GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Super Sales India Ltd (BOM:512527) » Definitions » Days Inventory

Superles India (BOM:512527) Days Inventory : 77.11 (As of Sep. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Superles India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Superles India's Average Total Inventories for the three months ended in Sep. 2024 was ₹544 Mil. Superles India's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹644 Mil. Hence, Superles India's Days Inventory for the three months ended in Sep. 2024 was 77.11.

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

BOM:512527' s Days Inventory Range Over the Past 10 Years
Min: 89.16   Med: 110.97   Max: 128.37
Current: 89.16

During the past 13 years, Superles India's highest Days Inventory was 128.37. The lowest was 89.16. And the median was 110.97.

BOM:512527's Days Inventory is ranked better than
68% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 128.77 vs BOM:512527: 89.16

Superles India's Days Inventory increased from Sep. 2023 (76.11) to Sep. 2024 (77.11). It might indicate that Superles India's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Superles India's Inventory Turnover for the three months ended in Sep. 2024 was 1.18.

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. Superles India's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.54.


Superles India Days Inventory Historical Data

The historical data trend for Superles 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.

Superles India Days Inventory Chart

Superles India 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 108.94 128.37 117.98 126.07 99.98

Superles India 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 76.11 90.80 93.50 119.94 77.11

Competitive Comparison of Superles India's Days Inventory

For the Textile Manufacturing subindustry, Superles 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.


Superles India's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Superles India Days Inventory Calculation

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

Superles 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
=( (638.751 + 789.039) / 2 ) / 2606.35*365
=713.895 / 2606.35*365
=99.98

Superles India'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 + 544.107) / 1 ) / 643.848*365 / 4
=544.107 / 643.848*365 / 4
=77.11

* 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.


Superles India  (BOM:512527) 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.

Superles India'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.

Superles India'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.


Superles India Days Inventory Related Terms

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


Superles India Business Description

Traded in Other Exchanges
N/A
Address
34-A, Kamaraj Road, Coimbatore, TN, IND, 641 018
Super Sales India Ltd is engaged in the manufacturing of yarn. The company's operating segment includes Agency, Textiles, and Engineering. It generates maximum revenue from the Textiles segment. The company's textile products include Weaving Yarns, Knitting Yarns, Doubled Yarns, Core-Spun Yarns, Normal Slub/Injection Slub/Multi-count/Multi-slub, and Industrial Yarns. It also manufactures and supplies gears and gearboxes. Some of the Engineering products include Spur Gear, Timing Belt Pulley, Helical Gear, Worm, and Worm Wheel Gears, Coiler and Comber Gear Box Assembly, and others. Geographically, it derives a majority of its revenue from India.

Superles India Headlines

No Headlines