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Ravikumar Distilleries (NSE:RKDL) Days Inventory : 277.31 (As of Dec. 2023)


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What is Ravikumar Distilleries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ravikumar Distilleries's Average Total Inventories for the three months ended in Dec. 2023 was ₹141.5 Mil. Ravikumar Distilleries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹46.6 Mil. Hence, Ravikumar Distilleries's Days Inventory for the three months ended in Dec. 2023 was 277.31.

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

NSE:RKDL' s Days Inventory Range Over the Past 10 Years
Min: 108.72   Med: 199.2   Max: 49659.59
Current: 276.24

During the past 13 years, Ravikumar Distilleries's highest Days Inventory was 49659.59. The lowest was 108.72. And the median was 199.20.

NSE:RKDL's Days Inventory is ranked worse than
61.35% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 160.75 vs NSE:RKDL: 276.24

Ravikumar Distilleries's Days Inventory increased from Dec. 2022 (259.47) to Dec. 2023 (277.31). It might indicate that Ravikumar Distilleries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ravikumar Distilleries's Inventory Turnover for the three months ended in Dec. 2023 was 0.33.

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. Ravikumar Distilleries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.75.


Ravikumar Distilleries Days Inventory Historical Data

The historical data trend for Ravikumar Distilleries'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.

Ravikumar Distilleries Days Inventory Chart

Ravikumar Distilleries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.72 122.60 49,659.59 975.50 281.79

Ravikumar Distilleries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 259.47 277.33 260.75 253.74 277.31

Competitive Comparison of Ravikumar Distilleries's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Ravikumar Distilleries'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.


Ravikumar Distilleries's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Ravikumar Distilleries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ravikumar Distilleries's Days Inventory falls into.



Ravikumar Distilleries Days Inventory Calculation

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

Ravikumar Distilleries'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
=( (207.905 + 167.377) / 2 ) / 243.047*365
=187.641 / 243.047*365
=281.79

Ravikumar Distilleries's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (141.479 + 0) / 1 ) / 46.554*365 / 4
=141.479 / 46.554*365 / 4
=277.31

* 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.


Ravikumar Distilleries  (NSE:RKDL) 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.

Ravikumar Distilleries's Inventory Turnover for the three months ended in Dec. 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.

Ravikumar Distilleries's Inventory to Revenue for the three months ended in Dec. 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.


Ravikumar Distilleries Days Inventory Related Terms

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Ravikumar Distilleries (NSE:RKDL) Business Description

Traded in Other Exchanges
Address
2nd Main Road, C-9, C-10, Industrial Estate, Thattanchavady, Puducherry, IND, 605 009
Ravikumar Distilleries Ltd operates in the beverages industry. The company is principally engaged in the manufacturing and trading of liquors. The company's product categories include super-premium, premium, and regular. Its super-premium products comprise Capricorn super-premium whisky, Capricorn super brandy, and 2 barrels Napoleon brandy. Its premium products include 3 coins VSOP brandy, Mr.King brandy, Dupleix fine whisky, and Kada mark brandy. Its Regular products include Konarak grape brandy, Konarak malt whisky, and Chevalier brandy.

Ravikumar Distilleries (NSE:RKDL) Headlines

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