Days Inventory is also known as Days Sales of Inventory (DSI). Sheela Foam's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹3,394 Mil. Sheela Foam's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹5,173 Mil.
Hence, Sheela Foam's Days Inventory for the
three
months ended in Mar. 2024 was 59.86.
The historical rank and industry rank for Sheela Foam's Days Inventory or its related term are showing as below:
BOM:540203'
s Days Inventory Range Over the Past 10 Years
Min: 42.34 Med: 59.3 Max: 68.79
Current: 61.55
During the past 9 years, Sheela Foam's highest Days Inventory was 68.79. The lowest was 42.34. And the median was 59.30.
BOM:540203's Days Inventory is ranked better than 76.54% of 405
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.35
vs BOM:540203: 61.55
Sheela Foam's Days Inventory
declined
from Mar. 2023 (65.83) to Mar. 2024 (59.86).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sheela Foam's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.52.
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.
Sheela Foam's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.40.
Sheela Foam Days Inventory Historical Data
The historical data trend for Sheela Foam'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.
Competitive Comparison of Sheela Foam's Days Inventory
For the Furnishings, Fixtures & Appliances subindustry, Sheela Foam'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.
Sheela Foam's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sheela Foam's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sheela Foam's Days Inventory falls into.
Sheela Foam Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sheela Foam's Days Inventory for the fiscal year that 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.
Sheela Foam (BOM:540203) 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.
Sheela Foam'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.
Sheela Foam'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.
Sheela Foam Days Inventory Related Terms
Thank you for viewing the detailed overview of Sheela Foam's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sheela Foam Ltd is a manufacturer of mattresses and other foam-based home comfort products. Its Home comfort line of product portfolio includes Mattresses, Pillows, Mattress protectors, Bolsters, Back cushions, Sofa-cum beds, Bedsheets, and Baby care sheets. It also offers a Technical range of products such as Laminated foam, Reticulated foam, UV stable foam, Sound absorption foam, and Anti-static foam. It caters products to different industries such as bedding, furniture, automotive, shoes, lingerie, electronic, acoustic enclosures, and garments. Geographically, the organization sells its products in India and also exports them to other countries. It derives a majority of the revenue from the sales of the Home comfort line of products. The company's flagship brand is Sleepwell.
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