Pyramid Technoplast (BOM:543969) Days Inventory : 52.76 (As of Mar. 2024)

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What is Pyramid Technoplast Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pyramid Technoplast's Average Total Inventories for the six months ended in Mar. 2024 was ₹564 Mil. Pyramid Technoplast's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹1,950 Mil. Hence, Pyramid Technoplast's Days Inventory for the six months ended in Mar. 2024 was 52.76.

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

BOM:543969' s Days Inventory Range Over the Past 10 Years
Min: 27.02 Med: 32.21 Max: 41.79
Current: 41.79

During the past 5 years, Pyramid Technoplast's highest Days Inventory was 41.79. The lowest was 27.02. And the median was 32.21.

BOM:543969's Days Inventory is ranked better than
87.5% of 368 companies
in the Packaging & Containers industry
Industry Median: 77.68 vs BOM:543969: 41.79

Pyramid Technoplast's Days Inventory increased from Mar. 2023 (40.00) to Mar. 2024 (52.76). It might indicate that Pyramid Technoplast's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pyramid Technoplast's Inventory Turnover for the six months ended in Mar. 2024 was 3.46.

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. Pyramid Technoplast's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.22.

Pyramid Technoplast Days Inventory Historical Data

The historical data trend for Pyramid Technoplast'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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Pyramid Technoplast Days Inventory Chart

Pyramid Technoplast Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

27.02

28.35

36.06

41.72

47.23

Pyramid Technoplast Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial			-	36.75	40.00	43.69	52.76

Competitive Comparison of Pyramid Technoplast's Days Inventory

For the Packaging & Containers subindustry, Pyramid Technoplast'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.

Pyramid Technoplast's Days Inventory Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Pyramid Technoplast's Days Inventory falls into.

Pyramid Technoplast Days Inventory Calculation

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

Pyramid Technoplast'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
=	( (454.964	+	587.506)	/	2 )	/	4028.42	*	365
=	521.235					/	4028.42	*	365
=	47.23

Pyramid Technoplast'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (540.048	+	587.506)	/	2 )	/	1950.151	*	365 / 2
=	563.777					/	1950.151	*	365 / 2
=	52.76

Pyramid Technoplast (BOM:543969) 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.

Pyramid Technoplast's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1950.151	/	563.777
	=	3.46

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.

Pyramid Technoplast's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	563.777	/	2619.764
	=	0.22

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.

Pyramid Technoplast Days Inventory Related Terms

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

Pyramid Technoplast (BOM:543969) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pyramid Technoplast Ltd (BOM:543969) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

PYRAMID:India

Address

Rani Sati Marg, Office No. 2, Second Floor, Shah Trade Center, Near W.E. Highway, Malad East, Mumbai, MH, IND, 400 067

Website

https://www.pyramidtechnoplast.com

Pyramid Technoplast Ltd is an industrial packaging company engaged in the business of manufacturing polymer-based molded products (Polymer Drums) mainly used by chemical, agrochemical, specialty chemical and pharmaceutical companies for their packaging requirements. It is one of the leading manufacturers of rigid Intermediate Bulk Containers (IBC) in India manufacturing 1,000-litre capacity IBC. IBCs are industrial-grade containers engineered for the mass handling, transport, and storage of liquids, semi-solids, pastes, or solids. The company uses blow molding technology to manufacture Polymer Drums and IBCs.

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