GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Gujarat Fluorochemicals Ltd (NSE:FLUOROCHEM) » Definitions » Days Inventory

Gujarat Fluorochemicals (NSE:FLUOROCHEM) Days Inventory : 365.10 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Gujarat Fluorochemicals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gujarat Fluorochemicals's Average Total Inventories for the three months ended in Mar. 2024 was ₹15,713 Mil. Gujarat Fluorochemicals's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,927 Mil. Hence, Gujarat Fluorochemicals's Days Inventory for the three months ended in Mar. 2024 was 365.10.

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

NSE:FLUOROCHEM' s Days Inventory Range Over the Past 10 Years
Min: 183.33   Med: 249.87   Max: 383.84
Current: 350.75

During the past 6 years, Gujarat Fluorochemicals's highest Days Inventory was 383.84. The lowest was 183.33. And the median was 249.87.

NSE:FLUOROCHEM's Days Inventory is ranked worse than
96.58% of 1491 companies
in the Chemicals industry
Industry Median: 81.77 vs NSE:FLUOROCHEM: 350.75

Gujarat Fluorochemicals's Days Inventory increased from Mar. 2023 (329.88) to Mar. 2024 (365.10). It might indicate that Gujarat Fluorochemicals'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. Gujarat Fluorochemicals's Inventory Turnover for the three months ended in Mar. 2024 was 0.25.

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. Gujarat Fluorochemicals's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.39.


Gujarat Fluorochemicals Days Inventory Historical Data

The historical data trend for Gujarat Fluorochemicals'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.

Gujarat Fluorochemicals Days Inventory Chart

Gujarat Fluorochemicals Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 191.27 227.59 272.14 282.68 383.84

Gujarat Fluorochemicals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 329.88 374.51 288.76 424.67 365.10

Competitive Comparison of Gujarat Fluorochemicals's Days Inventory

For the Specialty Chemicals subindustry, Gujarat Fluorochemicals'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.


Gujarat Fluorochemicals's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gujarat Fluorochemicals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gujarat Fluorochemicals's Days Inventory falls into.



Gujarat Fluorochemicals Days Inventory Calculation

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

Gujarat Fluorochemicals'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
=( (14853.8 + 15713.4) / 2 ) / 14533.4*365
=15283.6 / 14533.4*365
=383.84

Gujarat Fluorochemicals'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 15713.4) / 1 ) / 3927.3*365 / 4
=15713.4 / 3927.3*365 / 4
=365.10

* 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.


Gujarat Fluorochemicals  (NSE:FLUOROCHEM) 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.

Gujarat Fluorochemicals's Inventory Turnover for the three months ended in Mar. 2024 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.

Gujarat Fluorochemicals's Inventory to Revenue for the three months ended in Mar. 2024 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.


Gujarat Fluorochemicals Days Inventory Related Terms

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


Gujarat Fluorochemicals (NSE:FLUOROCHEM) Business Description

Traded in Other Exchanges
Address
INOX Towers, Plot No. 17, Sector 16-A, Noida, UP, IND, 201301
Gujarat Fluorochemicals Ltd is a producer of chloromethanes, refrigerants, caustic soda, and Polytetrafluoro-ethylene in India. It is fully focused on and diversified within fluorine chemistry, making refrigerant gases, fluoro intermediates, and a host of fluoropolymers. The company's products categories include Bulk chemicals, Fluorochemicals, and Fluoropolymer. The company generates the majority of its revenue from Fluoropolymer products. Geographically the company has a presence in India, Europe, the USA, and the Rest of the world, where the majority of its revenue is generated from India.

Gujarat Fluorochemicals (NSE:FLUOROCHEM) Headlines

No Headlines