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Kachchh Minerals (BOM:531778) Days Inventory : 27.43 (As of Dec. 2023)


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What is Kachchh Minerals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kachchh Minerals's Average Total Inventories for the three months ended in Dec. 2023 was ₹2.00 Mil. Kachchh Minerals's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹6.65 Mil. Hence, Kachchh Minerals's Days Inventory for the three months ended in Dec. 2023 was 27.43.

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

BOM:531778' s Days Inventory Range Over the Past 10 Years
Min: 61.9   Med: 755.28   Max: 7728.93
Current: 61.9

During the past 13 years, Kachchh Minerals's highest Days Inventory was 7728.93. The lowest was 61.90. And the median was 755.28.

BOM:531778's Days Inventory is ranked better than
65.76% of 368 companies
in the Building Materials industry
Industry Median: 83.49 vs BOM:531778: 61.90

Kachchh Minerals's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (27.43). It might indicate that Kachchh Minerals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kachchh Minerals's Inventory Turnover for the three months ended in Dec. 2023 was 3.33.

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. Kachchh Minerals's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.19.


Kachchh Minerals Days Inventory Historical Data

The historical data trend for Kachchh Minerals'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.

Kachchh Minerals Days Inventory Chart

Kachchh Minerals 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 - 589.75 517.20 437.52 755.28

Kachchh Minerals 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 - - 77.34 33.31 27.43

Competitive Comparison of Kachchh Minerals's Days Inventory

For the Building Materials subindustry, Kachchh Minerals'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.


Kachchh Minerals's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kachchh Minerals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kachchh Minerals's Days Inventory falls into.



Kachchh Minerals Days Inventory Calculation

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

Kachchh Minerals'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
=( (3.206 + 2.77) / 2 ) / 1.444*365
=2.988 / 1.444*365
=755.28

Kachchh Minerals'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
=( (1.998 + 0) / 1 ) / 6.647*365 / 4
=1.998 / 6.647*365 / 4
=27.43

* 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.


Kachchh Minerals  (BOM:531778) 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.

Kachchh Minerals'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.

Kachchh Minerals'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.


Kachchh Minerals Days Inventory Related Terms

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


Kachchh Minerals (BOM:531778) Business Description

Traded in Other Exchanges
N/A
Address
98 Princess Street, 22, Mansur Building, 1st Floor, Mumbai, MH, IND, 400002
Kachchh Minerals Ltd is engaged in Mineral material business activities. It is also involved exploring China Clay, Silica Sand, and Mineral raw material. The company products are bifurcated namely in three categories Bentonite, Organoclay, and Cat litter. The company is engaged in Single Segment which Minerals Industry.

Kachchh Minerals (BOM:531778) Headlines

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