Days Inventory is also known as Days Sales of Inventory (DSI). DCM Shriram's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹14,164 Mil. DCM Shriram's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹19,498 Mil.
Hence, DCM Shriram's Days Inventory for the
three
months ended in Dec. 2023 was 66.29.
The historical rank and industry rank for DCM Shriram's Days Inventory or its related term are showing as below:
BOM:523367'
s Days Inventory Range Over the Past 10 Years
Min: 77.92 Med: 120.84 Max: 145.57
Current: 77.92
During the past 13 years, DCM Shriram's highest Days Inventory was 145.57. The lowest was 77.92. And the median was 120.84.
BOM:523367's Days Inventory is ranked better than 53.95% of 1492
companies
in the Chemicals industry
Industry Median: 83.25
vs BOM:523367: 77.92
DCM Shriram's Days Inventory
increased
from Dec. 2022 (62.91) to Dec. 2023 (66.29).
It might indicate that DCM Shriram's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
DCM Shriram's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.38.
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.
DCM Shriram's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.47.
DCM Shriram Days Inventory Historical Data
The historical data trend for DCM Shriram'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.
Competitive Comparison of DCM Shriram's Days Inventory
For the Specialty Chemicals subindustry, DCM Shriram'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.
DCM Shriram's Days Inventory Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, DCM Shriram's Days Inventory distribution charts can be found below:
* The bar in red indicates where DCM Shriram's Days Inventory falls into.
DCM Shriram Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
DCM Shriram's Days Inventory for the fiscal year that ended in Mar. 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.
DCM Shriram (BOM:523367) 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.
DCM Shriram'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.
DCM Shriram'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.
DCM Shriram Days Inventory Related Terms
Thank you for viewing the detailed overview of DCM Shriram's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
DCM Shriram Ltd is an Indian conglomerate company which comprises of Agri-Rural, Chlor-Vinyl and value-added businesses. The company's business activities include the manufacture of fertilisers and pesticides, basic inorganic chemicals N.E.C and refining sugar. The company produces Urea & SSP fertilisers, sugar, farm inputs such as DAP, caustic soda, chlorine, calcium carbide, PVC resins, PVC compounds, power, and cement. Its Agri-input business produces hybrid seeds, pesticides, Bulk fertilizers, micro-nutrients and other value-added inputs. In addition, company engaged in research, production, processing, extension activities and marketing. The company manages its business in six segments; Fertilisers, Chloro-Vinyl, Shriram Farm solution, Bioseed, Sugar, and others.
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