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Navin Fluorine International (NSE:NAVINFLUOR) Days Inventory : 113.29 (As of Mar. 2024)


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What is Navin Fluorine International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Navin Fluorine International's Average Total Inventories for the three months ended in Mar. 2024 was ₹3,717 Mil. Navin Fluorine International's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,993 Mil. Hence, Navin Fluorine International's Days Inventory for the three months ended in Mar. 2024 was 113.29.

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

NSE:NAVINFLUOR' s Days Inventory Range Over the Past 10 Years
Min: 81.62   Med: 96.55   Max: 210.6
Current: 210.6

During the past 13 years, Navin Fluorine International's highest Days Inventory was 210.60. The lowest was 81.62. And the median was 96.55.

NSE:NAVINFLUOR's Days Inventory is ranked worse than
89.89% of 1493 companies
in the Chemicals industry
Industry Median: 82.59 vs NSE:NAVINFLUOR: 210.60

Navin Fluorine International's Days Inventory declined from Dec. 2022 (128.77) to Mar. 2024 (113.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. Navin Fluorine International's Inventory Turnover for the three months ended in Mar. 2024 was 0.81.

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. Navin Fluorine International's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.62.


Navin Fluorine International Days Inventory Historical Data

The historical data trend for Navin Fluorine International'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.

Navin Fluorine International Days Inventory Chart

Navin Fluorine International 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 96.02 108.44 113.08 147.80 163.84

Navin Fluorine International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 128.77 150.55 202.51 169.02 113.29

Competitive Comparison of Navin Fluorine International's Days Inventory

For the Chemicals subindustry, Navin Fluorine International'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.


Navin Fluorine International's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Navin Fluorine International's Days Inventory falls into.



Navin Fluorine International Days Inventory Calculation

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

Navin Fluorine International'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
=( (4681.2 + 3716.5) / 2 ) / 9354.3*365
=4198.85 / 9354.3*365
=163.84

Navin Fluorine International'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 + 3716.5) / 1 ) / 2993.4*365 / 4
=3716.5 / 2993.4*365 / 4
=113.29

* 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.


Navin Fluorine International  (NSE:NAVINFLUOR) 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.

Navin Fluorine International'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.

Navin Fluorine International'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.


Navin Fluorine International Days Inventory Related Terms

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


Navin Fluorine International (NSE:NAVINFLUOR) Business Description

Traded in Other Exchanges
Address
194, Sir Mathuradas Vasanji Road, Near Western Express Highway, Office No. 602, 6th Floor, Natraj by Rustomjee, Andheri (East), Mumbai, MH, IND, 400069
Navin Fluorine International Ltd is engaged in the chemicals business. Its business units include Refrigeration, Inorganic Fluorides, Specialty Fluorochemicals, and Contract Research and Manufacturing Services. The Company operates only in one Business Segment i.e. 'Chemical Business' which constitutes a single reporting segment. Geographically, the company generates a majority of its revenue from Outside India.

Navin Fluorine International (NSE:NAVINFLUOR) Headlines

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