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Jaykay Enterprises (BOM:500306) Days Inventory : 66.50 (As of Mar. 2024)


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What is Jaykay Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jaykay Enterprises's Average Total Inventories for the three months ended in Mar. 2024 was ₹191.9 Mil. Jaykay Enterprises's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹263.3 Mil. Hence, Jaykay Enterprises's Days Inventory for the three months ended in Mar. 2024 was 66.50.

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

BOM:500306' s Days Inventory Range Over the Past 10 Years
Min: 7.44   Med: 12.66   Max: 161.42
Current: 161.42

During the past 13 years, Jaykay Enterprises's highest Days Inventory was 161.42. The lowest was 7.44. And the median was 12.66.

BOM:500306's Days Inventory is ranked worse than
85.48% of 682 companies
in the Business Services industry
Industry Median: 30.305 vs BOM:500306: 161.42

Jaykay Enterprises's Days Inventory increased from Mar. 2023 (15.50) to Mar. 2024 (66.50). It might indicate that Jaykay Enterprises's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jaykay Enterprises's Inventory Turnover for the three months ended in Mar. 2024 was 1.37.

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. Jaykay Enterprises's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.64.


Jaykay Enterprises Days Inventory Historical Data

The historical data trend for Jaykay Enterprises'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.

Jaykay Enterprises Days Inventory Chart

Jaykay Enterprises 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 - - 12.66 7.44 113.69

Jaykay Enterprises 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 15.50 26.86 68,909.01 917.82 66.50

Competitive Comparison of Jaykay Enterprises's Days Inventory

For the Specialty Business Services subindustry, Jaykay Enterprises'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.


Jaykay Enterprises's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Jaykay Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jaykay Enterprises's Days Inventory falls into.



Jaykay Enterprises Days Inventory Calculation

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

Jaykay Enterprises'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
=( (12.009 + 191.859) / 2 ) / 327.265*365
=101.934 / 327.265*365
=113.69

Jaykay Enterprises'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 + 191.859) / 1 ) / 263.271*365 / 4
=191.859 / 263.271*365 / 4
=66.50

* 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.


Jaykay Enterprises  (BOM:500306) 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.

Jaykay Enterprises'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.

Jaykay Enterprises'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.


Jaykay Enterprises Days Inventory Related Terms

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


Jaykay Enterprises (BOM:500306) Business Description

Traded in Other Exchanges
N/A
Address
Kamla Tower, Kanpur, UP, IND, 208001
Jaykay Enterprises Ltd is involved in various business operations in the area of 3D Printing and technology. The Company has diversified itself into Additive Manufacturing Systems, Proto Typing, Powder Metallurgy, Large Scale Digital Manufacturing, Reverse Engineering, and Plant Modelling, in the area of Defense & Aerospace. The company is engaged in engineering products across various industry verticals, software designing and development, and manufacturing of parts and accessories used in the defense and aerospace sectors.

Jaykay Enterprises (BOM:500306) Headlines

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