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Ventura Textiles (BOM:516098) Days Inventory : 1,452.00 (As of Jun. 2024)


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What is Ventura Textiles Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ventura Textiles's Average Total Inventories for the three months ended in Jun. 2024 was ₹8.53 Mil. Ventura Textiles's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹0.54 Mil. Hence, Ventura Textiles's Days Inventory for the three months ended in Jun. 2024 was 1,452.00.

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

BOM:516098' s Days Inventory Range Over the Past 10 Years
Min: 70.76   Med: 233.02   Max: 908.6
Current: 600.89

During the past 13 years, Ventura Textiles's highest Days Inventory was 908.60. The lowest was 70.76. And the median was 233.02.

BOM:516098's Days Inventory is ranked worse than
95.92% of 1005 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 128.72 vs BOM:516098: 600.89

Ventura Textiles's Days Inventory increased from Jun. 2023 (489.51) to Jun. 2024 (1,452.00). It might indicate that Ventura Textiles's sales slowed down.

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. Ventura Textiles's Inventory Turnover for the three months ended in Jun. 2024 was 0.06.

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. Ventura Textiles's Inventory-to-Revenue for the three months ended in Jun. 2024 was 15.91.


Ventura Textiles Days Inventory Historical Data

The historical data trend for Ventura Textiles'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.

Ventura Textiles Days Inventory Chart

Ventura Textiles 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 226.30 908.60 104.26 70.76 419.75

Ventura Textiles Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 489.51 6,428.30 - 88.16 1,452.00

Competitive Comparison of Ventura Textiles's Days Inventory

For the Textile Manufacturing subindustry, Ventura Textiles'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.


Ventura Textiles's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Ventura Textiles's Days Inventory falls into.



Ventura Textiles Days Inventory Calculation

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

Ventura Textiles'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
=( (21.603 + 8.529) / 2 ) / 13.101*365
=15.066 / 13.101*365
=419.75

Ventura Textiles'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
=( (8.529 + 0) / 1 ) / 0.536*365 / 4
=8.529 / 0.536*365 / 4
=1,452.00

* 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.


Ventura Textiles  (BOM:516098) 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.

Ventura Textiles'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.

Ventura Textiles'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.


Ventura Textiles Days Inventory Related Terms

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


Ventura Textiles Business Description

Traded in Other Exchanges
N/A
Address
J.B. Nagar, Andheri Kurla Road, Unit No. 121, Midas, Sahar Plaza, Andheri (East), Mumbai, MH, IND, 400 059
Ventura Textiles Ltd is a textile manufacturing company based in India. The company is engaged mainly in the business of manufacturing textiles consisting of fabric and yarn. In addition, the company also produces grey fabrics, including industrial canvas, duck fabrics, denim and drills. Its other activities comprise the preparation and spinning of textile fabrics; the weaving of textiles; and the manufacturing of made-up textile articles.

Ventura Textiles Headlines

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