Focus Lighting and Fixtures (NSE:FOCUS) Days Inventory : 118.60 (As of Mar. 2023)

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What is Focus Lighting and Fixtures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Focus Lighting and Fixtures's Average Total Inventories for the six months ended in Mar. 2023 was ₹363 Mil. Focus Lighting and Fixtures's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹558 Mil. Hence, Focus Lighting and Fixtures's Days Inventory for the six months ended in Mar. 2023 was 118.60.

The historical rank and industry rank for Focus Lighting and Fixtures's Days Inventory or its related term are showing as below:

NSE:FOCUS' s Days Inventory Range Over the Past 10 Years
Min: 37.33 Med: 47.16 Max: 142.45
Current: 126.4

During the past 12 years, Focus Lighting and Fixtures's highest Days Inventory was 142.45. The lowest was 37.33. And the median was 47.16.

NSE:FOCUS's Days Inventory is ranked worse than
63.73% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.505 vs NSE:FOCUS: 126.40

Focus Lighting and Fixtures's Days Inventory increased from Mar. 2022 (110.76) to Mar. 2023 (118.60). It might indicate that Focus Lighting and Fixtures's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Focus Lighting and Fixtures's Inventory Turnover for the six months ended in Mar. 2023 was 1.54.

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. Focus Lighting and Fixtures's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.36.

Focus Lighting and Fixtures Days Inventory Historical Data

The historical data trend for Focus Lighting and Fixtures'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.

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Focus Lighting and Fixtures Days Inventory Chart

Focus Lighting and Fixtures Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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45.01

75.85

142.45

109.39

122.55

Focus Lighting and Fixtures Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Inventory	Get a 7-Day Free Trial														95.21	119.14	110.76	143.11	118.60

Competitive Comparison of Focus Lighting and Fixtures's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Focus Lighting and Fixtures'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.

Focus Lighting and Fixtures's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Focus Lighting and Fixtures's Days Inventory distribution charts can be found below:

* The bar in red indicates where Focus Lighting and Fixtures's Days Inventory falls into.

Focus Lighting and Fixtures Days Inventory Calculation

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

Focus Lighting and Fixtures'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
=	( (236.341	+	385.076)	/	2 )	/	925.423	*	365
=	310.7085					/	925.423	*	365
=	122.55

Focus Lighting and Fixtures'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: Sep. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (340.035	+	385.076)	/	2 )	/	557.909	*	365 / 2
=	362.5555					/	557.909	*	365 / 2
=	118.60

Focus Lighting and Fixtures (NSE:FOCUS) 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.

Focus Lighting and Fixtures's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	557.909	/	362.5555
	=	1.54

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.

Focus Lighting and Fixtures's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	362.5555	/	1017.267
	=	0.36

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.

Focus Lighting and Fixtures Days Inventory Related Terms

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

Focus Lighting and Fixtures (NSE:FOCUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Focus Lighting and Fixtures Ltd (NSE:FOCUS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sonawala Road, Near Udyog Bhavan, 1007-1010, Corporate Avenue Wing A, Goregaon (East), Mumbai, MH, IND, 400063

Website

https://www.pluslighttech.com

Focus Lighting and Fixtures Ltd provide lighting fixtures. The company has two reportable segments namely trading and manufacturing activities. It generates maximum revenue from the Trading segment. The company products include cabinet lights, lighting systems, pendants, recessed, semi-recessed, surface, track, and trimless.

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