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Shankar Lal Rampal Dye Chem (BOM:542232) Days Inventory : 11.40 (As of Dec. 2023)


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What is Shankar Lal Rampal Dye Chem Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shankar Lal Rampal Dye Chem's Average Total Inventories for the three months ended in Dec. 2023 was ₹102 Mil. Shankar Lal Rampal Dye Chem's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹814 Mil. Hence, Shankar Lal Rampal Dye Chem's Days Inventory for the three months ended in Dec. 2023 was 11.40.

The historical rank and industry rank for Shankar Lal Rampal Dye Chem's Days Inventory or its related term are showing as below:

BOM:542232' s Days Inventory Range Over the Past 10 Years
Min: 9.04   Med: 27.12   Max: 38.21
Current: 13.24

During the past 10 years, Shankar Lal Rampal Dye Chem's highest Days Inventory was 38.21. The lowest was 9.04. And the median was 27.12.

BOM:542232's Days Inventory is ranked better than
98.19% of 1493 companies
in the Chemicals industry
Industry Median: 82.5 vs BOM:542232: 13.24

Shankar Lal Rampal Dye Chem's Days Inventory declined from Dec. 2022 (11.81) to Dec. 2023 (11.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shankar Lal Rampal Dye Chem's Inventory Turnover for the three months ended in Dec. 2023 was 8.00.

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. Shankar Lal Rampal Dye Chem's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.12.


Shankar Lal Rampal Dye Chem Days Inventory Historical Data

The historical data trend for Shankar Lal Rampal Dye Chem'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.

Shankar Lal Rampal Dye Chem Days Inventory Chart

Shankar Lal Rampal Dye Chem 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 22.70 21.78 12.27 9.04 10.51

Shankar Lal Rampal Dye Chem Quarterly Data
Jun18 Sep18 Mar19 Sep19 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 11.81 12.26 18.28 14.06 11.40

Competitive Comparison of Shankar Lal Rampal Dye Chem's Days Inventory

For the Specialty Chemicals subindustry, Shankar Lal Rampal Dye Chem'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.


Shankar Lal Rampal Dye Chem's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shankar Lal Rampal Dye Chem's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shankar Lal Rampal Dye Chem's Days Inventory falls into.



Shankar Lal Rampal Dye Chem Days Inventory Calculation

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

Shankar Lal Rampal Dye Chem'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
=( (62.761 + 103.872) / 2 ) / 2893.804*365
=83.3165 / 2893.804*365
=10.51

Shankar Lal Rampal Dye Chem'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
=( (101.73 + 0) / 1 ) / 814.319*365 / 4
=101.73 / 814.319*365 / 4
=11.40

* 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.


Shankar Lal Rampal Dye Chem  (BOM:542232) 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.

Shankar Lal Rampal Dye Chem'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.

Shankar Lal Rampal Dye Chem'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.


Shankar Lal Rampal Dye Chem Days Inventory Related Terms

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Shankar Lal Rampal Dye Chem (BOM:542232) Business Description

Traded in Other Exchanges
N/A
Address
S.G. 2730, Suwana, Near Kamal Ka Kuwa, Bhilwara, RJ, IND, 311001
Shankar Lal Rampal Dye Chem Ltd is engaged in the business of Trading in Dyes, Chemical, and allied products. The company is a trader, exporter, importer, and supplier of sulphur dyes, paraffin wax, phosphoric acid, sodium sulphide, hydrogen peroxide, citric acid monohydrate, phosphate chemicals, and refined glycerine. It exports its product to India, Malaysia, Indonesia, Bangladesh, and other countries. Geographically the company generates the majority of its revenue Within India.

Shankar Lal Rampal Dye Chem (BOM:542232) Headlines

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