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Ludlow Jute & Specialities (BOM:526179) Days Inventory : 182.64 (As of Dec. 2023)


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What is Ludlow Jute & Specialities Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ludlow Jute & Specialities's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,066 Mil. Ludlow Jute & Specialities's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹532 Mil. Hence, Ludlow Jute & Specialities's Days Inventory for the three months ended in Dec. 2023 was 182.64.

The historical rank and industry rank for Ludlow Jute & Specialities's Days Inventory or its related term are showing as below:

BOM:526179' s Days Inventory Range Over the Past 10 Years
Min: 78.22   Med: 101.93   Max: 137.64
Current: 115.64

During the past 13 years, Ludlow Jute & Specialities's highest Days Inventory was 137.64. The lowest was 78.22. And the median was 101.93.

BOM:526179's Days Inventory is ranked better than
56.11% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.52 vs BOM:526179: 115.64

Ludlow Jute & Specialities's Days Inventory increased from Dec. 2022 (118.03) to Dec. 2023 (182.64). It might indicate that Ludlow Jute & Specialities's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ludlow Jute & Specialities's Inventory Turnover for the three months ended in Dec. 2023 was 0.50.

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. Ludlow Jute & Specialities's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.07.


Ludlow Jute & Specialities Days Inventory Historical Data

The historical data trend for Ludlow Jute & Specialities'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.

Ludlow Jute & Specialities Days Inventory Chart

Ludlow Jute & Specialities 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 106.33 127.29 137.64 92.22 107.26

Ludlow Jute & Specialities 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 118.03 81.45 161.85 130.57 182.64

Competitive Comparison of Ludlow Jute & Specialities's Days Inventory

For the Textile Manufacturing subindustry, Ludlow Jute & Specialities'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.


Ludlow Jute & Specialities's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ludlow Jute & Specialities's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ludlow Jute & Specialities's Days Inventory falls into.



Ludlow Jute & Specialities Days Inventory Calculation

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

Ludlow Jute & Specialities'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
=( (982.319 + 1325.481) / 2 ) / 3926.741*365
=1153.9 / 3926.741*365
=107.26

Ludlow Jute & Specialities'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
=( (1065.6 + 0) / 1 ) / 532.4*365 / 4
=1065.6 / 532.4*365 / 4
=182.64

* 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.


Ludlow Jute & Specialities  (BOM:526179) 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.

Ludlow Jute & Specialities'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.

Ludlow Jute & Specialities'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.


Ludlow Jute & Specialities Days Inventory Related Terms

Thank you for viewing the detailed overview of Ludlow Jute & Specialities's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Ludlow Jute & Specialities (BOM:526179) Business Description

Traded in Other Exchanges
N/A
Address
23C, Ashutosh Chowdhury Avenue, KCI Plaza, 4th Floor, Kolkata, WB, IND, 700 019
Ludlow Jute & Specialities Ltd is an India-based company, which offers jute goods. The company operates in the segment of manufacturing and sale of Jute Goods. It offers products such as Jute yarn, Hessian cloth, and Food grade bags; Jute geotextiles, such as Soil saver (Jute mesh), woven and nonwoven, and diversified products, such as Jute felt/nonwoven, Jute canvas, Leno/scrim cloth, and Decorative hessian fabric. The company primarily operates in India. It also offers its products in the Overseas market.

Ludlow Jute & Specialities (BOM:526179) Headlines

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