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Oswal Yarns (BOM:514460) Days Inventory : 483.87 (As of Dec. 2023)


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What is Oswal Yarns Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Oswal Yarns's Average Total Inventories for the three months ended in Dec. 2023 was ₹28.16 Mil. Oswal Yarns's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5.31 Mil. Hence, Oswal Yarns's Days Inventory for the three months ended in Dec. 2023 was 483.87.

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

BOM:514460' s Days Inventory Range Over the Past 10 Years
Min: 207.51   Med: 296.7   Max: 1027.17
Current: 982.3

During the past 13 years, Oswal Yarns's highest Days Inventory was 1027.17. The lowest was 207.51. And the median was 296.70.

BOM:514460's Days Inventory is ranked worse than
97.83% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.36 vs BOM:514460: 982.30

Oswal Yarns's Days Inventory declined from Sep. 2022 (507.32) to Dec. 2023 (483.87).

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. Oswal Yarns's Inventory Turnover for the three months ended in Dec. 2023 was 0.19.

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. Oswal Yarns's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.72.


Oswal Yarns Days Inventory Historical Data

The historical data trend for Oswal Yarns'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.

Oswal Yarns Days Inventory Chart

Oswal Yarns Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 298.91 283.50 300.51 599.61 1,027.17

Oswal Yarns Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 507.32 1,006.51 2,706.91 561.38 483.87

Competitive Comparison of Oswal Yarns's Days Inventory

For the Textile Manufacturing subindustry, Oswal Yarns'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.


Oswal Yarns's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Oswal Yarns's Days Inventory falls into.



Oswal Yarns Days Inventory Calculation

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

Oswal Yarns's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (33.793 + 30.792) / 2 ) / 11.475*365
=32.2925 / 11.475*365
=1,027.17

Oswal Yarns's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (28.157 + 0) / 1 ) / 5.31*365 / 4
=28.157 / 5.31*365 / 4
=483.87

* 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.


Oswal Yarns  (BOM:514460) 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.

Oswal Yarns's Inventory Turnover for the three months ended in Dec. 2023 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.

Oswal Yarns's Inventory to Revenue for the three months ended in Dec. 2023 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.


Oswal Yarns Days Inventory Related Terms

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


Oswal Yarns (BOM:514460) Business Description

Traded in Other Exchanges
N/A
Address
Link Road, Industrial Area - A, Oswal House, Ludhiana, PB, IND, 141 003
Oswal Yarns Ltd is an Indian-based company operating in the Textile industry. It is engaged in the manufacturing and trading of knitted clothes.

Oswal Yarns (BOM:514460) Headlines

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