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Radix Industries (India) (BOM:531412) Days Inventory : 253.91 (As of Jun. 2024)


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What is Radix Industries (India) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Radix Industries (India)'s Average Total Inventories for the three months ended in Jun. 2024 was ₹155.0 Mil. Radix Industries (India)'s Cost of Goods Sold for the three months ended in Jun. 2024 was ₹55.7 Mil. Hence, Radix Industries (India)'s Days Inventory for the three months ended in Jun. 2024 was 253.91.

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

BOM:531412' s Days Inventory Range Over the Past 10 Years
Min: 99.7   Med: 373   Max: 1051.55
Current: 209.61

During the past 13 years, Radix Industries (India)'s highest Days Inventory was 1051.55. The lowest was 99.70. And the median was 373.00.

BOM:531412's Days Inventory is ranked worse than
87.08% of 1827 companies
in the Consumer Packaged Goods industry
Industry Median: 83.55 vs BOM:531412: 209.61

Radix Industries (India)'s Days Inventory declined from Jun. 2023 (259.93) to Jun. 2024 (253.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Radix Industries (India)'s Inventory Turnover for the three months ended in Jun. 2024 was 0.36.

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. Radix Industries (India)'s Inventory-to-Revenue for the three months ended in Jun. 2024 was 2.22.


Radix Industries (India) Days Inventory Historical Data

The historical data trend for Radix Industries (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.

Radix Industries (India) Days Inventory Chart

Radix Industries (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 1,051.55 350.47 395.53 314.06 207.29

Radix Industries (India) 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 259.93 170.76 225.06 186.91 253.91

Competitive Comparison of Radix Industries (India)'s Days Inventory

For the Household & Personal Products subindustry, Radix Industries (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.


Radix Industries (India)'s Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Radix Industries (India)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Radix Industries (India)'s Days Inventory falls into.



Radix Industries (India) Days Inventory Calculation

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

Radix Industries (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
=( (171.015 + 154.989) / 2 ) / 287.016*365
=163.002 / 287.016*365
=207.29

Radix Industries (India)'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
=( (154.989 + 0) / 1 ) / 55.699*365 / 4
=154.989 / 55.699*365 / 4
=253.91

* 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.


Radix Industries (India)  (BOM:531412) 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.

Radix Industries (India)'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.

Radix Industries (India)'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.


Radix Industries (India) Days Inventory Related Terms

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


Radix Industries (India) Business Description

Traded in Other Exchanges
N/A
Address
Door No. 4-243, Near NH-5 Road, Chivatam, West Godavari District, Tanuku, AP, IND, 534211
Radix Industries (India) Ltd is engaged in the business of manufacturing and selling human hair products. It offers various types of hair extensions comprising Eminent collection, Virgin collection, and Clip collection.

Radix Industries (India) Headlines

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