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Kothari Products (BOM:530299) Days Inventory : 2.07 (As of Mar. 2024)


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What is Kothari Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kothari Products's Average Total Inventories for the three months ended in Mar. 2024 was ₹62 Mil. Kothari Products's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,728 Mil. Hence, Kothari Products's Days Inventory for the three months ended in Mar. 2024 was 2.07.

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

BOM:530299' s Days Inventory Range Over the Past 10 Years
Min: 0.57   Med: 11.39   Max: 12.7
Current: 3.28

During the past 13 years, Kothari Products's highest Days Inventory was 12.70. The lowest was 0.57. And the median was 11.39.

BOM:530299's Days Inventory is ranked better than
97.12% of 452 companies
in the Conglomerates industry
Industry Median: 75.05 vs BOM:530299: 3.28

Kothari Products's Days Inventory declined from Mar. 2023 (2.14) to Mar. 2024 (2.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kothari Products's Inventory Turnover for the three months ended in Mar. 2024 was 44.07.

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. Kothari Products's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.02.


Kothari Products Days Inventory Historical Data

The historical data trend for Kothari Products'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.

Kothari Products Days Inventory Chart

Kothari Products 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 12.70 8.56 0.57 2.07 2.56

Kothari Products 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 2.14 3.13 4.41 5.18 2.07

Competitive Comparison of Kothari Products's Days Inventory

For the Conglomerates subindustry, Kothari Products'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.


Kothari Products's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kothari Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kothari Products's Days Inventory falls into.



Kothari Products Days Inventory Calculation

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

Kothari Products'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
=( (75.5 + 61.9) / 2 ) / 9779.1*365
=68.7 / 9779.1*365
=2.56

Kothari Products'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 + 61.9) / 1 ) / 2727.9*365 / 4
=61.9 / 2727.9*365 / 4
=2.07

* 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.


Kothari Products  (BOM:530299) 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.

Kothari Products'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.

Kothari Products'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.


Kothari Products Days Inventory Related Terms

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


Kothari Products (BOM:530299) Business Description

Traded in Other Exchanges
Address
24/19, The Mall, Pan Parag House, Kanpur, UP, IND, 208001
Kothari Products Ltd is an Indian company that engages in international trade, real estate ventures, and investment in securities. It operates through the trading items and real estate segments. The trading items segment which accounts for the majority revenue of the firm engages in the import and export trade of agro-based commodities, minerals, metals, petroleum products, coal, tiles, notebooks, copier paper, steel, scrap, and polyvinyl chloride plastics. The real estate segment invests in residential and commercial properties.

Kothari Products (BOM:530299) Headlines

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