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Gulshan Polyols (BOM:532457) Days Inventory : 51.36 (As of Mar. 2024)


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What is Gulshan Polyols Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gulshan Polyols's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,504 Mil. Gulshan Polyols's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,672 Mil. Hence, Gulshan Polyols's Days Inventory for the three months ended in Mar. 2024 was 51.36.

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

BOM:532457' s Days Inventory Range Over the Past 10 Years
Min: 48.67   Med: 64.47   Max: 79.42
Current: 56.67

During the past 13 years, Gulshan Polyols's highest Days Inventory was 79.42. The lowest was 48.67. And the median was 64.47.

BOM:532457's Days Inventory is ranked better than
71.29% of 1491 companies
in the Chemicals industry
Industry Median: 81.77 vs BOM:532457: 56.67

Gulshan Polyols's Days Inventory declined from Mar. 2023 (77.90) to Mar. 2024 (51.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gulshan Polyols's Inventory Turnover for the three months ended in Mar. 2024 was 1.78.

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. Gulshan Polyols's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.37.


Gulshan Polyols Days Inventory Historical Data

The historical data trend for Gulshan Polyols'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.

Gulshan Polyols Days Inventory Chart

Gulshan Polyols 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 65.35 75.83 63.12 69.30 63.58

Gulshan Polyols Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 77.90 78.24 50.80 38.42 51.36

Competitive Comparison of Gulshan Polyols's Days Inventory

For the Chemicals subindustry, Gulshan Polyols'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.


Gulshan Polyols's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gulshan Polyols's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gulshan Polyols's Days Inventory falls into.



Gulshan Polyols Days Inventory Calculation

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

Gulshan Polyols'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
=( (1573.72 + 1504.023) / 2 ) / 8835.02*365
=1538.8715 / 8835.02*365
=63.58

Gulshan Polyols'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 + 1504.023) / 1 ) / 2672.247*365 / 4
=1504.023 / 2672.247*365 / 4
=51.36

* 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.


Gulshan Polyols  (BOM:532457) 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.

Gulshan Polyols'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.

Gulshan Polyols'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.


Gulshan Polyols Days Inventory Related Terms

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


Gulshan Polyols (BOM:532457) Business Description

Traded in Other Exchanges
Address
G-81, Preet Vihar, Delhi, IND, 110092
Gulshan Polyols Ltd is a manufacturer of Precipitated Calcium Carbonate and Sorbitol in India. Its business portfolio covers Starch Sugars and Native Starches, Fructose, Calcium Carbonate, Alcohol business, Ethanol, and On-site PCC plants. The company has three segments; mineral processing, grain processing, and distillery. The majority of its revenue is earned through the sales of Sorbitol solution also known as glucitol which contributes a prime part of revenue, while the remaining revenue is earned through sales of its other products. Majority of the revenue is earned through the Indian market, while the company also has a presence in various other countries.

Gulshan Polyols (BOM:532457) Headlines

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