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Lehar Footwears (BOM:532829) Days Inventory

: 246.05 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Lehar Footwears's Average Total Inventories for the three months ended in Dec. 2023 was ₹536 Mil. Lehar Footwears's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹199 Mil. Hence, Lehar Footwears's Days Inventory for the three months ended in Dec. 2023 was 246.05.

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

BOM:532829' s Days Inventory Range Over the Past 10 Years
Min: 105.99   Med: 137.85   Max: 174.4
Current: 142.07

During the past 13 years, Lehar Footwears's highest Days Inventory was 174.40. The lowest was 105.99. And the median was 137.85.

BOM:532829's Days Inventory is ranked worse than
54.1% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.36 vs BOM:532829: 142.07

Lehar Footwears's Days Inventory increased from Dec. 2022 (225.16) to Dec. 2023 (246.05). It might indicate that Lehar Footwears's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lehar Footwears's Inventory Turnover for the three months ended in Dec. 2023 was 0.37.

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. Lehar Footwears's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.50.


Lehar Footwears Days Inventory Historical Data

The historical data trend for Lehar Footwears'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.

Lehar Footwears 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 148.32 174.40 111.63 150.37 127.37

Lehar Footwears 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 225.16 141.39 112.65 131.37 246.05

Competitive Comparison

For the Footwear & Accessories subindustry, Lehar Footwears'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.


Lehar Footwears Days Inventory Distribution

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

* The bar in red indicates where Lehar Footwears's Days Inventory falls into.



Lehar Footwears Days Inventory Calculation

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

Lehar Footwears'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
=( (447.947 + 574.806) / 2 ) / 1465.423*365
=511.3765 / 1465.423*365
=127.37

Lehar Footwears'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
=( (535.701 + 0) / 1 ) / 198.668*365 / 4
=535.701 / 198.668*365 / 4
=246.05

* 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.


Lehar Footwears  (BOM:532829) 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.

Lehar Footwears'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.

Lehar Footwears'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.


Lehar Footwears Days Inventory Related Terms

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


Lehar Footwears (BOM:532829) Business Description

Traded in Other Exchanges
N/A
Address
A-243 A, Road No. 6, V. K. I. Area, Jaipur, RJ, IND, 302013
Lehar Footwears Ltd is an India-based footwear manufacturing company. It manufactures a variety of footwear like lightweight fancy slippers, Polyvinyl Chloride (PVC) and Thermoplastic rubbers (TPR) footwear, synthetic leather chappals in addition to Hawai Chappals and canvas shoes. It manufactures and sells its products under the name LEHAR in the domestic market. The company operates in one single segment which is the Manufacturing of Footwear.

Lehar Footwears (BOM:532829) Headlines

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