Essen Speciality Films (NSE:ESFL) Days Inventory : 151.55 (As of Mar. 2023)

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What is Essen Speciality Films Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Essen Speciality Films's Average Total Inventories for the six months ended in Mar. 2023 was ₹311 Mil. Essen Speciality Films's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹749 Mil. Hence, Essen Speciality Films's Days Inventory for the six months ended in Mar. 2023 was 75.78.

The historical rank and industry rank for Essen Speciality Films's Days Inventory or its related term are showing as below:

NSE:ESFL' s Days Inventory Range Over the Past 10 Years
Min: 77.04 Med: 93.39 Max: 151.55
Current: 151.55

During the past 4 years, Essen Speciality Films's highest Days Inventory was 151.55. The lowest was 77.04. And the median was 93.39.

NSE:ESFL's Days Inventory is ranked worse than
72.46% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.35 vs NSE:ESFL: 151.55

Essen Speciality Films's Days Inventory increased from Mar. 2021 (77.11) to Mar. 2023 (151.55). It might indicate that Essen Speciality Films's sales slowed down.

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. Essen Speciality Films's Inventory Turnover for the six months ended in Mar. 2023 was 2.41.

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. Essen Speciality Films's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.27.

Essen Speciality Films Days Inventory Historical Data

The historical data trend for Essen Speciality Films'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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Essen Speciality Films Days Inventory Chart

Essen Speciality Films Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

77.04

77.11

109.66

151.55

Essen Speciality Films Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Days Inventory	77.04	77.11	109.66	151.55

Competitive Comparison of Essen Speciality Films's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Essen Speciality Films'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.

Essen Speciality Films's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Essen Speciality Films's Days Inventory distribution charts can be found below:

* The bar in red indicates where Essen Speciality Films's Days Inventory falls into.

Essen Speciality Films Days Inventory Calculation

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

Essen Speciality Films'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
=	( (321.15	+	301.255)	/	2 )	/	749.495	*	365
=	311.2025					/	749.495	*	365
=	151.55

Essen Speciality Films's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (321.15	+	301.255)	/	2 )	/	749.495	*	365 / 2
=	311.2025					/	749.495	*	365 / 2
=	75.78

Essen Speciality Films (NSE:ESFL) 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.

Essen Speciality Films's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	749.495	/	311.2025
	=	2.41

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.

Essen Speciality Films's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	311.2025	/	1171.44
	=	0.27

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.

Essen Speciality Films Days Inventory Related Terms

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

Essen Speciality Films (NSE:ESFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Essen Speciality Films Ltd (NSE:ESFL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Survey No. 192, Shapar, Industrial Area, Plot No. A, Veraval, Rajkot, GJ, IND, 360002

Website

https://www.essenspeciality.com

Essen Speciality Films Ltd is a manufacturer and exporter of specialized plastic products in the home improvement and home furnishing industry, to renowned multinational modern trade retailers, such as IKEA, Walmart, Kmart, Bed Bath & Beyond, Rusta, Runsven, Kohl's, Kroger, etc. The product mix of the company makes it a one-of-a-kind manufacturer in the world with ranges in the bath area and accessories, artificial plants & flowers, kitchen & dining, storage & organization, fitness & lifestyle, and outdoor & utility products all under one roof.

Essen Speciality Films (NSE:ESFL) Headlines

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