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Tribhovandas Bhimji Zaveri (BOM:534369) Days Inventory : 252.01 (As of Mar. 2024)


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What is Tribhovandas Bhimji Zaveri Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tribhovandas Bhimji Zaveri's Average Total Inventories for the three months ended in Mar. 2024 was ₹11,971 Mil. Tribhovandas Bhimji Zaveri's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4,334 Mil. Hence, Tribhovandas Bhimji Zaveri's Days Inventory for the three months ended in Mar. 2024 was 252.01.

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

BOM:534369' s Days Inventory Range Over the Past 10 Years
Min: 212.88   Med: 267.26   Max: 357.31
Current: 224.28

During the past 13 years, Tribhovandas Bhimji Zaveri's highest Days Inventory was 357.31. The lowest was 212.88. And the median was 267.26.

BOM:534369's Days Inventory is ranked worse than
81.12% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.635 vs BOM:534369: 224.28

Tribhovandas Bhimji Zaveri's Days Inventory declined from Mar. 2023 (286.81) to Mar. 2024 (252.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tribhovandas Bhimji Zaveri's Inventory Turnover for the three months ended in Mar. 2024 was 0.36.

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. Tribhovandas Bhimji Zaveri's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.36.


Tribhovandas Bhimji Zaveri Days Inventory Historical Data

The historical data trend for Tribhovandas Bhimji Zaveri'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.

Tribhovandas Bhimji Zaveri Days Inventory Chart

Tribhovandas Bhimji Zaveri 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 291.83 357.31 248.93 212.88 225.46

Tribhovandas Bhimji Zaveri 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 286.81 231.01 267.35 170.89 252.01

Competitive Comparison of Tribhovandas Bhimji Zaveri's Days Inventory

For the Luxury Goods subindustry, Tribhovandas Bhimji Zaveri'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.


Tribhovandas Bhimji Zaveri's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tribhovandas Bhimji Zaveri's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tribhovandas Bhimji Zaveri's Days Inventory falls into.



Tribhovandas Bhimji Zaveri Days Inventory Calculation

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

Tribhovandas Bhimji Zaveri'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
=( (12226.83 + 11970.606) / 2 ) / 19586.757*365
=12098.718 / 19586.757*365
=225.46

Tribhovandas Bhimji Zaveri'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 + 11970.606) / 1 ) / 4334.39*365 / 4
=11970.606 / 4334.39*365 / 4
=252.01

* 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.


Tribhovandas Bhimji Zaveri  (BOM:534369) 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.

Tribhovandas Bhimji Zaveri'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.

Tribhovandas Bhimji Zaveri'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.


Tribhovandas Bhimji Zaveri Days Inventory Related Terms

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


Tribhovandas Bhimji Zaveri (BOM:534369) Business Description

Traded in Other Exchanges
Address
Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading and selling jewellery. The company offers a range of products, including pendants, earrings, waist belts, watches, necklaces, bracelets, rings, and bangles. Its product portfolio includes plain gold, diamond-studded, semi-precious stone studded, diamond-studded platinum jewellery, jewellery with coloured stones in gold and diamond, loose diamond solitaires, loose precious and semi-precious stones, and jadau jewellery. The company provides jewellery for various occasions including wedding, festival, everyday wear, contemporary, and traditional wear. The company's business activity falls within a single primary business segment of Jewellery and one reportable geographical segment which is within India.

Tribhovandas Bhimji Zaveri (BOM:534369) Headlines

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