GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tata Consumer Products Ltd (NSE:TATACONSUM) » Definitions » Days Inventory

Tata Consumer Products (NSE:TATACONSUM) Days Inventory : 119.43 (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Tata Consumer Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tata Consumer Products's Average Total Inventories for the three months ended in Mar. 2024 was ₹27,694 Mil. Tata Consumer Products's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹21,159 Mil. Hence, Tata Consumer Products's Days Inventory for the three months ended in Mar. 2024 was 119.43.

The historical rank and industry rank for Tata Consumer Products's Days Inventory or its related term are showing as below:

NSE:TATACONSUM' s Days Inventory Range Over the Past 10 Years
Min: 102.19   Med: 125.47   Max: 155.24
Current: 114.97

During the past 13 years, Tata Consumer Products's highest Days Inventory was 155.24. The lowest was 102.19. And the median was 125.47.

NSE:TATACONSUM's Days Inventory is ranked worse than
64.69% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.23 vs NSE:TATACONSUM: 114.97

Tata Consumer Products's Days Inventory increased from Mar. 2023 (117.09) to Mar. 2024 (119.43). It might indicate that Tata Consumer Products's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tata Consumer Products's Inventory Turnover for the three months ended in Mar. 2024 was 0.76.

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. Tata Consumer Products's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.71.


Tata Consumer Products Days Inventory Historical Data

The historical data trend for Tata Consumer Products'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.

Tata Consumer Products Days Inventory Chart

Tata Consumer Products Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.69 102.19 112.48 113.26 116.59

Tata Consumer Products Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 117.09 113.96 111.41 111.89 119.43

Competitive Comparison of Tata Consumer Products's Days Inventory

For the Packaged Foods subindustry, Tata Consumer Products'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.


Tata Consumer Products's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tata Consumer Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tata Consumer Products's Days Inventory falls into.



Tata Consumer Products Days Inventory Calculation

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

Tata Consumer Products's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (27016.7 + 27693.5) / 2 ) / 85639.1*365
=27355.1 / 85639.1*365
=116.59

Tata Consumer Products's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 27693.5) / 1 ) / 21158.8*365 / 4
=27693.5 / 21158.8*365 / 4
=119.43

* 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.


Tata Consumer Products  (NSE:TATACONSUM) 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.

Tata Consumer Products's Inventory Turnover for the three months ended in Mar. 2024 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.

Tata Consumer Products's Inventory to Revenue for the three months ended in Mar. 2024 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.


Tata Consumer Products Days Inventory Related Terms

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


Tata Consumer Products (NSE:TATACONSUM) Business Description

Traded in Other Exchanges
Address
11/13 Botawala Building 1st Floor, Office No 2-6 Horniman Circle Fort, Fort, Mumbai, MH, IND, 400 001
Tata Consumer Products Ltd is a manufacturer and supplier of consumer food and beverages. The company's products include tea, coffee, water, salt, pulses, spices, and ready-to-eat offerings. Its key beverage brands include Tata Tea, Tetley, Eight O'Clock Coffee, Tata Coffee Grand, and Himalayan Natural Mineral Water. Its food portfolio includes brands such as Tata Salt and Tata Sampann. Its segment includes Branded Business, Non-Branded Business and Others. The company has an international presence and generates more than half of its revenue in India.

Tata Consumer Products (NSE:TATACONSUM) Headlines

No Headlines