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Shree Karthik Papers (BOM:516106) Days Inventory : 68.82 (As of Dec. 2023)


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What is Shree Karthik Papers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shree Karthik Papers's Average Total Inventories for the three months ended in Dec. 2023 was ₹66.6 Mil. Shree Karthik Papers's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹88.3 Mil. Hence, Shree Karthik Papers's Days Inventory for the three months ended in Dec. 2023 was 68.82.

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

BOM:516106' s Days Inventory Range Over the Past 10 Years
Min: 54.49   Med: 174.09   Max: 207.89
Current: 69.99

During the past 13 years, Shree Karthik Papers's highest Days Inventory was 207.89. The lowest was 54.49. And the median was 174.09.

BOM:516106's Days Inventory is ranked better than
67.87% of 277 companies
in the Forest Products industry
Industry Median: 87.89 vs BOM:516106: 69.99

Shree Karthik Papers's Days Inventory declined from Dec. 2022 (74.56) to Dec. 2023 (68.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shree Karthik Papers's Inventory Turnover for the three months ended in Dec. 2023 was 1.33.

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. Shree Karthik Papers's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.45.


Shree Karthik Papers Days Inventory Historical Data

The historical data trend for Shree Karthik 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.

Shree Karthik Papers Days Inventory Chart

Shree Karthik Papers Annual Data
Trend Jun13 Jun14 Jun15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.35 63.51 207.89 101.06 54.49

Shree Karthik 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 74.56 51.38 58.32 67.47 68.82

Competitive Comparison of Shree Karthik Papers's Days Inventory

For the Paper & Paper Products subindustry, Shree Karthik 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.


Shree Karthik Papers's Days Inventory Distribution in the Forest Products Industry

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

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



Shree Karthik Papers Days Inventory Calculation

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

Shree Karthik 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
=( (103.893 + 87.797) / 2 ) / 641.993*365
=95.845 / 641.993*365
=54.49

Shree Karthik 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
=( (66.59 + 0) / 1 ) / 88.296*365 / 4
=66.59 / 88.296*365 / 4
=68.82

* 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.


Shree Karthik Papers  (BOM:516106) 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.

Shree Karthik 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.

Shree Karthik 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.


Shree Karthik Papers Days Inventory Related Terms

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


Shree Karthik Papers (BOM:516106) Business Description

Traded in Other Exchanges
N/A
Address
No. 25, 50 Feet Road, Krishnasamy Nagar, Ramanathapuram, Coimbatore, TN, IND, 641045
Shree Karthik Papers Ltd is is engaged in manufacturing and selling writing and printing paper and paperboard products. The company operates through the only segment being Manufacturing of paper products.

Shree Karthik Papers (BOM:516106) Headlines

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