Days Inventory is also known as Days Sales of Inventory (DSI). United Spirits's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹25,391 Mil. United Spirits's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹16,914 Mil.
Hence, United Spirits's Days Inventory for the
three
months ended in Dec. 2023 was 136.98.
The historical rank and industry rank for United Spirits's Days Inventory or its related term are showing as below:
NSE:MCDOWELL-N'
s Days Inventory Range Over the Past 10 Years
Min: 131.39 Med: 148.24 Max: 168.51
Current: 149.5
During the past 13 years, United Spirits's highest Days Inventory was 168.51. The lowest was 131.39. And the median was 148.24.
NSE:MCDOWELL-N's Days Inventory is ranked better than 52.45% of 204
companies
in the Beverages - Alcoholic industry
Industry Median: 160.075
vs NSE:MCDOWELL-N: 149.50
United Spirits's Days Inventory
declined
from Dec. 2022 (139.63) to Dec. 2023 (136.98).
Inventory Turnover measures how fast the company turns over its inventory within a year.
United Spirits's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.67.
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.
United Spirits's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.85.
United Spirits Days Inventory Historical Data
The historical data trend for United Spirits'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.
Competitive Comparison of United Spirits's Days Inventory
For the Beverages - Wineries & Distilleries subindustry, United Spirits'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.
United Spirits's Days Inventory Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, United Spirits's Days Inventory distribution charts can be found below:
* The bar in red indicates where United Spirits's Days Inventory falls into.
United Spirits Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
United Spirits's Days Inventory for the fiscal year that ended in Mar. 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.
United Spirits (NSE:MCDOWELL-N) 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.
United Spirits'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.
United Spirits'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.
United Spirits Days Inventory Related Terms
Thank you for viewing the detailed overview of United Spirits's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
United Spirits (NSE:MCDOWELL-N) Business Description
United Spirits Ltd manufactures and sells spirits, beer, wine, and other alcoholic beverages. The Company is engaged in the business of manufacture, purchase and sale of beverage alcohol and other allied spirits, including through tie-up manufacturing units and through strategic franchising of some of its brands. Its brand portfolio consists of McDowell's No.1, Royal Challenge, Black Dog, Signature, Antiquity, Director's Special Black, McDowell's Rum, McDowell's Brandy, Bagpiper, Old Tavern, and Haywards among others. Geographically, the firm generates a majority of its revenue from India.
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