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Somany Ceramics (BOM:531548) Days Inventory : 88.82 (As of Mar. 2024)


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What is Somany Ceramics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Somany Ceramics's Average Total Inventories for the three months ended in Mar. 2024 was ₹3,466 Mil. Somany Ceramics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,561 Mil. Hence, Somany Ceramics's Days Inventory for the three months ended in Mar. 2024 was 88.82.

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

BOM:531548' s Days Inventory Range Over the Past 10 Years
Min: 44.15   Med: 112.98   Max: 146.78
Current: 113.34

During the past 13 years, Somany Ceramics's highest Days Inventory was 146.78. The lowest was 44.15. And the median was 112.98.

BOM:531548's Days Inventory is ranked worse than
73.53% of 1394 companies
in the Construction industry
Industry Median: 48.67 vs BOM:531548: 113.34

Somany Ceramics's Days Inventory declined from Mar. 2023 (114.82) to Mar. 2024 (88.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Somany Ceramics's Inventory Turnover for the three months ended in Mar. 2024 was 1.03.

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. Somany Ceramics's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.47.


Somany Ceramics Days Inventory Historical Data

The historical data trend for Somany Ceramics'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.

Somany Ceramics Days Inventory Chart

Somany Ceramics 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 146.78 125.21 95.41 113.51 112.44

Somany Ceramics 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 114.82 129.57 117.52 126.42 88.82

Competitive Comparison of Somany Ceramics's Days Inventory

For the Building Products & Equipment subindustry, Somany Ceramics'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.


Somany Ceramics's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Somany Ceramics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Somany Ceramics's Days Inventory falls into.



Somany Ceramics Days Inventory Calculation

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

Somany Ceramics'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
=( (3914.795 + 3465.8) / 2 ) / 11979.3*365
=3690.2975 / 11979.3*365
=112.44

Somany Ceramics'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 + 3465.8) / 1 ) / 3560.7*365 / 4
=3465.8 / 3560.7*365 / 4
=88.82

* 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.


Somany Ceramics  (BOM:531548) 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.

Somany Ceramics'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.

Somany Ceramics'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.


Somany Ceramics Days Inventory Related Terms

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


Somany Ceramics (BOM:531548) Business Description

Traded in Other Exchanges
Address
F-36, Sector-6, Noida, UP, IND, 201301
Somany Ceramics Ltd is an India based manufacturer and marketer of tiles, sanitary ware, and bath fittings products. It offers products such as Floor tiles, Wall tiles and claddings, Tile laying solutions, and Sanitary ware products, such as toilets, basins, urinals, sinks, cabinet basins, cisterns, and seat covers. It also provides CP fittings, such as Faucets, Showers, accessories, and allied products. The business activity of the company falls within the primary segment of Ceramic tiles and Allied products. It derives key revenue from the sale of Tiles.

Somany Ceramics (BOM:531548) Headlines

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