GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Pet Industries Ltd (NSE:GLOBALPET) » Definitions » Days Inventory

Global Pet Industries (NSE:GLOBALPET) Days Inventory : 100.02 (As of Mar. 2022)


View and export this data going back to 2023. Start your Free Trial

What is Global Pet Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Global Pet Industries's Average Total Inventories for the six months ended in Mar. 2022 was ₹51.5 Mil. Global Pet Industries's Cost of Goods Sold for the six months ended in Mar. 2022 was ₹188.1 Mil. Hence, Global Pet Industries's Days Inventory for the six months ended in Mar. 2022 was 50.01.

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

NSE:GLOBALPET's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 120.53
* Ranked among companies with meaningful Days Inventory only.

Global Pet Industries's Days Inventory increased from Mar. 2020 (47.80) to Mar. 2022 (100.02). It might indicate that Global Pet Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Global Pet Industries's Inventory Turnover for the six months ended in Mar. 2022 was 3.65.

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. Global Pet Industries's Inventory-to-Revenue for the six months ended in Mar. 2022 was 0.19.

Global Pet Industries Days Inventory Historical Data

The historical data trend for Global Pet 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.

* Premium members only.

Global Pet Industries Days Inventory Chart

Global Pet Industries Annual Data
Trend Mar20 Mar21 Mar22
Days Inventory
47.80 83.32 100.02

Global Pet Industries Semi-Annual Data
Mar20 Mar21 Mar22
Days Inventory 47.80 83.32 100.02

Competitive Comparison of Global Pet Industries's Days Inventory

For the Specialty Industrial Machinery subindustry, Global Pet 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.

Global Pet Industries's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Pet Industries's Days Inventory distribution charts can be found below:

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


Global Pet Industries Days Inventory Calculation

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

Global Pet Industries's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

Days Inventory (A: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (50.571 + 52.516) / 2 ) / 188.087*365
=51.5435 / 188.087*365
=100.02

Global Pet Industries's Days Inventory for the quarter that ended in Mar. 2022 is calculated as:

Days Inventory (Q: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (50.571 + 52.516) / 2 ) / 188.087*365 / 2
=51.5435 / 188.087*365 / 2
=50.01

* 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.

Global Pet Industries  (NSE:GLOBALPET) 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.

Global Pet Industries's Inventory Turnover for the six months ended in Mar. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=188.087 / 51.5435
=3.65

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.

Global Pet Industries's Inventory to Revenue for the six months ended in Mar. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=51.5435 / 276.057
=0.19

* 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.

Global Pet Industries Days Inventory Related Terms

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

Global Pet Industries (NSE:GLOBALPET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Pet Industries Ltd (NSE:GLOBALPET) » Definitions » Days Inventory
Comparable Companies
NSE:AUROIMPEX BOM:537326 NSE:SCML BOM:505324 NSE:PENTAGON BOM:513709 NSE:MAKS BOM:504286 BOM:505216 BOM:517546 GE XTER:SIE XPAR:SU ETN ITW XKRX:373220 OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
Unit Nos. 8 to 15, 108 & 109, Karishma Industrial Estate, Survey No. 36, Hissa No. 5, Village Waliv, Dhumal Nagar, Near Rashmi Bungalow, Vasai East, Palghar, Vasai, MH, IND, 401208
Website
https://www.globalpetind.com
Global Pet Industries Ltd is engaged in manufacturing of PET Stretch Blow Moulding Machine which is used for manufacturing of machine which is suitable in the business segment of Pet stretch below moulding solutions from 50ml to 20 Litres of PET bottles such as fridge bottles, packaged drinking mineral water bottles, carbonated soft drinks bottles, hot fill juice bottles, edible oil bottles, liquid detergent bottles, cosmetic products bottles, confectionery jars, Pharma bottles, liquor & distilleries bottles, pesticides bottles, etc. Apart from manufacturing of PET Stretch Blow Moulding Machine, the company also provides after-sales services such as providing spares, components, accessories and providing repairs and maintenance of the machines after delivery.

Global Pet Industries (NSE:GLOBALPET) Headlines

No Headlines