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Narbada Gems & Jewellery (BOM:519455) Days Inventory : 579.41 (As of Mar. 2024)


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What is Narbada Gems & Jewellery Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Narbada Gems & Jewellery's Average Total Inventories for the three months ended in Mar. 2024 was ₹631.4 Mil. Narbada Gems & Jewellery's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹99.4 Mil. Hence, Narbada Gems & Jewellery's Days Inventory for the three months ended in Mar. 2024 was 579.41.

The historical rank and industry rank for Narbada Gems & Jewellery's Days Inventory or its related term are showing as below:

BOM:519455' s Days Inventory Range Over the Past 10 Years
Min: 31.7   Med: 111.05   Max: 312.29
Current: 312.29

During the past 13 years, Narbada Gems & Jewellery's highest Days Inventory was 312.29. The lowest was 31.70. And the median was 111.05.

BOM:519455's Days Inventory is ranked worse than
84.11% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.775 vs BOM:519455: 312.29

Narbada Gems & Jewellery's Days Inventory increased from Mar. 2023 (269.21) to Mar. 2024 (579.41). It might indicate that Narbada Gems & Jewellery'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. Narbada Gems & Jewellery's Inventory Turnover for the three months ended in Mar. 2024 was 0.16.

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. Narbada Gems & Jewellery's Inventory-to-Revenue for the three months ended in Mar. 2024 was 6.89.


Narbada Gems & Jewellery Days Inventory Historical Data

The historical data trend for Narbada Gems & Jewellery'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.

Narbada Gems & Jewellery Days Inventory Chart

Narbada Gems & Jewellery Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.08 225.13 213.81 201.06 305.85

Narbada Gems & Jewellery 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 269.21 267.17 314.35 241.39 579.41

Competitive Comparison of Narbada Gems & Jewellery's Days Inventory

For the Luxury Goods subindustry, Narbada Gems & Jewellery'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.


Narbada Gems & Jewellery's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Narbada Gems & Jewellery's Days Inventory distribution charts can be found below:

* The bar in red indicates where Narbada Gems & Jewellery's Days Inventory falls into.



Narbada Gems & Jewellery Days Inventory Calculation

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

Narbada Gems & Jewellery'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
=( (529.678 + 631.432) / 2 ) / 692.831*365
=580.555 / 692.831*365
=305.85

Narbada Gems & Jewellery'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 + 631.432) / 1 ) / 99.442*365 / 4
=631.432 / 99.442*365 / 4
=579.41

* 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.


Narbada Gems & Jewellery  (BOM:519455) 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.

Narbada Gems & Jewellery'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.

Narbada Gems & Jewellery'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.


Narbada Gems & Jewellery Days Inventory Related Terms

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


Narbada Gems & Jewellery (BOM:519455) Business Description

Traded in Other Exchanges
N/A
Address
3-6-291/4/B, 2nd Floor, Hyderguda, Hyderabad, TG, IND, 500029
Narbada Gems & Jewellery Ltd is engaged in the business of manufacturing and trading Gold, Color Stones, and Diamond jewellery with an emphasis on rose-cut and flat diamond jewellery. The company provides a selection of contemporary styles and custom jewelry to its clients. It offers a range of jewelry collections product including Gemstone necklace sets, Earrings, and Pendants. the company operates in a single segment which is Jewellery manufacturing. It derives key revenue from India.

Narbada Gems & Jewellery (BOM:519455) Headlines

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