GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Suncare Traders Ltd (BOM:539526) » Definitions » Days Inventory

Suncare Traders (BOM:539526) Days Inventory : 1,134.21 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Suncare Traders Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Suncare Traders's Average Total Inventories for the three months ended in Mar. 2024 was ₹1.50 Mil. Suncare Traders's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹0.12 Mil. Hence, Suncare Traders's Days Inventory for the three months ended in Mar. 2024 was 1,134.21.

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

BOM:539526' s Days Inventory Range Over the Past 10 Years
Min: 40.53   Med: 95.92   Max: 1556.85
Current: 1556.85

During the past 9 years, Suncare Traders's highest Days Inventory was 1556.85. The lowest was 40.53. And the median was 95.92.

BOM:539526's Days Inventory is ranked worse than
99.26% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.35 vs BOM:539526: 1556.85

Suncare Traders's Days Inventory increased from Mar. 2023 (17.16) to Mar. 2024 (1,134.21). It might indicate that Suncare Traders'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. Suncare Traders's Inventory Turnover for the three months ended in Mar. 2024 was 0.08.

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. Suncare Traders's Inventory-to-Revenue for the three months ended in Mar. 2024 was 12.13.


Suncare Traders Days Inventory Historical Data

The historical data trend for Suncare Traders'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.

Suncare Traders Days Inventory Chart

Suncare Traders Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 116.06 95.92 42.83 40.53 1,555.13

Suncare Traders 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 17.16 - - 593.52 1,134.21

Competitive Comparison of Suncare Traders's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Suncare Traders'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.


Suncare Traders's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Suncare Traders's Days Inventory distribution charts can be found below:

* The bar in red indicates where Suncare Traders's Days Inventory falls into.



Suncare Traders Days Inventory Calculation

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

Suncare Traders'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
=( (1.504 + 1.504) / 2 ) / 0.353*365
=1.504 / 0.353*365
=1,555.13

Suncare Traders'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 + 1.504) / 1 ) / 0.121*365 / 4
=1.504 / 0.121*365 / 4
=1,134.21

* 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.


Suncare Traders  (BOM:539526) 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.

Suncare Traders'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.

Suncare Traders'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.


Suncare Traders Days Inventory Related Terms

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


Suncare Traders (BOM:539526) Business Description

Traded in Other Exchanges
N/A
Address
Sarkhej-Sanand Cross Road, 7, Shree Shakti Estate, Behind Milan Complex, Sarkhej, Ahmedabad, GJ, IND, 382210
Suncare Traders Ltd is engaged in the business of trading in laminates, plywood/MDF, and investment in solar power generation businesses. Its product offering includes SS 102, RM 102 Mont Blanc Grazia, RM 101 Lava Grazia, RR 241 Wood Cotre, SS 241 Wood Cotre, and many more.

Suncare Traders (BOM:539526) Headlines

No Headlines