Sun Pharmaceuticals Industries (NSE:SUNPHARMA) Days Inventory : 378.29 (As of Mar. 2024)

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What is Sun Pharmaceuticals Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sun Pharmaceuticals Industries's Average Total Inventories for the three months ended in Mar. 2024 was ₹98,683 Mil. Sun Pharmaceuticals Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹23,804 Mil. Hence, Sun Pharmaceuticals Industries's Days Inventory for the three months ended in Mar. 2024 was 378.29.

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

NSE:SUNPHARMA' s Days Inventory Range Over the Past 10 Years
Min: 206.3 Med: 296.26 Max: 348.84
Current: 346.17

During the past 13 years, Sun Pharmaceuticals Industries's highest Days Inventory was 348.84. The lowest was 206.30. And the median was 296.26.

NSE:SUNPHARMA's Days Inventory is ranked worse than
87.63% of 970 companies
in the Drug Manufacturers industry
Industry Median: 160.6 vs NSE:SUNPHARMA: 346.17

Sun Pharmaceuticals Industries's Days Inventory declined from Mar. 2023 (426.32) to Mar. 2024 (378.29).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sun Pharmaceuticals Industries's Inventory Turnover for the three months ended in Mar. 2024 was 0.24.

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. Sun Pharmaceuticals Industries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.84.

Sun Pharmaceuticals Industries Days Inventory Historical Data

The historical data trend for Sun Pharmaceuticals Industries'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.

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Sun Pharmaceuticals Industries Days Inventory Chart

Sun Pharmaceuticals Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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274.69

311.48

317.24

333.94

348.84

Sun Pharmaceuticals Industries 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															426.32	347.81	325.98	331.95	378.29

Competitive Comparison of Sun Pharmaceuticals Industries's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Sun Pharmaceuticals Industries'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.

Sun Pharmaceuticals Industries's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sun Pharmaceuticals Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sun Pharmaceuticals Industries's Days Inventory falls into.

Sun Pharmaceuticals Industries Days Inventory Calculation

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

Sun Pharmaceuticals Industries'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
=	( (105130.5	+	98682.9)	/	2 )	/	106626.1	*	365
=	101906.7					/	106626.1	*	365
=	348.84

Sun Pharmaceuticals Industries'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	+	98682.9)	/	1 )	/	23804.1	*	365 / 4
=	98682.9					/	23804.1	*	365 / 4
=	378.29

Sun Pharmaceuticals Industries (NSE:SUNPHARMA) 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.

Sun Pharmaceuticals Industries's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	23804.1	/	98682.9
	=	0.24

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.

Sun Pharmaceuticals Industries's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	98682.9	/	118133.3
	=	0.84

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.

Sun Pharmaceuticals Industries Days Inventory Related Terms

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

Sun Pharmaceuticals Industries (NSE:SUNPHARMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sun Pharmaceuticals Industries Ltd (NSE:SUNPHARMA) » Definitions » Days Inventory

Traded in Other Exchanges

524715:India

Address

Western Express Highway, Sun House, Plot No. 201 B/1, Goregaon (East), Mumbai, MH, IND, 400 063

Website

https://www.sunpharma.com

Sun Pharmaceuticals Industries Ltd is India's largest generic pharmaceutical manufacturer and the fourth largest in the world. The company's largest markets are the U.S. and India to make up the majority of revenue. The remaining is spread across both emerging and developed markets. In addition to generics, the company also produces and distributes name-brand formulas to specific geographies. It maintains manufacturing and research and development facilities globally to serve its markets but is primarily based in India.

Sun Pharmaceuticals Industries (NSE:SUNPHARMA) Headlines

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