GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Vashu Bhagnani Industries Ltd (BOM:532011) » Definitions » Days Inventory

Vashu Bhagnani Industries (BOM:532011) Days Inventory : 190.06 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Vashu Bhagnani Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vashu Bhagnani Industries's Average Total Inventories for the three months ended in Dec. 2023 was ₹391.0 Mil. Vashu Bhagnani Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹187.7 Mil. Hence, Vashu Bhagnani Industries's Days Inventory for the three months ended in Dec. 2023 was 190.06.

The historical rank and industry rank for Vashu Bhagnani Industries's Days Inventory or its related term are showing as below:

BOM:532011' s Days Inventory Range Over the Past 10 Years
Min: 49.59   Med: 367.49   Max: 749.28
Current: 275.79

During the past 13 years, Vashu Bhagnani Industries's highest Days Inventory was 749.28. The lowest was 49.59. And the median was 367.49.

BOM:532011's Days Inventory is ranked worse than
91.02% of 657 companies
in the Media - Diversified industry
Industry Median: 26.06 vs BOM:532011: 275.79

Vashu Bhagnani Industries's Days Inventory declined from Dec. 2022 (654.43) to Dec. 2023 (190.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. Vashu Bhagnani Industries's Inventory Turnover for the three months ended in Dec. 2023 was 0.48.

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. Vashu Bhagnani Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.93.


Vashu Bhagnani Industries Days Inventory Historical Data

The historical data trend for Vashu Bhagnani Industries'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.

Vashu Bhagnani Industries Days Inventory Chart

Vashu Bhagnani Industries 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 412.58 749.28 - 611.83 397.20

Vashu Bhagnani Industries 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 654.43 326.65 375.00 265.77 190.06

Competitive Comparison of Vashu Bhagnani Industries's Days Inventory

For the Entertainment subindustry, Vashu Bhagnani Industries'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.


Vashu Bhagnani Industries's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Vashu Bhagnani Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vashu Bhagnani Industries's Days Inventory falls into.



Vashu Bhagnani Industries Days Inventory Calculation

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

Vashu Bhagnani Industries'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
=( (331.852 + 543.575) / 2 ) / 402.23*365
=437.7135 / 402.23*365
=397.20

Vashu Bhagnani Industries'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
=( (390.959 + 0) / 1 ) / 187.707*365 / 4
=390.959 / 187.707*365 / 4
=190.06

* 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.


Vashu Bhagnani Industries  (BOM:532011) 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.

Vashu Bhagnani Industries'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.

Vashu Bhagnani Industries'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.


Vashu Bhagnani Industries Days Inventory Related Terms

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


Vashu Bhagnani Industries (BOM:532011) Business Description

Traded in Other Exchanges
N/A
Address
Juhu Tara Road, CTS No. 892-893, Pooja House, 1st Floor, Opposite J. W. Marriott Hotel, Juhu, Mumbai, MH, IND, 400049
Pooja Entertainment & Films Ltd operates in the movies and entertainment industry conducting entertainment and film activities. The company engages in entertainment and films through co-production and production of films. It exploits and distributes films in India through music release, theatrical distribution, DVD and VCD release, television licensing, and other new media distribution avenues. The company has various films released in multiple languages. Its generation of films includes biographical drama, a social thriller, science fiction adventure, action-adventure, musical action drama, romantic comedy-sports, horror-comedy, comedy-drama, thriller, among others.

Vashu Bhagnani Industries (BOM:532011) Headlines

No Headlines