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Gujarat Containers (BOM:513507) Days Inventory : 27.12 (As of Mar. 2024)


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What is Gujarat Containers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gujarat Containers's Average Total Inventories for the three months ended in Mar. 2024 was ₹80 Mil. Gujarat Containers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹269 Mil. Hence, Gujarat Containers's Days Inventory for the three months ended in Mar. 2024 was 27.12.

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

BOM:513507' s Days Inventory Range Over the Past 10 Years
Min: 25.67   Med: 52.49   Max: 95.71
Current: 33.94

During the past 13 years, Gujarat Containers's highest Days Inventory was 95.71. The lowest was 25.67. And the median was 52.49.

BOM:513507's Days Inventory is ranked better than
92.66% of 368 companies
in the Packaging & Containers industry
Industry Median: 77.505 vs BOM:513507: 33.94

Gujarat Containers's Days Inventory declined from Mar. 2023 (33.63) to Mar. 2024 (27.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gujarat Containers's Inventory Turnover for the three months ended in Mar. 2024 was 3.37.

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. Gujarat Containers's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.22.


Gujarat Containers Days Inventory Historical Data

The historical data trend for Gujarat Containers'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.

Gujarat Containers Days Inventory Chart

Gujarat Containers 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 66.91 44.03 25.67 35.16 29.31

Gujarat Containers 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 33.63 33.85 37.63 34.86 27.12

Competitive Comparison of Gujarat Containers's Days Inventory

For the Packaging & Containers subindustry, Gujarat Containers'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.


Gujarat Containers's Days Inventory Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Gujarat Containers's Days Inventory falls into.



Gujarat Containers Days Inventory Calculation

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

Gujarat Containers'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
=( (87.186 + 79.791) / 2 ) / 1039.789*365
=83.4885 / 1039.789*365
=29.31

Gujarat Containers'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 + 79.791) / 1 ) / 268.516*365 / 4
=79.791 / 268.516*365 / 4
=27.12

* 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.


Gujarat Containers  (BOM:513507) 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.

Gujarat Containers'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.

Gujarat Containers'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.


Gujarat Containers Days Inventory Related Terms

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


Gujarat Containers (BOM:513507) Business Description

Traded in Other Exchanges
N/A
Address
R.C.Dutt Road, 201/202, Alkapuri Arcade, B Wing, Opposite Welcome Hotel, Alkapuri, Vadodara, GJ, IND, 390007
Gujarat Containers Ltd is a container manufacturing company. It is engaged in the manufacturing of various types of barrels. Its products include galvanized, epoxy, composite, all side welded, open-top, M.S. plain, non-return valve, HMHDPE, and GP sheet barrels, as well as carboys and liners, and jerry cans. The company offers its products for applications in various industries, including a plethora of chemicals; agrochemicals, aromatic products; paints, coatings, and dyestuff; food products; petroleum products and their by-products; lubricating oils; pharmaceutical; hazardous chemicals; and resins. The company operates in one operating segment namely, the business of manufacturing steel barrels.

Gujarat Containers (BOM:513507) Headlines

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