Ducol Organics And Colours (NSE:DUCOL) Days Inventory : 159.35 (As of Sep. 2023)

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What is Ducol Organics And Colours Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ducol Organics And Colours's Average Total Inventories for the six months ended in Sep. 2023 was ₹214.9 Mil. Ducol Organics And Colours's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹246.1 Mil. Hence, Ducol Organics And Colours's Days Inventory for the six months ended in Sep. 2023 was 159.35.

The historical rank and industry rank for Ducol Organics And Colours's Days Inventory or its related term are showing as below:

NSE:DUCOL' s Days Inventory Range Over the Past 10 Years
Min: 118.66 Med: 136.73 Max: 172.14
Current: 145.05

During the past 4 years, Ducol Organics And Colours's highest Days Inventory was 172.14. The lowest was 118.66. And the median was 136.73.

NSE:DUCOL's Days Inventory is ranked worse than
79.04% of 1493 companies
in the Chemicals industry
Industry Median: 82.92 vs NSE:DUCOL: 145.05

Ducol Organics And Colours's Days Inventory increased from Sep. 2022 (127.70) to Sep. 2023 (159.35). It might indicate that Ducol Organics And Colours's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ducol Organics And Colours's Inventory Turnover for the six months ended in Sep. 2023 was 1.15.

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. Ducol Organics And Colours's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.57.

Ducol Organics And Colours Days Inventory Historical Data

The historical data trend for Ducol Organics And Colours'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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Ducol Organics And Colours Days Inventory Chart

Ducol Organics And Colours Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

172.14

147.91

118.66

125.54

Ducol Organics And Colours Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			-	-	127.70	131.51	159.35

Competitive Comparison of Ducol Organics And Colours's Days Inventory

For the Specialty Chemicals subindustry, Ducol Organics And Colours'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.

Ducol Organics And Colours's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ducol Organics And Colours's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ducol Organics And Colours's Days Inventory falls into.

Ducol Organics And Colours Days Inventory Calculation

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

Ducol Organics And Colours'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
=	( (188.149	+	209.064)	/	2 )	/	577.428	*	365
=	198.6065					/	577.428	*	365
=	125.54

Ducol Organics And Colours'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
=	( (209.064	+	220.772)	/	2 )	/	246.142	*	365 / 2
=	214.918					/	246.142	*	365 / 2
=	159.35

Ducol Organics And Colours (NSE:DUCOL) 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.

Ducol Organics And Colours's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	246.142	/	214.918
	=	1.15

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.

Ducol Organics And Colours's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	214.918	/	375.736
	=	0.57

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.

Ducol Organics And Colours Days Inventory Related Terms

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

Ducol Organics And Colours (NSE:DUCOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ducol Organics And Colours Ltd (NSE:DUCOL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 22/2, Taloja, Taluka Panvel, Raigad, MH, IND

Website

https://www.ducol.com

Ducol Organics And Colours Ltd is engaged in the business of manufacturing and selling pigment dispersions, preparations, concentrates, paste colorants, and masterbatches. The company offers a range of pigment dispersions for various industries like Paints, Inks, Textiles, Detergent, Paper, Rubber, and Plastics. color solutions for various industries like paints, ink, textiles, rubber, plastic, leather, paper, soaps, detergents, and FMCG.

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