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Garware Technical Fibres (BOM:509557) Days Inventory : 254.31 (As of Sep. 2024)


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What is Garware Technical Fibres Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Garware Technical Fibres's Average Total Inventories for the three months ended in Sep. 2024 was ₹3,190 Mil. Garware Technical Fibres's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹1,145 Mil. Hence, Garware Technical Fibres's Days Inventory for the three months ended in Sep. 2024 was 254.31.

The historical rank and industry rank for Garware Technical Fibres's Days Inventory or its related term are showing as below:

BOM:509557' s Days Inventory Range Over the Past 10 Years
Min: 132.06   Med: 158.92   Max: 217.26
Current: 217.26

During the past 13 years, Garware Technical Fibres's highest Days Inventory was 217.26. The lowest was 132.06. And the median was 158.92.

BOM:509557's Days Inventory is ranked worse than
75.84% of 1006 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 127.81 vs BOM:509557: 217.26

Garware Technical Fibres's Days Inventory declined from Sep. 2023 (273.15) to Sep. 2024 (254.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. Garware Technical Fibres's Inventory Turnover for the three months ended in Sep. 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. Garware Technical Fibres's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.76.


Garware Technical Fibres Days Inventory Historical Data

The historical data trend for Garware Technical Fibres'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.

Garware Technical Fibres Days Inventory Chart

Garware Technical Fibres 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 184.58 185.06 169.82 157.23 188.55

Garware Technical Fibres Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 273.15 307.02 122.58 260.67 254.31

Competitive Comparison of Garware Technical Fibres's Days Inventory

For the Textile Manufacturing subindustry, Garware Technical Fibres'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.


Garware Technical Fibres's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Garware Technical Fibres's Days Inventory distribution charts can be found below:

* The bar in red indicates where Garware Technical Fibres's Days Inventory falls into.



Garware Technical Fibres Days Inventory Calculation

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

Garware Technical Fibres'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
=( (2143.722 + 2567.39) / 2 ) / 4559.899*365
=2355.556 / 4559.899*365
=188.55

Garware Technical Fibres's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 3190.098) / 1 ) / 1144.651*365 / 4
=3190.098 / 1144.651*365 / 4
=254.31

* 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.


Garware Technical Fibres  (BOM:509557) 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.

Garware Technical Fibres's Inventory Turnover for the three months ended in Sep. 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.

Garware Technical Fibres's Inventory to Revenue for the three months ended in Sep. 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.


Garware Technical Fibres Days Inventory Related Terms

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


Garware Technical Fibres Business Description

Traded in Other Exchanges
Address
Plot No. 11, Block D - 1, MIDC, Chinchwad, Pune, MH, IND, 411019
Garware Technical Fibres Ltd is involved in the textile business. It provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. The company and its subsidiaries manufacture and sell various products such as ropes, twine, yarn, fishnet, other nets, and technical textiles. Its operating segments are; Synthetic Cordage, and Fibre and Industrial Products and Projects. The maximum revenue is derived from its Synthetic Cordage segment. Geographically, the company caters to both domestic and international markets of which, maximum revenue is generated from international markets through its customers located outside India.

Garware Technical Fibres Headlines

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