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Kandagiri Spinning Mills (BOM:521242) Days Inventory : 0.00 (As of Mar. 2024)


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What is Kandagiri Spinning Mills Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kandagiri Spinning Mills's Average Total Inventories for the three months ended in Mar. 2024 was ₹0.00 Mil. Kandagiri Spinning Mills's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹14.96 Mil. Hence, Kandagiri Spinning Mills's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Kandagiri Spinning Mills's Days Inventory or its related term are showing as below:

During the past 13 years, Kandagiri Spinning Mills's highest Days Inventory was 243.92. The lowest was 115.25. And the median was 134.04.

BOM:521242's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 132.24
* Ranked among companies with meaningful Days Inventory only.

Kandagiri Spinning Mills's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Kandagiri Spinning Mills's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Kandagiri Spinning Mills Days Inventory Historical Data

The historical data trend for Kandagiri Spinning Mills'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.

Kandagiri Spinning Mills Days Inventory Chart

Kandagiri Spinning Mills 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 120.84 115.25 - - -

Kandagiri Spinning Mills 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 - - - - -

Competitive Comparison of Kandagiri Spinning Mills's Days Inventory

For the Textile Manufacturing subindustry, Kandagiri Spinning Mills'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.


Kandagiri Spinning Mills's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kandagiri Spinning Mills's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kandagiri Spinning Mills's Days Inventory falls into.



Kandagiri Spinning Mills Days Inventory Calculation

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

Kandagiri Spinning Mills'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
=( (0 + 0) / 1 ) / 14.963*365
=0 / 14.963*365
=0.00

Kandagiri Spinning Mills'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 + 0) / 1 ) / 14.963*365 / 4
=0 / 14.963*365 / 4
=0.00

* 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.


Kandagiri Spinning Mills  (BOM:521242) 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.

Kandagiri Spinning Mills'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.

Kandagiri Spinning Mills'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.


Kandagiri Spinning Mills Days Inventory Related Terms

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


Kandagiri Spinning Mills (BOM:521242) Business Description

Traded in Other Exchanges
N/A
Address
Mill Premises, Post Box No. 3, Udayapatti P.O, Salem, TN, IND, 636 140
Kandagiri Spinning Mills Ltd is engaged in Cotton Yarn and continued to lease out its immovable properties. The Company's primary segment is identified as a business segment based on the nature of products, risk, returns, and internal reporting business systems the company is principally engaged in a single business segment viz. trading of cotton yarn. The majority of revenue is received from the sale of products.

Kandagiri Spinning Mills (BOM:521242) Headlines

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