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Kriti Nutrients (BOM:533210) Days Inventory : 30.49 (As of Mar. 2024)


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What is Kriti Nutrients Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kriti Nutrients's Average Total Inventories for the three months ended in Mar. 2024 was ₹479 Mil. Kriti Nutrients's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,433 Mil. Hence, Kriti Nutrients's Days Inventory for the three months ended in Mar. 2024 was 30.49.

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

BOM:533210' s Days Inventory Range Over the Past 10 Years
Min: 20.46   Med: 29.06   Max: 35.69
Current: 35.64

During the past 13 years, Kriti Nutrients's highest Days Inventory was 35.69. The lowest was 20.46. And the median was 29.06.

BOM:533210's Days Inventory is ranked better than
86.83% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs BOM:533210: 35.64

Kriti Nutrients's Days Inventory declined from Mar. 2023 (36.60) to Mar. 2024 (30.49).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kriti Nutrients's Inventory Turnover for the three months ended in Mar. 2024 was 2.99.

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. Kriti Nutrients's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.28.


Kriti Nutrients Days Inventory Historical Data

The historical data trend for Kriti Nutrients'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.

Kriti Nutrients Days Inventory Chart

Kriti Nutrients 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 23.99 20.46 23.54 29.49 35.69

Kriti Nutrients 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 36.60 32.21 46.19 36.98 30.49

Competitive Comparison of Kriti Nutrients's Days Inventory

For the Packaged Foods subindustry, Kriti Nutrients'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.


Kriti Nutrients's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kriti Nutrients's Days Inventory distribution charts can be found below:

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



Kriti Nutrients Days Inventory Calculation

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

Kriti Nutrients'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
=( (642.95 + 478.898) / 2 ) / 5736.996*365
=560.924 / 5736.996*365
=35.69

Kriti Nutrients'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 + 478.898) / 1 ) / 1433.344*365 / 4
=478.898 / 1433.344*365 / 4
=30.49

* 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.


Kriti Nutrients  (BOM:533210) 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.

Kriti Nutrients'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.

Kriti Nutrients'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.


Kriti Nutrients Days Inventory Related Terms

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


Kriti Nutrients (BOM:533210) Business Description

Traded in Other Exchanges
Address
Brilliant Sapphire, 801 - 804, 8th Floor, Plot No. 10, Scheme No. 78-II, Vijay Nagar, Indore, MP, IND, 452 010
Kriti Nutrients Ltd is an India-based firm engaged in the business of soya seed extraction, and manufacturing and selling of cooking oil under the brand KRITI. The product portfolio of the company includes soya lecithin flakes and flour, and soya crude oil/refined oil. It generates majority of its revenues through the sale of its products. Geographically, it derives a majority of revenue from India.

Kriti Nutrients (BOM:533210) Headlines

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