The historical rank and industry rank for Gokak Textiles's Days Inventory or its related term are showing as below:
BOM:532957'
s Days Inventory Range Over the Past 10 Years
Min: 76.19 Med: 104.73 Max: 252.97
Current: 82.45
During the past 13 years, Gokak Textiles's highest Days Inventory was 252.97. The lowest was 76.19. And the median was 104.73.
BOM:532957's Days Inventory is ranked better than 72.58% of 1003
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 131.33
vs BOM:532957: 82.45
Gokak Textiles's Days Inventory
increased
from Mar. 2023 (102.87) to Mar. 2024 (119.21).
It might indicate that Gokak Textiles's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Gokak Textiles's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.77.
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.
Gokak Textiles's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.25.
Gokak Textiles Days Inventory Historical Data
The historical data trend for Gokak Textiles'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.
Competitive Comparison of Gokak Textiles's Days Inventory
For the Textile Manufacturing subindustry, Gokak Textiles'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.
Gokak Textiles's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gokak Textiles's Days Inventory distribution charts can be found below:
* The bar in red indicates where Gokak Textiles's Days Inventory falls into.
Gokak Textiles Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Gokak Textiles's Days Inventory for the fiscal year that 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.
Gokak Textiles (BOM:532957) 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.
Gokak Textiles'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.
Gokak Textiles'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.
Gokak Textiles Days Inventory Related Terms
Thank you for viewing the detailed overview of Gokak Textiles's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Gokak Textiles Ltd is a holding company. It is engaged in the business of textiles, manufacturing cotton yarn, blended yarn, industrial fabrics, terry towels, t-shirts, polos, undergarments, and sweaters, among others. It is also engaged in the generation, transmission, distribution, and trading of hydropower and other renewal and non-renewal sources of energy. The company's product categories include dyed yarns, canvas, yarns, and made-ups. Its yarn products include knitting, weaving, towels, socks, sweaters, home furnishing, and industrial and customized yarns. Its canvas products category includes tents, tarpaulins, animal covers, and agriculture covers. Made-ups category includes towels and knitted garments. The company operates in one reportable segment which is Textile.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:532957 has been successfully added to your 