Goa Carbon (NSE:GOACARBON) Days Inventory : 76.39 (As of Dec. 2023)

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What is Goa Carbon Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Goa Carbon's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,687 Mil. Goa Carbon's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,015 Mil. Hence, Goa Carbon's Days Inventory for the three months ended in Dec. 2023 was 76.39.

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

NSE:GOACARBON' s Days Inventory Range Over the Past 10 Years
Min: 73.17 Med: 124.15 Max: 224.3
Current: 89.32

During the past 13 years, Goa Carbon's highest Days Inventory was 224.30. The lowest was 73.17. And the median was 124.15.

NSE:GOACARBON's Days Inventory is ranked worse than
54.19% of 1491 companies
in the Chemicals industry
Industry Median: 83.31 vs NSE:GOACARBON: 89.32

Goa Carbon's Days Inventory increased from Dec. 2022 (58.28) to Dec. 2023 (76.39). It might indicate that Goa Carbon's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goa Carbon's Inventory Turnover for the three months ended in Dec. 2023 was 1.19.

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. Goa Carbon's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.62.

Goa Carbon Days Inventory Historical Data

The historical data trend for Goa Carbon'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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Goa Carbon Days Inventory Chart

Goa Carbon Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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119.98

135.41

128.32

73.17

76.46

Goa Carbon Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															58.28	107.29	88.39	96.31	76.39

Competitive Comparison of Goa Carbon's Days Inventory

For the Specialty Chemicals subindustry, Goa Carbon'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.

Goa Carbon's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Goa Carbon's Days Inventory falls into.

Goa Carbon Days Inventory Calculation

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

Goa Carbon'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
=	( (1469.024	+	3279.393)	/	2 )	/	11333.572	*	365
=	2374.2085					/	11333.572	*	365
=	76.46

Goa Carbon's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1687.076	+	0)	/	1 )	/	2015.239	*	365 / 4
=	1687.076					/	2015.239	*	365 / 4
=	76.39

Goa Carbon (NSE:GOACARBON) 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.

Goa Carbon's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2015.239	/	1687.076
	=	1.19

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.

Goa Carbon's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1687.076	/	2723.001
	=	0.62

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.

Goa Carbon Days Inventory Related Terms

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

Goa Carbon (NSE:GOACARBON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Goa Carbon Ltd (NSE:GOACARBON) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

509567:India

Address

Dempo House, Campal, Panaji, GA, IND, 403001

Website

https://www.goacarbon.com

Goa Carbon Ltd is engaged in the business of manufacturing and marketing Calcined Petroleum Coke (CPC). The company is a regular supplier to aluminum smelters, graphite electrodes, and titanium Dioxide manufacturers, as well as other users in the metallurgical and chemical industries. The company is based in India.

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