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Delta Spinners (DHA:DELTASPINN) Days Inventory : 0.00 (As of Dec. 2023)


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What is Delta Spinners Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Delta Spinners's Average Total Inventories for the three months ended in Dec. 2023 was BDT0.0 Mil. Delta Spinners's Cost of Goods Sold for the three months ended in Dec. 2023 was BDT266.2 Mil. Hence, Delta Spinners's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

During the past 6 years, Delta Spinners's highest Days Inventory was 348.19. The lowest was 224.96. And the median was 268.77.

DHA:DELTASPINN's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 130.36
* Ranked among companies with meaningful Days Inventory only.

Delta Spinners's Days Inventory stayed the same from Sep. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Delta Spinners's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Delta Spinners Days Inventory Historical Data

The historical data trend for Delta Spinners'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.

Delta Spinners Days Inventory Chart

Delta Spinners Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Days Inventory
Get a 7-Day Free Trial 224.96 241.35 293.79 348.19 337.28

Delta Spinners Quarterly Data
Sep17 Dec17 Mar18 Sep18 Dec18 Mar19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 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 - - - - -

Competitive Comparison of Delta Spinners's Days Inventory

For the Textile Manufacturing subindustry, Delta Spinners'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.


Delta Spinners's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Delta Spinners's Days Inventory falls into.



Delta Spinners Days Inventory Calculation

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

Delta Spinners's Days Inventory for the fiscal year that ended in Jun. 2017 is calculated as

Days Inventory (A: Jun. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2016 ) + Total Inventories (A: Jun. 2017 )) / count ) / Cost of Goods Sold (A: Jun. 2017 )*Days in Period
=( (840.606 + 861.826) / 2 ) / 921.17*365
=851.216 / 921.17*365
=337.28

Delta Spinners'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
=( (0 + 0) / 1 ) / 266.206*365 / 4
=0 / 266.206*365 / 4
=0.00

* 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.


Delta Spinners  (DHA:DELTASPINN) 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.

Delta Spinners'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.

Delta Spinners'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.


Delta Spinners Days Inventory Related Terms

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


Delta Spinners (DHA:DELTASPINN) Business Description

Traded in Other Exchanges
N/A
Address
254-B Khilgaon Chowdhury Para, Dhaka, BGD, 1219
Delta Spinners Ltd is Bangladesh based company and primarily engages in manufactures cotton yarn. The firm has a composite unit, having knitting, dyeing, finishing and sewing units under a single roof. The company is also involved in the making of jersey, sportswear, suits and other luxury clothing is on the rise in recent years and for this reason, demand for high-end yarns is also growing.

Delta Spinners (DHA:DELTASPINN) Headlines

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