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Zodiac JRD- MKJ (BOM:512587) Days Inventory : 677.27 (As of Jun. 2024)


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What is Zodiac JRD- MKJ Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zodiac JRD- MKJ's Average Total Inventories for the three months ended in Jun. 2024 was ₹471.71 Mil. Zodiac JRD- MKJ's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹63.56 Mil. Hence, Zodiac JRD- MKJ's Days Inventory for the three months ended in Jun. 2024 was 677.27.

The historical rank and industry rank for Zodiac JRD- MKJ's Days Inventory or its related term are showing as below:

BOM:512587' s Days Inventory Range Over the Past 10 Years
Min: 781.79   Med: 1161.99   Max: 2235
Current: 1632.04

During the past 13 years, Zodiac JRD- MKJ's highest Days Inventory was 2235.00. The lowest was 781.79. And the median was 1161.99.

BOM:512587's Days Inventory is ranked worse than
98.61% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 107.84 vs BOM:512587: 1632.04

Zodiac JRD- MKJ's Days Inventory declined from Mar. 2023 (4,595.58) to Jun. 2024 (677.27).

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. Zodiac JRD- MKJ's Inventory Turnover for the three months ended in Jun. 2024 was 0.13.

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. Zodiac JRD- MKJ's Inventory-to-Revenue for the three months ended in Jun. 2024 was 7.30.


Zodiac JRD- MKJ Days Inventory Historical Data

The historical data trend for Zodiac JRD- MKJ'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.

Zodiac JRD- MKJ Days Inventory Chart

Zodiac JRD- MKJ 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 1,510.11 2,235.00 955.20 1,141.59 1,484.44

Zodiac JRD- MKJ Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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 4,595.58 669.05 - 1,195,656.35 677.27

Competitive Comparison of Zodiac JRD- MKJ's Days Inventory

For the Luxury Goods subindustry, Zodiac JRD- MKJ'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.


Zodiac JRD- MKJ's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zodiac JRD- MKJ's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zodiac JRD- MKJ's Days Inventory falls into.



Zodiac JRD- MKJ Days Inventory Calculation

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

Zodiac JRD- MKJ'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
=( (435.283 + 471.711) / 2 ) / 111.508*365
=453.497 / 111.508*365
=1,484.44

Zodiac JRD- MKJ's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (471.711 + 0) / 1 ) / 63.555*365 / 4
=471.711 / 63.555*365 / 4
=677.27

* 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.


Zodiac JRD- MKJ  (BOM:512587) 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.

Zodiac JRD- MKJ's Inventory Turnover for the three months ended in Jun. 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.

Zodiac JRD- MKJ's Inventory to Revenue for the three months ended in Jun. 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.


Zodiac JRD- MKJ Days Inventory Related Terms

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


Zodiac JRD- MKJ Business Description

Traded in Other Exchanges
N/A
Address
39 J.S.S. Road, 910, Parekh Market, Opera House, Opposite Kennedy Bridge, Mumbai, MH, IND, 400004
Zodiac JRD- MKJ Ltd is an India-based company engaged in the manufacturing of Diamond and gold Jewelry. The company operates in only one business segment viz. manufacturing, sale, and trading of Gold & Diamond jewelry, cut & polished Diamonds, Precious Stones & Semi Precious Stones. It offers silver jewelry, rough diamonds, precious stones, and semi-precious stones. The company is a part of the Jhaveri family (JRD group.

Zodiac JRD- MKJ Headlines

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