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Jindal Worldwide (BOM:531543) Days Inventory : 72.37 (As of Mar. 2024)


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What is Jindal Worldwide Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jindal Worldwide's Average Total Inventories for the three months ended in Mar. 2024 was ₹3,321 Mil. Jindal Worldwide's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4,187 Mil. Hence, Jindal Worldwide's Days Inventory for the three months ended in Mar. 2024 was 72.37.

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

BOM:531543' s Days Inventory Range Over the Past 10 Years
Min: 43.77   Med: 51.4   Max: 90.69
Current: 84.91

During the past 13 years, Jindal Worldwide's highest Days Inventory was 90.69. The lowest was 43.77. And the median was 51.40.

BOM:531543's Days Inventory is ranked better than
71.06% of 1009 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.69 vs BOM:531543: 84.91

Jindal Worldwide's Days Inventory declined from Mar. 2023 (74.18) to Mar. 2024 (72.37).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jindal Worldwide's Inventory Turnover for the three months ended in Mar. 2024 was 1.26.

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. Jindal Worldwide's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.58.


Jindal Worldwide Days Inventory Historical Data

The historical data trend for Jindal Worldwide'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.

Jindal Worldwide Days Inventory Chart

Jindal Worldwide 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 48.56 67.32 52.41 73.51 90.69

Jindal Worldwide Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 74.18 100.68 83.27 76.27 72.37

Competitive Comparison of Jindal Worldwide's Days Inventory

For the Textile Manufacturing subindustry, Jindal Worldwide'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.


Jindal Worldwide's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Jindal Worldwide Days Inventory Calculation

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

Jindal Worldwide'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
=( (3228.693 + 3321.106) / 2 ) / 13179.952*365
=3274.8995 / 13179.952*365
=90.69

Jindal Worldwide's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 3321.106) / 1 ) / 4187.335*365 / 4
=3321.106 / 4187.335*365 / 4
=72.37

* 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.


Jindal Worldwide  (BOM:531543) 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.

Jindal Worldwide's Inventory Turnover for the three months ended in Mar. 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.

Jindal Worldwide's Inventory to Revenue for the three months ended in Mar. 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.


Jindal Worldwide Days Inventory Related Terms

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


Jindal Worldwide (BOM:531543) Business Description

Traded in Other Exchanges
Address
Shivranjani, Shyamal, 132 Ft Ring Road, I.O.C. Petrol Pump Lane, Jindal Corporate House, Opposite D-Mart, Satellite, Ahmedabad, GJ, IND, 380015
Jindal Worldwide Ltd manufactures, sells, and exports denim and home textiles. Its products include denim fabrics, bottom-weight fabric, shirting fabric, yarn-dyed fabric and bedsheets. The company provides products and services in the textiles, chemicals, finance, and trading areas. It operates in one segment Textiles.

Jindal Worldwide (BOM:531543) Headlines

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