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Swarnsarita Jewels India (BOM:526365) Days Inventory : 47.35 (As of Dec. 2023)


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What is Swarnsarita Jewels India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Swarnsarita Jewels India's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,030 Mil. Swarnsarita Jewels India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,985 Mil. Hence, Swarnsarita Jewels India's Days Inventory for the three months ended in Dec. 2023 was 47.35.

The historical rank and industry rank for Swarnsarita Jewels India's Days Inventory or its related term are showing as below:

BOM:526365' s Days Inventory Range Over the Past 10 Years
Min: 40.57   Med: 70.22   Max: 102.37
Current: 53.47

During the past 13 years, Swarnsarita Jewels India's highest Days Inventory was 102.37. The lowest was 40.57. And the median was 70.22.

BOM:526365's Days Inventory is ranked better than
77.43% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.775 vs BOM:526365: 53.47

Swarnsarita Jewels India's Days Inventory increased from Dec. 2022 (44.43) to Dec. 2023 (47.35). It might indicate that Swarnsarita Jewels India's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Swarnsarita Jewels India's Inventory Turnover for the three months ended in Dec. 2023 was 1.93.

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. Swarnsarita Jewels India's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.51.


Swarnsarita Jewels India Days Inventory Historical Data

The historical data trend for Swarnsarita Jewels India'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.

Swarnsarita Jewels India Days Inventory Chart

Swarnsarita Jewels India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.92 72.52 62.09 40.57 46.17

Swarnsarita Jewels India 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 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 44.43 70.59 55.67 47.59 47.35

Competitive Comparison of Swarnsarita Jewels India's Days Inventory

For the Luxury Goods subindustry, Swarnsarita Jewels India'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.


Swarnsarita Jewels India's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Swarnsarita Jewels India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Swarnsarita Jewels India's Days Inventory falls into.



Swarnsarita Jewels India Days Inventory Calculation

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

Swarnsarita Jewels India'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
=( (959.022 + 1107.132) / 2 ) / 8166.783*365
=1033.077 / 8166.783*365
=46.17

Swarnsarita Jewels India'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
=( (1030.045 + 0) / 1 ) / 1985.102*365 / 4
=1030.045 / 1985.102*365 / 4
=47.35

* 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.


Swarnsarita Jewels India  (BOM:526365) 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.

Swarnsarita Jewels India's Inventory Turnover for the three months ended in Dec. 2023 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.

Swarnsarita Jewels India's Inventory to Revenue for the three months ended in Dec. 2023 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.


Swarnsarita Jewels India Days Inventory Related Terms

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


Swarnsarita Jewels India (BOM:526365) Business Description

Traded in Other Exchanges
N/A
Address
Office No. 24, 3-7 Dhanji Street, Navnidan Bhuvan, 2nd Floor, Mumbai, MH, IND, 400003
Swarnsarita Jewels India Ltd is principally engaged in manufacturing, exports-imports, wholesale and retail marketing of high-end Gold Jewellery and Diamond Jewellery. The company operates through multiple regions across India. Most of its revenue is earned from the Indian market, while it also has a presence in various abroad countries. It operates in one segment Diamond studded Jewellery.

Swarnsarita Jewels India (BOM:526365) Headlines

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