Vasundhara Rasayans (BOM:538634) Days Inventory : 72.37 (As of Dec. 2023)

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What is Vasundhara Rasayans Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vasundhara Rasayans's Average Total Inventories for the three months ended in Dec. 2023 was ₹26.6 Mil. Vasundhara Rasayans's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹33.6 Mil. Hence, Vasundhara Rasayans's Days Inventory for the three months ended in Dec. 2023 was 72.37.

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

BOM:538634' s Days Inventory Range Over the Past 10 Years
Min: 28.81 Med: 43.58 Max: 50.89
Current: 45.56

During the past 11 years, Vasundhara Rasayans's highest Days Inventory was 50.89. The lowest was 28.81. And the median was 43.58.

BOM:538634's Days Inventory is ranked better than
80.43% of 1492 companies
in the Chemicals industry
Industry Median: 82.965 vs BOM:538634: 45.56

Vasundhara Rasayans's Days Inventory increased from Dec. 2022 (65.86) to Dec. 2023 (72.37). It might indicate that Vasundhara Rasayans'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. Vasundhara Rasayans's Inventory Turnover for the three months ended in Dec. 2023 was 1.26.

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. Vasundhara Rasayans's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.32.

Vasundhara Rasayans Days Inventory Historical Data

The historical data trend for Vasundhara Rasayans'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.

Vasundhara Rasayans Days Inventory Chart

Vasundhara Rasayans Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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44.66

48.70

40.59

35.27

46.06

Vasundhara Rasayans 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															65.86	31.97	86.12	58.56	72.37

Competitive Comparison of Vasundhara Rasayans's Days Inventory

For the Chemicals subindustry, Vasundhara Rasayans'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.

Vasundhara Rasayans's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Vasundhara Rasayans's Days Inventory falls into.

Vasundhara Rasayans Days Inventory Calculation

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

Vasundhara Rasayans'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
=	( (22.117	+	39.991)	/	2 )	/	246.077	*	365
=	31.054					/	246.077	*	365
=	46.06

Vasundhara Rasayans'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
=	( (26.625	+	0)	/	1 )	/	33.57	*	365 / 4
=	26.625					/	33.57	*	365 / 4
=	72.37

Vasundhara Rasayans (BOM:538634) 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.

Vasundhara Rasayans's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	33.57	/	26.625
	=	1.26

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.

Vasundhara Rasayans's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	26.625	/	82.268
	=	0.32

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.

Vasundhara Rasayans Days Inventory Related Terms

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

Vasundhara Rasayans (BOM:538634) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vasundhara Rasayans Ltd (BOM:538634) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Shed no. 42, Phase II, IDA, Mallapur, Hyderabad, TG, IND, 500076

Website

https://www.vrlindia.in

Vasundhara Rasayans Ltd is the manufacturer and exporter of antacids therapeutic category of active pharm ingredients (API). The company operates through two segments namely Export and Domestic. Its products consist of antacid API which includes dried aluminum hydroxide gel, magaldrate, aluminum hydroxide pate, and many more. The company's products are offered in various forms like paste, powder, and micronized grade powder. Additionally, it caters as well as provides technical backup support to many industries including pharmaceutical, food, and chemical. Geographically company generates the majority of its revenue from the domestic market.

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