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Raghav Productivity Enhancers (BOM:539837) Days Inventory : 244.23 (As of Mar. 2024)


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What is Raghav Productivity Enhancers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Raghav Productivity Enhancers's Average Total Inventories for the three months ended in Mar. 2024 was ₹276 Mil. Raghav Productivity Enhancers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹103 Mil. Hence, Raghav Productivity Enhancers's Days Inventory for the three months ended in Mar. 2024 was 244.23.

The historical rank and industry rank for Raghav Productivity Enhancers's Days Inventory or its related term are showing as below:

BOM:539837' s Days Inventory Range Over the Past 10 Years
Min: 25.34   Med: 81.32   Max: 283.44
Current: 283.44

During the past 13 years, Raghav Productivity Enhancers's highest Days Inventory was 283.44. The lowest was 25.34. And the median was 81.32.

BOM:539837's Days Inventory is ranked worse than
94.5% of 1492 companies
in the Chemicals industry
Industry Median: 82.18 vs BOM:539837: 283.44

Raghav Productivity Enhancers's Days Inventory increased from Dec. 2022 (102.96) to Mar. 2024 (244.23). It might indicate that Raghav Productivity Enhancers'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. Raghav Productivity Enhancers's Inventory Turnover for the three months ended in Mar. 2024 was 0.37.

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. Raghav Productivity Enhancers's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.72.


Raghav Productivity Enhancers Days Inventory Historical Data

The historical data trend for Raghav Productivity Enhancers'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.

Raghav Productivity Enhancers Days Inventory Chart

Raghav Productivity Enhancers 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 80.65 99.73 110.24 133.79 216.17

Raghav Productivity Enhancers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 102.96 149.44 184.53 226.47 244.23

Competitive Comparison of Raghav Productivity Enhancers's Days Inventory

For the Chemicals subindustry, Raghav Productivity Enhancers'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.


Raghav Productivity Enhancers's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Raghav Productivity Enhancers's Days Inventory falls into.



Raghav Productivity Enhancers Days Inventory Calculation

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

Raghav Productivity Enhancers'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
=( (183.066 + 275.795) / 2 ) / 387.397*365
=229.4305 / 387.397*365
=216.17

Raghav Productivity Enhancers'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 + 275.795) / 1 ) / 103.042*365 / 4
=275.795 / 103.042*365 / 4
=244.23

* 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.


Raghav Productivity Enhancers  (BOM:539837) 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.

Raghav Productivity Enhancers'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.

Raghav Productivity Enhancers'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.


Raghav Productivity Enhancers Days Inventory Related Terms

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


Raghav Productivity Enhancers (BOM:539837) Business Description

Traded in Other Exchanges
N/A
Address
Alankar Plaza A-10, Central Spine, Office No. 36, 4th Floor, Vidhyadhar Nagar, Jaipur, RJ, IND, 302023
Raghav Productivity Enhancers Ltd is engaged in the business of manufacturing trading of Ramming Mass and other Quartz related items. Its operating segment is Ramming Mass. Some of its products include Acidic Premix Ramming Mass; White Ramming Mass; Premixed Ramming Mass; Silica Ramming Mixes; White Premix Ramming Mass; Magnesite Ramming Mass; Casting Powder; Tundish Board and others. The company sells its products in India and also exports them to other countries.

Raghav Productivity Enhancers (BOM:539837) Headlines

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