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Tainwala Chemical and Plastic (I) (BOM:507785) Days Inventory : 431.12 (As of Mar. 2024)


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What is Tainwala Chemical and Plastic (I) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tainwala Chemical and Plastic (I)'s Average Total Inventories for the three months ended in Mar. 2024 was ₹14.4 Mil. Tainwala Chemical and Plastic (I)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3.1 Mil. Hence, Tainwala Chemical and Plastic (I)'s Days Inventory for the three months ended in Mar. 2024 was 431.12.

The historical rank and industry rank for Tainwala Chemical and Plastic (I)'s Days Inventory or its related term are showing as below:

BOM:507785' s Days Inventory Range Over the Past 10 Years
Min: 44.33   Med: 177.82   Max: 338.01
Current: 68.4

During the past 13 years, Tainwala Chemical and Plastic (I)'s highest Days Inventory was 338.01. The lowest was 44.33. And the median was 177.82.

BOM:507785's Days Inventory is ranked better than
73.9% of 1494 companies
in the Chemicals industry
Industry Median: 82.18 vs BOM:507785: 68.40

Tainwala Chemical and Plastic (I)'s Days Inventory increased from Mar. 2023 (24.94) to Mar. 2024 (431.12). It might indicate that Tainwala Chemical and Plastic (I)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tainwala Chemical and Plastic (I)'s Inventory Turnover for the three months ended in Mar. 2024 was 0.21.

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. Tainwala Chemical and Plastic (I)'s Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.83.


Tainwala Chemical and Plastic (I) Days Inventory Historical Data

The historical data trend for Tainwala Chemical and Plastic (I)'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.

Tainwala Chemical and Plastic (I) Days Inventory Chart

Tainwala Chemical and Plastic (I) 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 208.66 284.78 249.20 93.47 44.33

Tainwala Chemical and Plastic (I) 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 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 24.94 36.28 81.07 121.79 431.12

Competitive Comparison of Tainwala Chemical and Plastic (I)'s Days Inventory

For the Specialty Chemicals subindustry, Tainwala Chemical and Plastic (I)'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.


Tainwala Chemical and Plastic (I)'s Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tainwala Chemical and Plastic (I)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Tainwala Chemical and Plastic (I)'s Days Inventory falls into.



Tainwala Chemical and Plastic (I) Days Inventory Calculation

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

Tainwala Chemical and Plastic (I)'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
=( (24.087 + 14.429) / 2 ) / 158.567*365
=19.258 / 158.567*365
=44.33

Tainwala Chemical and Plastic (I)'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 + 14.429) / 1 ) / 3.054*365 / 4
=14.429 / 3.054*365 / 4
=431.12

* 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.


Tainwala Chemical and Plastic (I)  (BOM:507785) 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.

Tainwala Chemical and Plastic (I)'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.

Tainwala Chemical and Plastic (I)'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.


Tainwala Chemical and Plastic (I) Days Inventory Related Terms

Thank you for viewing the detailed overview of Tainwala Chemical and Plastic (I)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Tainwala Chemical and Plastic (I) (BOM:507785) Business Description

Traded in Other Exchanges
Address
Road No. 18, M.I.D.C., Marol, Tainwala House, Andheri (East), Mumbai, MH, IND, 400093
Tainwala Chemical and Plastic (I) Ltd is engaged in the business of manufacturing extruded plastic sheets of various polymers like polyvinyl chloride (PVC), polypropylene (PP), PP glass laminated (PPGL), high-density polyethylene (HDPE) and acrylonitrile-butadiene-styrene (ABS). Its other product includes Tainclear-PVC Rigid Sheets, Tainflex-PVC Flexible (Plasticized) Sheets, and Tainpack-PVC Foils. The company operates through two segments: Plastic Sheets and Securities trading and all its businesses are operating only in India. The firm generates its majority revenue from the Plastic Sheets segment.

Tainwala Chemical and Plastic (I) (BOM:507785) Headlines

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