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Cochin Minerals & Rutile (BOM:513353) Days Inventory : 276.12 (As of Dec. 2023)


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What is Cochin Minerals & Rutile Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cochin Minerals & Rutile's Average Total Inventories for the three months ended in Dec. 2023 was ₹914 Mil. Cochin Minerals & Rutile's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹302 Mil. Hence, Cochin Minerals & Rutile's Days Inventory for the three months ended in Dec. 2023 was 276.12.

The historical rank and industry rank for Cochin Minerals & Rutile's Days Inventory or its related term are showing as below:

BOM:513353' s Days Inventory Range Over the Past 10 Years
Min: 55.56   Med: 165.47   Max: 336.32
Current: 133.33

During the past 13 years, Cochin Minerals & Rutile's highest Days Inventory was 336.32. The lowest was 55.56. And the median was 165.47.

BOM:513353's Days Inventory is ranked worse than
72.7% of 663 companies
in the Metals & Mining industry
Industry Median: 88.64 vs BOM:513353: 133.33

Cochin Minerals & Rutile's Days Inventory increased from Dec. 2022 (144.14) to Dec. 2023 (276.12). It might indicate that Cochin Minerals & Rutile's sales slowed down.

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. Cochin Minerals & Rutile's Inventory Turnover for the three months ended in Dec. 2023 was 0.33.

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. Cochin Minerals & Rutile's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.11.


Cochin Minerals & Rutile Days Inventory Historical Data

The historical data trend for Cochin Minerals & Rutile'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.

Cochin Minerals & Rutile Days Inventory Chart

Cochin Minerals & Rutile 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 154.22 131.05 98.05 62.14 55.56

Cochin Minerals & Rutile 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 144.14 27.67 111.03 468.95 276.12

Competitive Comparison of Cochin Minerals & Rutile's Days Inventory

For the Other Industrial Metals & Mining subindustry, Cochin Minerals & Rutile'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.


Cochin Minerals & Rutile's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cochin Minerals & Rutile's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cochin Minerals & Rutile's Days Inventory falls into.



Cochin Minerals & Rutile Days Inventory Calculation

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

Cochin Minerals & Rutile'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
=( (508.825 + 368.81) / 2 ) / 2882.968*365
=438.8175 / 2882.968*365
=55.56

Cochin Minerals & Rutile'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
=( (914.042 + 0) / 1 ) / 302.064*365 / 4
=914.042 / 302.064*365 / 4
=276.12

* 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.


Cochin Minerals & Rutile  (BOM:513353) 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.

Cochin Minerals & Rutile'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.

Cochin Minerals & Rutile'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.


Cochin Minerals & Rutile Days Inventory Related Terms

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


Cochin Minerals & Rutile (BOM:513353) Business Description

Traded in Other Exchanges
N/A
Address
VIII/224, Market Road, Post Box No. 73, Alwaye, KL, IND, 683 101
Cochin Minerals & Rutile Ltd is an export-oriented unit in the mineral processing sector. The principal business activities of the company are manufacturing, research and marketing of aqua ferric chloride. Its by-product offerings include beneficiated ilmenite (synthetic rutile), ferric chloride, ferrous chloride, cemox, iron hydroxide, and recovered TiO2. The company's main product synthetic rutile is used in titanium pigment and titanium sponge/metal industry.

Cochin Minerals & Rutile (BOM:513353) Headlines

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