GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Suncity Synthetics Ltd (BOM:530795) » Definitions » Days Inventory

Suncity Synthetics (BOM:530795) Days Inventory : 0.00 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Suncity Synthetics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Suncity Synthetics's Average Total Inventories for the three months ended in Dec. 2023 was ₹19.92 Mil. Suncity Synthetics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹-0.27 Mil.

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

BOM:530795' s Days Inventory Range Over the Past 10 Years
Min: 48.18   Med: 112.04   Max: 580.16
Current: 580.16

During the past 13 years, Suncity Synthetics's highest Days Inventory was 580.16. The lowest was 48.18. And the median was 112.04.

BOM:530795's Days Inventory is ranked worse than
96.93% of 1009 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.68 vs BOM:530795: 580.16

Suncity Synthetics's Days Inventory declined from Dec. 2022 (139.36) to Dec. 2023 (0.00).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Suncity Synthetics's Inventory Turnover for the three months ended in Dec. 2023 was -0.01.

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. Suncity Synthetics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 18.11.


Suncity Synthetics Days Inventory Historical Data

The historical data trend for Suncity Synthetics'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.

Suncity Synthetics Days Inventory Chart

Suncity Synthetics 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 100.95 250.50 316.47 169.23 192.50

Suncity Synthetics 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 139.36 294.22 745.62 545.64 -

Competitive Comparison of Suncity Synthetics's Days Inventory

For the Textile Manufacturing subindustry, Suncity Synthetics'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.


Suncity Synthetics's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Suncity Synthetics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Suncity Synthetics's Days Inventory falls into.



Suncity Synthetics Days Inventory Calculation

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

Suncity Synthetics'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
=( (20.48 + 17.666) / 2 ) / 36.165*365
=19.073 / 36.165*365
=192.50

Suncity Synthetics'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
=( (19.924 + 0) / 1 ) / -0.273*365 / 4
=19.924 / -0.273*365 / 4
=N/A

* 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.


Suncity Synthetics  (BOM:530795) 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.

Suncity Synthetics'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.

Suncity Synthetics'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.


Suncity Synthetics Days Inventory Related Terms

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


Suncity Synthetics (BOM:530795) Business Description

Traded in Other Exchanges
N/A
Address
Shastri nagar, C-8, 1st Floor, Opposite MDM Hospital, Jodhpur, RJ, IND, 342 002
Suncity Synthetics Ltd engages in manufacturing nylon granules and polyester staple fiber that are used as matrix material in composite materials. The composite materials are used with reinforcing fiber like glass or carbon fiber used in car components next to the engine, such as intake manifolds, and also used in technical textile products. Its product portfolio includes Nylon Reprocessed Chips, Polyester Popcorn, PET Bottle Flakes, Reprocessed Polyester Chips and Polyester staple fibres.

Suncity Synthetics (BOM:530795) Headlines

No Headlines