Days Inventory is also known as Days Sales of Inventory (DSI). Century Enka's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹2,692 Mil. Century Enka's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹3,489 Mil.
Hence, Century Enka's Days Inventory for the
three
months ended in Mar. 2024 was 70.41.
The historical rank and industry rank for Century Enka's Days Inventory or its related term are showing as below:
BOM:500280'
s Days Inventory Range Over the Past 10 Years
Min: 54.29 Med: 71.26 Max: 99.42
Current: 79.28
During the past 13 years, Century Enka's highest Days Inventory was 99.42. The lowest was 54.29. And the median was 71.26.
BOM:500280's Days Inventory is ranked better than 74.06% of 1006
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.905
vs BOM:500280: 79.28
Century Enka's Days Inventory
increased
from Mar. 2023 (59.97) to Mar. 2024 (70.41).
It might indicate that Century Enka's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Century Enka's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.30.
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.
Century Enka's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.57.
Century Enka Days Inventory Historical Data
The historical data trend for Century Enka'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 Century Enka's Days Inventory
For the Textile Manufacturing subindustry, Century Enka'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.
Century Enka's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Century Enka's Days Inventory distribution charts can be found below:
* The bar in red indicates where Century Enka's Days Inventory falls into.
Century Enka Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Century Enka's Days Inventory for the fiscal year that 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.
Century Enka (BOM:500280) 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.
Century Enka'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.
Century Enka'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.
Century Enka Days Inventory Related Terms
Thank you for viewing the detailed overview of Century Enka's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Century Enka Ltd is engaged in the business of synthetic yarn and related products in India. Its products include polyester filament yarns, fabrics, nylon filament yarns, polyester chips, and nylon chips. Its nylon tyre cord fabrics are used as reinforcement material in bias tyres and nylon textile yarns are used in the apparel industry. Geographically the firm caters its services only in India. The company derives its revenue from the manufacturing and selling of synthetic yarn and related goods.
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