Days Inventory is also known as Days Sales of Inventory (DSI). VIP Industries's Average Total Inventories for the
three
months ended in Dec. 2024 was ₹7,423 Mil. VIP Industries's Cost of Goods Sold for the
three
months ended in Dec. 2024 was ₹2,680 Mil.
Hence, VIP Industries's Days Inventory for the
three
months ended in Dec. 2024 was 252.79.
The historical rank and industry rank for VIP Industries's Days Inventory or its related term are showing as below:
BOM:507880'
s Days Inventory Range Over the Past 10 Years
Min: 127.93 Med: 178.53 Max: 363
Current: 239.45
During the past 13 years, VIP Industries's highest Days Inventory was 363.00. The lowest was 127.93. And the median was 178.53.
BOM:507880's Days Inventory is ranked worse than 80.42% of 1001
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 126.02
vs BOM:507880: 239.45
VIP Industries's Days Inventory
declined
from Dec. 2023 (288.66) to Dec. 2024 (252.79).
Inventory Turnover measures how fast the company turns over its inventory within a year.
VIP Industries's Inventory Turnover for the
three
months ended in Dec. 2024 was 0.36.
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.
VIP Industries's Inventory-to-Revenue for the
three
months ended in Dec. 2024 was 1.48.
VIP Industries Days Inventory Historical Data
The historical data trend for VIP Industries'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 VIP Industries's Days Inventory
For the Footwear & Accessories subindustry, VIP Industries'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.
VIP Industries's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where VIP Industries's Days Inventory falls into.
VIP Industries Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
VIP Industries'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.
VIP Industries (BOM:507880) 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.
VIP Industries's Inventory Turnover for the
three
months ended in Dec. 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.
VIP Industries's Inventory to Revenue for the
three
months ended in Dec. 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.
VIP Industries Days Inventory Related Terms
Thank you for viewing the detailed overview of VIP Industries's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
VIP Industries Ltd is a luggage manufacturer based in India. The company's only segment is the manufacturing and marketing of luggage, bags, and accessories. Geographically, it derives a majority of revenue from India. VIP has a range of brands across luggage categories including Carlton, VIP Bags, Skybags, Aristocrat, Alfa, and Caprese through which it sells trolleys, rucksacks, backpacks, duffel bags, laptop bags, travel accessories, short-haul essentials, soft uprights, vanity cases, hard suitcases, briefcases, and uprights, among others.
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