Nakoda (BOM:521030) Days Inventory: 0.00 (As of Jun. 2019)

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What is Nakoda Days Inventory?

Nakoda BOM:521030 Days Inventory is 0.00 as of Jun. 2019.

Days Inventory is also known as Days Sales of Inventory (DSI). Nakoda's Average Total Inventories for the three months ended in Jun. 2019 was ₹0.00 Mil. Nakoda's Cost of Goods Sold for the three months ended in Jun. 2019 was ₹0.00 Mil.

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

BOM:521030's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 131.52
* Ranked among companies with meaningful Days Inventory only.

Nakoda's Days Inventory declined from Mar. 2018 (369.85) to Jun. 2019 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.


Nakoda  (BOM:521030) 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.

Nakoda's Inventory Turnover for the three months ended in Jun. 2019 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.

Nakoda's Inventory to Revenue for the three months ended in Jun. 2019 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.


Nakoda Days Inventory Related Terms


Nakoda Days Inventory Historical Data

* Premium members only.

The historical data trend for Nakoda'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.

Nakoda Days Inventory Chart

Nakoda Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Mar15 Mar16 Mar17 Mar18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.00 77.55 32.92 189.11 1,509.98

Nakoda Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Dec13 Mar15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19
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 369.85 0.00 478.49 790.93 0.00

Nakoda Days Inventory Competitor Comparison

For the Textile Manufacturing subindustry, Nakoda'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.


Nakoda Days Inventory vs Manufacturing - Apparel & Accessories Industry

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

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



Nakoda Days Inventory Calculation

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

Nakoda's Days Inventory for the fiscal year that ended in Mar. 2018 is calculated as

Days Inventory (A: Mar. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2017 ) + Total Inventories (A: Mar. 2018 )) / count ) / Cost of Goods Sold (A: Mar. 2018 )*Days in Period
=( (149.061 + 128.833) / 2 ) / 33.587*365
=138.947 / 33.587*365
=1,509.98

Nakoda's Days Inventory for the quarter that ended in Jun. 2019 is calculated as:

Days Inventory (Q: Jun. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.00 mean?
Nakoda (BOM:521030) has a Days Inventory of 0.00 as of Jun. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nakoda and its competitors.
Is Nakoda's Days Inventory too high?
Nakoda's current Days Inventory is 0.00.
How does Nakoda's Days Inventory compare to competitors?
Nakoda's Days Inventory of 0.00 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Inventory is 131.52. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 131.52, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Nakoda and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 131.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nakoda's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nakoda stock overvalued right now?
Nakoda (BOM:521030) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Nakoda (BOM:521030), the current Days Inventory is 0.00 as of Jun. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nakoda Business Description

Address 401, Union Trade Centre, Ring Road, Beside Apple Hospital, Udhna Darwaja, Surat, Gujurat, IND, 395002
Nakoda Ltd engaged in the manufacturing of man-made fibers. The company is engaged in the manufacture of polyester chips, partially oriented yarn, fully drawn yarn (FDY), texturized and trading of various types of chips, fibers, and yarns, among others. Its businesses include petrochemicals and renewable energy. It offers a range of polyester products, such as fiber grade chips and twisted yarns in various lusters for a range of end uses.