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Gujarat State Fertilizers & Chemicals (NSE:GSFC) Days Inventory : 73.91 (As of Dec. 2023)


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What is Gujarat State Fertilizers & Chemicals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gujarat State Fertilizers & Chemicals's Average Total Inventories for the three months ended in Dec. 2023 was ₹9,868 Mil. Gujarat State Fertilizers & Chemicals's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹12,184 Mil. Hence, Gujarat State Fertilizers & Chemicals's Days Inventory for the three months ended in Dec. 2023 was 73.91.

The historical rank and industry rank for Gujarat State Fertilizers & Chemicals's Days Inventory or its related term are showing as below:

NSE:GSFC' s Days Inventory Range Over the Past 10 Years
Min: 49.93   Med: 75.21   Max: 102.9
Current: 80.44

During the past 13 years, Gujarat State Fertilizers & Chemicals's highest Days Inventory was 102.90. The lowest was 49.93. And the median was 75.21.

NSE:GSFC's Days Inventory is ranked better than
67.25% of 229 companies
in the Agriculture industry
Industry Median: 111.24 vs NSE:GSFC: 80.44

Gujarat State Fertilizers & Chemicals's Days Inventory increased from Dec. 2022 (64.77) to Dec. 2023 (73.91). It might indicate that Gujarat State Fertilizers & Chemicals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gujarat State Fertilizers & Chemicals's Inventory Turnover for the three months ended in Dec. 2023 was 1.23.

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. Gujarat State Fertilizers & Chemicals's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.49.


Gujarat State Fertilizers & Chemicals Days Inventory Historical Data

The historical data trend for Gujarat State Fertilizers & Chemicals'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.

Gujarat State Fertilizers & Chemicals Days Inventory Chart

Gujarat State Fertilizers & Chemicals 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 79.71 102.90 86.87 81.66 71.37

Gujarat State Fertilizers & Chemicals 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 64.77 85.26 91.21 42.95 73.91

Competitive Comparison of Gujarat State Fertilizers & Chemicals's Days Inventory

For the Agricultural Inputs subindustry, Gujarat State Fertilizers & Chemicals'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.


Gujarat State Fertilizers & Chemicals's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Gujarat State Fertilizers & Chemicals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gujarat State Fertilizers & Chemicals's Days Inventory falls into.



Gujarat State Fertilizers & Chemicals Days Inventory Calculation

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

Gujarat State Fertilizers & Chemicals'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
=( (13915.383 + 13237.1) / 2 ) / 69429.5*365
=13576.2415 / 69429.5*365
=71.37

Gujarat State Fertilizers & Chemicals'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
=( (9868.2 + 0) / 1 ) / 12183.7*365 / 4
=9868.2 / 12183.7*365 / 4
=73.91

* 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.


Gujarat State Fertilizers & Chemicals  (NSE:GSFC) 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.

Gujarat State Fertilizers & Chemicals'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.

Gujarat State Fertilizers & Chemicals'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.


Gujarat State Fertilizers & Chemicals Days Inventory Related Terms

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


Gujarat State Fertilizers & Chemicals (NSE:GSFC) Business Description

Traded in Other Exchanges
Address
P.O. Fertilizernagar, Vadodara, GJ, IND, 391750
Gujarat State Fertilizers & Chemicals Ltd is a manufacturer of fertilizers and chemicals. It is structured into two operating business segments: Fertilizer Products and Industrial Products. The company operates mainly in the Indian market and there are no reportable geographical segments. It derives the majority of its revenue from the Fertilizer products segment. The products and services covered under its Fertilizer segment include Urea, Ammonium Sulphate, Di-ammonium Phosphate, Ammonium Phosphate Sulphate, and traded fertilizer products. The Industrial Products consist of Caprolactam, Nylon-6, Nylon Filament Yarn, Nylon Chips, Melamine, Methanol, and Polymer products.

Gujarat State Fertilizers & Chemicals (NSE:GSFC) Headlines

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