Shilp Gravures (BOM:513709) Days Inventory : 106.89 (As of Dec. 2023)

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What is Shilp Gravures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shilp Gravures's Average Total Inventories for the three months ended in Dec. 2023 was ₹75.0 Mil. Shilp Gravures's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹64.0 Mil. Hence, Shilp Gravures's Days Inventory for the three months ended in Dec. 2023 was 106.89.

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

BOM:513709' s Days Inventory Range Over the Past 10 Years
Min: 72.68 Med: 95.06 Max: 143.48
Current: 72.68

During the past 13 years, Shilp Gravures's highest Days Inventory was 143.48. The lowest was 72.68. And the median was 95.06.

BOM:513709's Days Inventory is ranked better than
77.88% of 2912 companies
in the Industrial Products industry
Industry Median: 120.56 vs BOM:513709: 72.68

Shilp Gravures's Days Inventory declined from Dec. 2022 (119.66) to Dec. 2023 (106.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shilp Gravures's Inventory Turnover for the three months ended in Dec. 2023 was 0.85.

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. Shilp Gravures's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.38.

Shilp Gravures Days Inventory Historical Data

The historical data trend for Shilp Gravures'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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Shilp Gravures Days Inventory Chart

Shilp Gravures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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88.30

106.95

101.82

83.24

74.41

Shilp Gravures 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															119.66	39.06	100.03	85.76	106.89

Competitive Comparison of Shilp Gravures's Days Inventory

For the Specialty Industrial Machinery subindustry, Shilp Gravures'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.

Shilp Gravures's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shilp Gravures's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shilp Gravures's Days Inventory falls into.

Shilp Gravures Days Inventory Calculation

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

Shilp Gravures'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
=	( (80.242	+	75.708)	/	2 )	/	382.476	*	365
=	77.975					/	382.476	*	365
=	74.41

Shilp Gravures'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
=	( (74.951	+	0)	/	1 )	/	63.985	*	365 / 4
=	74.951					/	63.985	*	365 / 4
=	106.89

Shilp Gravures (BOM:513709) 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.

Shilp Gravures's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	63.985	/	74.951
	=	0.85

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.

Shilp Gravures's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	74.951	/	198.757
	=	0.38

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.

Shilp Gravures Days Inventory Related Terms

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

Shilp Gravures (BOM:513709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shilp Gravures Ltd (BOM:513709) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maple Trade Center, 7th Floor, 715 to 717, Near Surdhara Circle, Thaltej, Ahmedabad, GJ, IND, 380058

Website

https://www.shilpgravures.com

Shilp Gravures Ltd is an India-based company, which offers engraved copper rollers and printing plates. It serves various sections of the gravure industry, such as flexible packaging, Anilox rollers, polyvinyl chloride (PVC) flooring, artificial leather, gift wrapper, security printing, and transfer printing. The company's segments includes manufacture of engraved copper rollers and energy generation through wind mill. The Engraved Copper Roller segment derives the majority revenue engaged in the manufacture of engraved copper rollers. The Wind Mill segment is engaged in energy generation through the windmill.

Shilp Gravures (BOM:513709) Headlines

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