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Gokaldas Exports (BOM:532630) Days Inventory : 82.06 (As of Dec. 2023)


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What is Gokaldas Exports Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gokaldas Exports's Average Total Inventories for the three months ended in Dec. 2023 was ₹2,233 Mil. Gokaldas Exports's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,483 Mil. Hence, Gokaldas Exports's Days Inventory for the three months ended in Dec. 2023 was 82.06.

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

BOM:532630' s Days Inventory Range Over the Past 10 Years
Min: 102.46   Med: 139.11   Max: 158.8
Current: 102.46

During the past 13 years, Gokaldas Exports's highest Days Inventory was 158.80. The lowest was 102.46. And the median was 139.11.

BOM:532630's Days Inventory is ranked better than
61.58% of 1010 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.41 vs BOM:532630: 102.46

Gokaldas Exports's Days Inventory declined from Dec. 2022 (114.91) to Dec. 2023 (82.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gokaldas Exports's Inventory Turnover for the three months ended in Dec. 2023 was 1.11.

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. Gokaldas Exports's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.40.


Gokaldas Exports Days Inventory Historical Data

The historical data trend for Gokaldas Exports'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.

Gokaldas Exports Days Inventory Chart

Gokaldas Exports 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 144.77 139.71 158.80 138.04 111.52

Gokaldas Exports 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 114.91 96.23 104.60 86.44 82.06

Competitive Comparison of Gokaldas Exports's Days Inventory

For the Apparel Manufacturing subindustry, Gokaldas Exports'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.


Gokaldas Exports's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Gokaldas Exports Days Inventory Calculation

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

Gokaldas Exports'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
=( (4336.2 + 2929.922) / 2 ) / 11890.372*365
=3633.061 / 11890.372*365
=111.52

Gokaldas Exports'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
=( (2232.818 + 0) / 1 ) / 2482.777*365 / 4
=2232.818 / 2482.777*365 / 4
=82.06

* 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.


Gokaldas Exports  (BOM:532630) 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.

Gokaldas Exports'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.

Gokaldas Exports'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.


Gokaldas Exports Days Inventory Related Terms

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


Gokaldas Exports (BOM:532630) Business Description

Traded in Other Exchanges
Address
No. 25, Second Cross, Third Main, Industrial Suburb, Yeshwantpur, Bangalore, KA, IND, 560 022
Gokaldas Exports Ltd is a manufacturer and exporter of apparel in India. Its principal business activities include the design, manufacture, and sale of a wide range of garments for men, women, and children and caters to the needs of several international fashion brands and retailers. The company mainly operates in two geographical areas - India and the rest of the world. Its principal source of revenue for the company is the export of garments and related products.

Gokaldas Exports (BOM:532630) Headlines

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