo Euro Indchem Days Inventory Calculation

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

Indo Euro Indchem'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
=( (33.027 + 16.647) / 2 ) / 83.652*365
=24.837 / 83.652*365
=108.37

Indo Euro Indchem'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
=( (8.018 + 0) / 1 ) / 7.247*365 / 4
=8.018 / 7.247*365 / 4
=100.96

* 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.


Indo Euro Indchem  (BOM:524458) 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.

Indo Euro Indchem'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.

Indo Euro Indchem'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.


Indo Euro Indchem Days Inventory Related Terms

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


Indo Euro Indchem (BOM:524458) Business Description

Traded in Other Exchanges
N/A
Address
B-9 TO B-16, M.I.D.C, Osmanabad, MH, IND, 413501
Indo Euro Indchem Ltd is engaged in the trading of specialty chemicals, poultry feeds, base paper, press plates, tissue paper, and laminates.

Indo Euro Indchem (BOM:524458) Headlines

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