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Jetmall Spices and Masala (BOM:543286) Days Inventory : 59.16 (As of Sep. 2023)


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What is Jetmall Spices and Masala Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jetmall Spices and Masala's Average Total Inventories for the six months ended in Sep. 2023 was ₹1.02 Mil. Jetmall Spices and Masala's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹3.13 Mil. Hence, Jetmall Spices and Masala's Days Inventory for the six months ended in Sep. 2023 was 59.16.

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

BOM:543286' s Days Inventory Range Over the Past 10 Years
Min: 12.58   Med: 34.12   Max: 82.05
Current: 12.58

During the past 6 years, Jetmall Spices and Masala's highest Days Inventory was 82.05. The lowest was 12.58. And the median was 34.12.

BOM:543286's Days Inventory is ranked better than
87.79% of 303 companies
in the Retail - Defensive industry
Industry Median: 35.95 vs BOM:543286: 12.58

Jetmall Spices and Masala's Days Inventory declined from Sep. 2022 (69.10) to Sep. 2023 (59.16).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jetmall Spices and Masala's Inventory Turnover for the six months ended in Sep. 2023 was 3.08.

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. Jetmall Spices and Masala's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.18.


Jetmall Spices and Masala Days Inventory Historical Data

The historical data trend for Jetmall Spices and Masala'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.

Jetmall Spices and Masala Days Inventory Chart

Jetmall Spices and Masala Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial 30.23 38.00 71.48 82.05 28.61

Jetmall Spices and Masala Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.12 125.75 69.10 6.85 59.16

Competitive Comparison of Jetmall Spices and Masala's Days Inventory

For the Food Distribution subindustry, Jetmall Spices and Masala'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.


Jetmall Spices and Masala's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Jetmall Spices and Masala's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jetmall Spices and Masala's Days Inventory falls into.



Jetmall Spices and Masala Days Inventory Calculation

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

Jetmall Spices and Masala'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
=( (3.754 + 1.016) / 2 ) / 30.424*365
=2.385 / 30.424*365
=28.61

Jetmall Spices and Masala's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1.016 + 1.014) / 2 ) / 3.131*365 / 2
=1.015 / 3.131*365 / 2
=59.16

* 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.


Jetmall Spices and Masala  (BOM:543286) 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.

Jetmall Spices and Masala's Inventory Turnover for the six months ended in Sep. 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.

Jetmall Spices and Masala's Inventory to Revenue for the six months ended in Sep. 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.


Jetmall Spices and Masala Days Inventory Related Terms

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Jetmall Spices and Masala (BOM:543286) Business Description

Traded in Other Exchanges
N/A
Address
No. 33/1, Ritherdon Road, Vepery, Chennai, TN, IND, 600 007
Jetmall Spices and Masala Ltd is engaged in business of Manufacturing & trading of food and processed foods. Company is dealing in only one segment of business that is trading of Spices, Masala, Food Grains and Kirana Products.

Jetmall Spices and Masala (BOM:543286) Headlines

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