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Linc (BOM:531241) Days Inventory : 107.54 (As of Mar. 2024)


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What is Linc Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Linc's Average Total Inventories for the three months ended in Mar. 2024 was ₹961 Mil. Linc's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹815 Mil. Hence, Linc's Days Inventory for the three months ended in Mar. 2024 was 107.54.

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

BOM:531241' s Days Inventory Range Over the Past 10 Years
Min: 88.82   Med: 114.19   Max: 153.72
Current: 103.43

During the past 13 years, Linc's highest Days Inventory was 153.72. The lowest was 88.82. And the median was 114.19.

BOM:531241's Days Inventory is ranked better than
59.36% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs BOM:531241: 103.43

Linc's Days Inventory increased from Mar. 2023 (89.33) to Mar. 2024 (107.54). It might indicate that Linc's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Linc's Inventory Turnover for the three months ended in Mar. 2024 was 0.85.

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. Linc's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.68.


Linc Days Inventory Historical Data

The historical data trend for Linc'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.

Linc Days Inventory Chart

Linc 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 112.42 153.72 97.65 88.82 105.09

Linc 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 89.33 109.99 92.45 101.93 107.54

Competitive Comparison of Linc's Days Inventory

For the Business Equipment & Supplies subindustry, Linc'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.


Linc's Days Inventory Distribution in the Industrial Products Industry

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

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



Linc Days Inventory Calculation

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

Linc'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
=( (789.475 + 960.816) / 2 ) / 3039.643*365
=875.1455 / 3039.643*365
=105.09

Linc'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 + 960.816) / 1 ) / 815.291*365 / 4
=960.816 / 815.291*365 / 4
=107.54

* 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.


Linc  (BOM:531241) 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.

Linc'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.

Linc'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.


Linc Days Inventory Related Terms

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


Linc (BOM:531241) Business Description

Traded in Other Exchanges
Address
Sector V, Bidhannagar, Aurora Waterfront, 18th Floor, GN 34/1 Block, Kolkata, WB, IND, 700091
Linc Ltd formerly Linc Pen & Plastics Ltd is engaged in the manufacture and marketing of writing instruments and stationeries. The company offers products in domestic markets, which include Gel Pen, Ball Pen, Stationery, Notebook, and Files & Folders. Under Files & Folders, it offers Zipper Bag, Polyvinyl chloride (PVC) Mesh Zipper Bag Check, PVC Mesh Zipper Bag A4, Multi-Function Expanding File, and Elastic Expanding File. In international markets, the company offers Retractable Ball Pen, Stick Pen, Stationery, and Packaging. The company also offers personalized office business stationery. The group has only one primary business segment which is Writing Instrument and Stationary. It primarily operates in India.

Linc (BOM:531241) Headlines

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