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Polymechplast Machines (BOM:526043) Days Inventory : 130.78 (As of Dec. 2023)


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What is Polymechplast Machines Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Polymechplast Machines's Average Total Inventories for the three months ended in Dec. 2023 was ₹141.0 Mil. Polymechplast Machines's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹98.4 Mil. Hence, Polymechplast Machines's Days Inventory for the three months ended in Dec. 2023 was 130.78.

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

BOM:526043' s Days Inventory Range Over the Past 10 Years
Min: 70.52   Med: 100.86   Max: 166.23
Current: 114.76

During the past 13 years, Polymechplast Machines's highest Days Inventory was 166.23. The lowest was 70.52. And the median was 100.86.

BOM:526043's Days Inventory is ranked better than
52.7% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs BOM:526043: 114.76

Polymechplast Machines's Days Inventory declined from Dec. 2022 (134.72) to Dec. 2023 (130.78).

Inventory Turnover measures how fast the company turns over its inventory within a year. Polymechplast Machines's Inventory Turnover for the three months ended in Dec. 2023 was 0.70.

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. Polymechplast Machines's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.06.


Polymechplast Machines Days Inventory Historical Data

The historical data trend for Polymechplast Machines'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.

Polymechplast Machines Days Inventory Chart

Polymechplast Machines 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 85.14 133.28 92.40 70.52 92.91

Polymechplast Machines 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 134.72 79.54 128.15 113.99 130.78

Competitive Comparison of Polymechplast Machines's Days Inventory

For the Specialty Industrial Machinery subindustry, Polymechplast Machines'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.


Polymechplast Machines's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Polymechplast Machines's Days Inventory falls into.



Polymechplast Machines Days Inventory Calculation

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

Polymechplast Machines'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
=( (127.193 + 134.509) / 2 ) / 514.08*365
=130.851 / 514.08*365
=92.91

Polymechplast Machines'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
=( (140.963 + 0) / 1 ) / 98.352*365 / 4
=140.963 / 98.352*365 / 4
=130.78

* 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.


Polymechplast Machines  (BOM:526043) 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.

Polymechplast Machines'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.

Polymechplast Machines'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.


Polymechplast Machines Days Inventory Related Terms

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


Polymechplast Machines (BOM:526043) Business Description

Traded in Other Exchanges
N/A
Address
Gold Coin House, 775, GIDC-Makarpura Industrial Estate, Vadodara, GJ, IND, 390 010
Polymechplast Machines Ltd is engaged in the manufacturing of plastic processing machinery. Geographically, it derives a majority of its revenue from India. Its product portfolio includes single-color thermoplastic injection molding, thin wall molding series, extrusion blow molding, injection blow, insert molding, and others.

Polymechplast Machines (BOM:526043) Headlines

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