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Sah Polymers (NSE:SAH) Days Inventory : 136.71 (As of Mar. 2024)


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What is Sah Polymers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sah Polymers's Average Total Inventories for the three months ended in Mar. 2024 was ₹299 Mil. Sah Polymers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹200 Mil. Hence, Sah Polymers's Days Inventory for the three months ended in Mar. 2024 was 136.71.

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

NSE:SAH' s Days Inventory Range Over the Past 10 Years
Min: 53.55   Med: 69.04   Max: 160.08
Current: 160.08

During the past 5 years, Sah Polymers's highest Days Inventory was 160.08. The lowest was 53.55. And the median was 69.04.

NSE:SAH's Days Inventory is ranked worse than
87.05% of 363 companies
in the Packaging & Containers industry
Industry Median: 77.76 vs NSE:SAH: 160.08

Sah Polymers's Days Inventory declined from Mar. 2023 (236.66) to Mar. 2024 (136.71).

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. Sah Polymers's Inventory Turnover for the three months ended in Mar. 2024 was 0.67.

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. Sah Polymers's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.92.


Sah Polymers Days Inventory Historical Data

The historical data trend for Sah Polymers'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.

Sah Polymers Days Inventory Chart

Sah Polymers Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
61.06 53.55 69.04 130.81 154.33

Sah Polymers Quarterly Data
Mar20 Mar21 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 236.66 176.95 166.93 180.47 136.71

Competitive Comparison of Sah Polymers's Days Inventory

For the Packaging & Containers subindustry, Sah Polymers'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.


Sah Polymers's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sah Polymers's Days Inventory distribution charts can be found below:

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



Sah Polymers Days Inventory Calculation

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

Sah Polymers'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
=( (255.136 + 299.027) / 2 ) / 655.297*365
=277.0815 / 655.297*365
=154.33

Sah Polymers'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 + 299.027) / 1 ) / 199.594*365 / 4
=299.027 / 199.594*365 / 4
=136.71

* 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.


Sah Polymers  (NSE:SAH) 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.

Sah Polymers'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.

Sah Polymers'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.


Sah Polymers Days Inventory Related Terms

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


Sah Polymers (NSE:SAH) Business Description

Traded in Other Exchanges
Address
E-260-261 Mewar Industrial Area, Opp UCCI, Madri, Udaipur, RJ, IND, 313003
Sah Polymers Ltd is engaged in manufacturing and selling Polypropylene (PP)/High-Density Polyethylene (HDPE) FIBC Bags, Woven Sacks, HDPE/LLDPE/PP woven fabrics, and woven polymers. It offers customized bulk packaging solutions to business-to-business manufacturers catering to different industries such as agro pesticides industry, basic drug industry, cement industry, cattle feed industry, chemical industry, metal industry, food products industry, textile industry, fertilizer industry, tyre Industry, and many more.