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Impex Ferro Tech (BOM:532614) Days Inventory : 1,061.67 (As of Dec. 2023)


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What is Impex Ferro Tech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Impex Ferro Tech's Average Total Inventories for the three months ended in Dec. 2023 was ₹254.07 Mil. Impex Ferro Tech's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹21.84 Mil. Hence, Impex Ferro Tech's Days Inventory for the three months ended in Dec. 2023 was 1,061.67.

The historical rank and industry rank for Impex Ferro Tech's Days Inventory or its related term are showing as below:

BOM:532614' s Days Inventory Range Over the Past 10 Years
Min: 80.49   Med: 124.93   Max: 234.32
Current: 149.17

During the past 13 years, Impex Ferro Tech's highest Days Inventory was 234.32. The lowest was 80.49. And the median was 124.93.

BOM:532614's Days Inventory is ranked worse than
75.98% of 662 companies
in the Metals & Mining industry
Industry Median: 88.535 vs BOM:532614: 149.17

Impex Ferro Tech's Days Inventory increased from Dec. 2022 (448.21) to Dec. 2023 (1,061.67). It might indicate that Impex Ferro Tech's sales slowed down.

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. Impex Ferro Tech's Inventory Turnover for the three months ended in Dec. 2023 was 0.09.

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. Impex Ferro Tech's Inventory-to-Revenue for the three months ended in Dec. 2023 was 46.47.


Impex Ferro Tech Days Inventory Historical Data

The historical data trend for Impex Ferro Tech'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.

Impex Ferro Tech Days Inventory Chart

Impex Ferro Tech 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 126.01 229.83 234.32 87.04 80.49

Impex Ferro Tech 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 448.21 41.67 779.27 549.75 1,061.67

Competitive Comparison of Impex Ferro Tech's Days Inventory

For the Other Industrial Metals & Mining subindustry, Impex Ferro Tech'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.


Impex Ferro Tech's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Impex Ferro Tech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Impex Ferro Tech's Days Inventory falls into.



Impex Ferro Tech Days Inventory Calculation

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

Impex Ferro Tech'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
=( (533.444 + 296.447) / 2 ) / 1881.607*365
=414.9455 / 1881.607*365
=80.49

Impex Ferro Tech'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
=( (254.067 + 0) / 1 ) / 21.837*365 / 4
=254.067 / 21.837*365 / 4
=1,061.67

* 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.


Impex Ferro Tech  (BOM:532614) 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.

Impex Ferro Tech'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.

Impex Ferro Tech'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.


Impex Ferro Tech Days Inventory Related Terms

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


Impex Ferro Tech (BOM:532614) Business Description

Traded in Other Exchanges
Address
132A, S. P. Mukherjee Road, SKP House, Kolkatta, WB, IND, 700026
Impex Ferro Tech Ltd is an Indian firm engaged in the business line of manufacturing Ferro Alloys (ferro manganese / silico manganese) and trading in iron and steel products. Its products include silico manganese, high-carbon ferro manganese, and medium-carbon ferro manganese. The company operates in a single segment called Ferro Alloys.

Impex Ferro Tech (BOM:532614) Headlines

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