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Sangal Papers (BOM:516096) Days Inventory : 55.05 (As of Dec. 2023)


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What is Sangal Papers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sangal Papers's Average Total Inventories for the three months ended in Dec. 2023 was ₹236 Mil. Sangal Papers's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹391 Mil. Hence, Sangal Papers's Days Inventory for the three months ended in Dec. 2023 was 55.05.

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

BOM:516096' s Days Inventory Range Over the Past 10 Years
Min: 35.08   Med: 48.63   Max: 215.62
Current: 47.46

During the past 13 years, Sangal Papers's highest Days Inventory was 215.62. The lowest was 35.08. And the median was 48.63.

BOM:516096's Days Inventory is ranked better than
83.75% of 277 companies
in the Forest Products industry
Industry Median: 88.39 vs BOM:516096: 47.46

Sangal Papers's Days Inventory increased from Dec. 2022 (40.20) to Dec. 2023 (55.05). It might indicate that Sangal Papers's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sangal Papers's Inventory Turnover for the three months ended in Dec. 2023 was 1.66.

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. Sangal Papers's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.52.


Sangal Papers Days Inventory Historical Data

The historical data trend for Sangal Papers'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.

Sangal Papers Days Inventory Chart

Sangal Papers 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 43.95 49.96 55.20 40.56 35.08

Sangal Papers 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 40.20 38.05 46.69 50.83 55.05

Competitive Comparison of Sangal Papers's Days Inventory

For the Paper & Paper Products subindustry, Sangal Papers'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.


Sangal Papers's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sangal Papers's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sangal Papers's Days Inventory falls into.



Sangal Papers Days Inventory Calculation

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

Sangal Papers'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
=( (165.369 + 222.378) / 2 ) / 2016.969*365
=193.8735 / 2016.969*365
=35.08

Sangal Papers'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
=( (236.078 + 0) / 1 ) / 391.313*365 / 4
=236.078 / 391.313*365 / 4
=55.05

* 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.


Sangal Papers  (BOM:516096) 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.

Sangal Papers'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.

Sangal Papers'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.


Sangal Papers Days Inventory Related Terms

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


Sangal Papers (BOM:516096) Business Description

Traded in Other Exchanges
N/A
Address
22km stone, Meerut-Mawana road, Village Bhainsa, Mawana, Meerut, UP, IND, 250401
Sangal Papers Ltd is an India-based company. Its principal business activity is the manufacturing and trading of paper and paper products. The product line of the company includes envelope papers, ribbed papers, packing and lamination papers, scrapbook and crafts paper, color paper, writing and printing paper, stationery papers, newsprint papers, and others. The company sells its products in India and also exports it to international countries, of which a majority of the revenue is derived from sales made in India.

Sangal Papers (BOM:516096) Headlines

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