Clara Industries (BOM:543435) Days Inventory : 0.00 (As of Sep. 2023)

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What is Clara Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clara Industries's Average Total Inventories for the three months ended in Sep. 2023 was ₹53.17 Mil. Clara Industries's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹0.00 Mil.

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

BOM:543435' s Days Inventory Range Over the Past 10 Years
Min: 175.82 Med: 285.84 Max: 683.41
Current: 683.41

During the past 2 years, Clara Industries's highest Days Inventory was 683.41. The lowest was 175.82. And the median was 285.84.

BOM:543435's Days Inventory is ranked worse than
98.37% of 368 companies
in the Packaging & Containers industry
Industry Median: 77.505 vs BOM:543435: 683.41

Clara Industries's Days Inventory stayed the same from Mar. 2022 (0.00) to Sep. 2023 (0.00).

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. Clara Industries's Inventory Turnover for the three months ended in Sep. 2023 was 0.00.

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.

Clara Industries Days Inventory Historical Data

The historical data trend for Clara Industries'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.

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Clara Industries Days Inventory Chart

Clara Industries Annual Data

Trend

Mar22

Mar23

Days Inventory

395.86

175.82

Clara Industries Quarterly Data
	Jun21	Nov21	Mar22	Jun22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			-	223.12	165.71	-	-

Competitive Comparison of Clara Industries's Days Inventory

For the Packaging & Containers subindustry, Clara Industries'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.

Clara Industries's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Clara Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Clara Industries's Days Inventory falls into.

Clara Industries Days Inventory Calculation

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

Clara Industries'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
=	( (24.542	+	28.814)	/	2 )	/	55.384	*	365
=	26.678					/	55.384	*	365
=	175.82

Clara Industries's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (28.814	+	77.534)	/	2 )	/	0	*	365 / 4
=	53.174					/	0	*	365 / 4
=	N/A

Clara Industries (BOM:543435) 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.

Clara Industries's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	53.174
	=	0.00

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.

Clara Industries's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	53.174	/	0
	=

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.

Clara Industries Days Inventory Related Terms

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

Clara Industries (BOM:543435) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Clara Industries Ltd (BOM:543435) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

127/1, Gram Simbhalka Junardar Paragna, Tehsil and District Saharanpur, Saharanpur, UP, IND, 247001

Website

https://www.clara.co.in

Clara Industries Ltd is engaged in providing flexible plastic packaging solutions. The company is known for manufacturing and supplying high-end multilayer plastic bags and multilayer plastic rolls in India.

Clara Industries (BOM:543435) Headlines

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