Suumaya (BOM:543274) Days Inventory : 0.00 (As of Sep. 2023)

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What is Suumaya Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Suumaya's Average Total Inventories for the six months ended in Sep. 2023 was ₹0.0 Mil. Suumaya's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹21.4 Mil. Hence, Suumaya's Days Inventory for the six months ended in Sep. 2023 was 0.00.

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

BOM:543274' s Days Inventory Range Over the Past 10 Years
Min: 17.24 Med: 34.71 Max: 409.12
Current: 409.12

During the past 4 years, Suumaya's highest Days Inventory was 409.12. The lowest was 17.24. And the median was 34.71.

BOM:543274's Days Inventory is ranked worse than
93.87% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.41 vs BOM:543274: 409.12

Suumaya's Days Inventory declined from Sep. 2022 (347.78) to Sep. 2023 (0.00).

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.

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. Suumaya's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.

Suumaya Days Inventory Historical Data

The historical data trend for Suumaya'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.

Suumaya Days Inventory Chart

Suumaya Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

27.19

42.22

17.24

340.36

Suumaya Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			12.45	140.29	347.78	152.93	-

Competitive Comparison of Suumaya's Days Inventory

For the Textile Manufacturing subindustry, Suumaya'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.

Suumaya's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Suumaya's Days Inventory distribution charts can be found below:

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

Suumaya Days Inventory Calculation

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

Suumaya'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
=	( (707.2	+	0)	/	1 )	/	758.4	*	365
=	707.2					/	758.4	*	365
=	340.36

Suumaya's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	21.4	*	365 / 2
=	0					/	21.4	*	365 / 2
=	0.00

Suumaya (BOM:543274) 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.

Suumaya's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	21.4	/	0
	=

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.

Suumaya's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	24.6
	=	0.00

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.

Suumaya Days Inventory Related Terms

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

Suumaya (BOM:543274) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Suumaya Corp Ltd (BOM:543274) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Western Express Highway, Wing A,B and F, Unit No. 2001,2002, 20th Floor, Lotus Corporate Park, Goregaon East, Mumbai, MH, IND, 400063

Website

http://www.key2elements.com

Suumaya Corp Ltd is engaged in the trading business of Polymers and Textile products. The company has a single business segment which is trading business.

Suumaya (BOM:543274) Headlines

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