Vital Chemtech (NSE:VITAL) Days Inventory : 48.84 (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Vital Chemtech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vital Chemtech's Average Total Inventories for the six months ended in Sep. 2023 was ₹111 Mil. Vital Chemtech's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹413 Mil. Hence, Vital Chemtech's Days Inventory for the six months ended in Sep. 2023 was 48.84.

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

NSE:VITAL' s Days Inventory Range Over the Past 10 Years
Min: 16.84 Med: 32.86 Max: 48.46
Current: 45.25

During the past 4 years, Vital Chemtech's highest Days Inventory was 48.46. The lowest was 16.84. And the median was 32.86.

NSE:VITAL's Days Inventory is ranked better than
80.76% of 1492 companies
in the Chemicals industry
Industry Median: 83.25 vs NSE:VITAL: 45.25

Vital Chemtech's Days Inventory increased from Sep. 2022 (40.20) to Sep. 2023 (48.84). It might indicate that Vital Chemtech's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vital Chemtech's Inventory Turnover for the six months ended in Sep. 2023 was 3.74.

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. Vital Chemtech's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.22.

Vital Chemtech Days Inventory Historical Data

The historical data trend for Vital Chemtech'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.

Vital Chemtech Days Inventory Chart

Vital Chemtech Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

16.84

19.50

48.46

46.21

Vital Chemtech Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			-	-	40.20	51.37	48.84

Competitive Comparison of Vital Chemtech's Days Inventory

For the Specialty Chemicals subindustry, Vital Chemtech'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.

Vital Chemtech's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Vital Chemtech's Days Inventory falls into.

Vital Chemtech Days Inventory Calculation

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

Vital Chemtech'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
=	( (90.547	+	134.663)	/	2 )	/	889.51	*	365
=	112.605					/	889.51	*	365
=	46.21

Vital Chemtech'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
=	( (134.663	+	86.349)	/	2 )	/	412.9	*	365 / 2
=	110.506					/	412.9	*	365 / 2
=	48.84

Vital Chemtech (NSE:VITAL) 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.

Vital Chemtech's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	412.9	/	110.506
	=	3.74

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.

Vital Chemtech's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	110.506	/	497.684
	=	0.22

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.

Vital Chemtech Days Inventory Related Terms

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

Vital Chemtech (NSE:VITAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Vital Chemtech Ltd (NSE:VITAL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

S. G. Highway, Opposite Karnavati Club, B-406, Mondeal Heights, Ahmedabad, GJ, IND, 380015

Website

https://www.vitalgroup.co.in

Vital Chemtech Ltd is engaged in the business of manufacturing, producing, refining, processing, formulating, mixing, enriching, mining, importing, exporting, acquiring, inventing, buying, selling, exchanging, distributing, and otherwise trading and dealing in all kinds of mixtures, formlations, intermediates, derivatives, compounds, phosphorous based chemicals, fine chemicals, heavy chemicals, valence, inorganic and organic chemicals, source materials, intermediates, ingredients, mixtures, derivatives and compounds. The company's Products include Phosphorus Derivatives, Industrial Chemicals, Specialty Chemicals & Intermediates, Organophosphates, Polymers & Dispersants, and Wellness Products.

Vital Chemtech (NSE:VITAL) Headlines

No Headlines