Gourmet Gateway India (BOM:506134) Days Inventory : 43.96 (As of Mar. 2024)

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What is Gourmet Gateway India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gourmet Gateway India's Average Total Inventories for the three months ended in Mar. 2024 was ₹98 Mil. Gourmet Gateway India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹204 Mil. Hence, Gourmet Gateway India's Days Inventory for the three months ended in Mar. 2024 was 43.96.

The historical rank and industry rank for Gourmet Gateway India's Days Inventory or its related term are showing as below:

BOM:506134' s Days Inventory Range Over the Past 10 Years
Min: 26.49 Med: 93.38 Max: 93.38
Current: 26.49

During the past 13 years, Gourmet Gateway India's highest Days Inventory was 93.38. The lowest was 26.49. And the median was 93.38.

BOM:506134's Days Inventory is ranked better than
62.1% of 219 companies
in the Capital Markets industry
Industry Median: 62.62 vs BOM:506134: 26.49

Gourmet Gateway India's Days Inventory increased from Mar. 2023 (39.33) to Mar. 2024 (43.96). It might indicate that Gourmet Gateway India'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. Gourmet Gateway India's Inventory Turnover for the three months ended in Mar. 2024 was 2.08.

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. Gourmet Gateway India's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.26.

Gourmet Gateway India Days Inventory Historical Data

The historical data trend for Gourmet Gateway India'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.

Gourmet Gateway India Days Inventory Chart

Gourmet Gateway India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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89.66

40.52

Gourmet Gateway India 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															39.33	37.65	39.05	38.04	43.96

Competitive Comparison of Gourmet Gateway India's Days Inventory

For the Capital Markets subindustry, Gourmet Gateway India'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.

Gourmet Gateway India's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Gourmet Gateway India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gourmet Gateway India's Days Inventory falls into.

Gourmet Gateway India Days Inventory Calculation

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

Gourmet Gateway India'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
=	( (78.945	+	98.364)	/	2 )	/	798.589	*	365
=	88.6545					/	798.589	*	365
=	40.52

Gourmet Gateway India'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	+	98.364)	/	1 )	/	204.156	*	365 / 4
=	98.364					/	204.156	*	365 / 4
=	43.96

Gourmet Gateway India (BOM:506134) 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.

Gourmet Gateway India's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	204.156	/	98.364
	=	2.08

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.

Gourmet Gateway India's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	98.364	/	372.174
	=	0.26

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.

Gourmet Gateway India Days Inventory Related Terms

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

Gourmet Gateway India (BOM:506134) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Gourmet Gateway India Ltd (BOM:506134) » Definitions » Days Inventory

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Traded in Other Exchanges

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Address

Senapati Bapat Marg, 1104, A Wing, 11th Floor, Naman Midtown, Prabhadevi, Mumbai, MH, IND, 400013

Website

https://www.intellivatecapitalventures.in

Intellivate Capital Ventures Ltd provides advisory, consultancy, investment, and share trading services. All the operations of the firm function through India. The company provides integrated solutions to clients, including managing crucial aspects like Merchant Banking, which includes corporate finance, working capital finance, project finance, and financial restructuring to corporate. It is mainly engaged in providing financial advisory and consultancy services and treasury operations by providing funding solutions to clients, both in the form of Debt and Equity and investment activities.

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