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Page Industries (BOM:532827) Days Inventory

: 215.55 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Page Industries's Average Total Inventories for the three months ended in Dec. 2023 was ₹13,619 Mil. Page Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5,765 Mil. Hence, Page Industries's Days Inventory for the three months ended in Dec. 2023 was 215.55.

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

BOM:532827' s Days Inventory Range Over the Past 10 Years
Min: 146.39   Med: 188.8   Max: 225.03
Current: 219.49

During the past 13 years, Page Industries's highest Days Inventory was 225.03. The lowest was 146.39. And the median was 188.80.

BOM:532827's Days Inventory is ranked worse than
76.19% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.685 vs BOM:532827: 219.49

Page Industries's Days Inventory declined from Dec. 2022 (221.79) to Dec. 2023 (215.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Page Industries's Inventory Turnover for the three months ended in Dec. 2023 was 0.42.

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. Page Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.11.


Page Industries Days Inventory Historical Data

The historical data trend for Page 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.

Page Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 179.47 183.17 165.12 146.39 194.43

Page 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 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 Premium Member Only Premium Member Only Premium Member Only 221.79 198.50 249.32 249.09 215.55

Competitive Comparison

For the Apparel Manufacturing subindustry, Page 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.


Page Industries Days Inventory Distribution

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

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



Page Industries Days Inventory Calculation

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

Page 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
=( (9748.73 + 15952.64) / 2 ) / 24123.82*365
=12850.685 / 24123.82*365
=194.43

Page 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
=( (13618.97 + 0) / 1 ) / 5765.393*365 / 4
=13618.97 / 5765.393*365 / 4
=215.55

* 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.


Page Industries  (BOM:532827) 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.

Page 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.

Page 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.


Page Industries Days Inventory Related Terms

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


Page Industries (BOM:532827) Business Description

Traded in Other Exchanges
Address
Outer Ring Road, Umiya Business Bay, 7th Floor, Tower-1, Cessna Business Park, Kadubeesanahalli, Varthur Hobli, Bangalore, KA, IND, 560103
Page Industries Ltd is the exclusive licensee for the manufacture, marketing, and distribution of Jockey- and Speedo-branded apparel in India. The company also has the rights to Jockey in Sri Lanka, Bangladesh, Nepal, and the United Arab Emirates. Sales of innerwear and leisurewear products contribute Most of the company's revenue. Swimwear and other items make up the remaining revenue. The company sells its products through exclusive brand stores, some of which are run by franchisees, large-format stores, multibrand stores, and its e-commerce channel. Most of the company's sales are in India.

Page Industries (BOM:532827) Headlines

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