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Tinna Rubber & Infrastructure (BOM:530475) Days Inventory : 66.92 (As of Mar. 2024)


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What is Tinna Rubber & Infrastructure Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tinna Rubber & Infrastructure's Average Total Inventories for the three months ended in Mar. 2024 was ₹436 Mil. Tinna Rubber & Infrastructure's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹595 Mil. Hence, Tinna Rubber & Infrastructure's Days Inventory for the three months ended in Mar. 2024 was 66.92.

The historical rank and industry rank for Tinna Rubber & Infrastructure's Days Inventory or its related term are showing as below:

BOM:530475' s Days Inventory Range Over the Past 10 Years
Min: 67.14   Med: 127   Max: 362.86
Current: 92.26

During the past 13 years, Tinna Rubber & Infrastructure's highest Days Inventory was 362.86. The lowest was 67.14. And the median was 127.00.

BOM:530475's Days Inventory is ranked worse than
56.24% of 1490 companies
in the Chemicals industry
Industry Median: 81.62 vs BOM:530475: 92.26

Tinna Rubber & Infrastructure's Days Inventory declined from Dec. 2022 (77.24) to Mar. 2024 (66.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tinna Rubber & Infrastructure's Inventory Turnover for the three months ended in Mar. 2024 was 1.36.

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. Tinna Rubber & Infrastructure's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.40.


Tinna Rubber & Infrastructure Days Inventory Historical Data

The historical data trend for Tinna Rubber & Infrastructure'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.

Tinna Rubber & Infrastructure Days Inventory Chart

Tinna Rubber & Infrastructure Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.68 139.16 86.50 71.63 73.71

Tinna Rubber & Infrastructure Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 77.24 78.14 77.23 62.46 66.92

Competitive Comparison of Tinna Rubber & Infrastructure's Days Inventory

For the Specialty Chemicals subindustry, Tinna Rubber & Infrastructure'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.


Tinna Rubber & Infrastructure's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tinna Rubber & Infrastructure's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tinna Rubber & Infrastructure's Days Inventory falls into.



Tinna Rubber & Infrastructure Days Inventory Calculation

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

Tinna Rubber & Infrastructure's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (379.559 + 436.177) / 2 ) / 2019.66*365
=407.868 / 2019.66*365
=73.71

Tinna Rubber & Infrastructure's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 436.177) / 1 ) / 594.795*365 / 4
=436.177 / 594.795*365 / 4
=66.92

* 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.


Tinna Rubber & Infrastructure  (BOM:530475) 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.

Tinna Rubber & Infrastructure's Inventory Turnover for the three months ended in Mar. 2024 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.

Tinna Rubber & Infrastructure's Inventory to Revenue for the three months ended in Mar. 2024 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.


Tinna Rubber & Infrastructure Days Inventory Related Terms

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


Tinna Rubber & Infrastructure (BOM:530475) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Mandi Road, Tinna House, Sultanpur, Mehrauli, New Delhi, IND, 110030
Tinna Rubber & Infrastructure Ltd is primarily engaged in the conversion of used tires into crumb rubber and steel wires. The company manufactures products such as Crumb rubber modifier, Crumb rubber modified bitumen, and Polymer modified bitumen, Bitumen emulsion, Reclaimed rubber or ultrafine crumb rubber compound, and Cut wire shots. The products are primarily used for making or repairing road, tyres, and auto part industry. Geographically, it derives a majority of its revenue from India.

Tinna Rubber & Infrastructure (BOM:530475) Headlines

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