Euro India Fresh Foods (NSE:EIFFL) Days Inventory : 225.45 (As of Mar. 2023)

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What is Euro India Fresh Foods Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Euro India Fresh Foods's Average Total Inventories for the six months ended in Mar. 2023 was ₹624 Mil. Euro India Fresh Foods's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹1,010 Mil. Hence, Euro India Fresh Foods's Days Inventory for the six months ended in Mar. 2023 was 112.73.

The historical rank and industry rank for Euro India Fresh Foods's Days Inventory or its related term are showing as below:

NSE:EIFFL' s Days Inventory Range Over the Past 10 Years
Min: 225.45 Med: 259.57 Max: 370.05
Current: 225.45

During the past 12 years, Euro India Fresh Foods's highest Days Inventory was 370.05. The lowest was 225.45. And the median was 259.57.

NSE:EIFFL's Days Inventory is ranked worse than
89.08% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs NSE:EIFFL: 225.45

Euro India Fresh Foods's Days Inventory declined from Mar. 2021 (275.42) to Mar. 2023 (225.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Euro India Fresh Foods's Inventory Turnover for the six months ended in Mar. 2023 was 1.62.

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. Euro India Fresh Foods's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.45.

Euro India Fresh Foods Days Inventory Historical Data

The historical data trend for Euro India Fresh Foods'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.

Euro India Fresh Foods Days Inventory Chart

Euro India Fresh Foods Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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258.27

248.31

275.42

260.87

225.45

Euro India Fresh Foods Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Days Inventory	Get a 7-Day Free Trial							258.27	248.31	275.42	260.87	225.45

Competitive Comparison of Euro India Fresh Foods's Days Inventory

For the Packaged Foods subindustry, Euro India Fresh Foods'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.

Euro India Fresh Foods's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Euro India Fresh Foods's Days Inventory distribution charts can be found below:

* The bar in red indicates where Euro India Fresh Foods's Days Inventory falls into.

Euro India Fresh Foods Days Inventory Calculation

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

Euro India Fresh Foods'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
=	( (622.9	+	624.8)	/	2 )	/	1010	*	365
=	623.85					/	1010	*	365
=	225.45

Euro India Fresh Foods's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (622.9	+	624.8)	/	2 )	/	1010	*	365 / 2
=	623.85					/	1010	*	365 / 2
=	112.73

Euro India Fresh Foods (NSE:EIFFL) 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.

Euro India Fresh Foods's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1010	/	623.85
	=	1.62

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.

Euro India Fresh Foods's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	623.85	/	1388.6
	=	0.45

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.

Euro India Fresh Foods Days Inventory Related Terms

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

Euro India Fresh Foods (NSE:EIFFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Euro India Fresh Foods Ltd (NSE:EIFFL) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Andheri Kurla Road, Near Cinemax Theater, 501, 5th Floor, The Summit Business Bay, Andheri (East), Mumbai, MH, IND, 400059

Website

https://www.euroindiafoods.com

Euro India Fresh Foods Ltd is an Indian Food business firm. The company is engaged in manufacturing and selling processed food and beverages which is the only business segment. Company products include; Euro Chips, Euro Namkeens, Euro Getmore, Euro Wheels, packaged drinking water Euro Spa, Euro's mango drink Fresho, and lemon-based drinks Euro Lemoni. The firm has outlets in cities such as Surat, Ahmedabad, Bhavnagar, Mumbai and Others. Euro also exports products overseas however the majority of the revenue accrues from domestic sales.

Euro India Fresh Foods (NSE:EIFFL) Headlines

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