Karuturi Global (BOM:531687) Days Inventory : 23.64 (As of Dec. 2018)

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What is Karuturi Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Karuturi Global's Average Total Inventories for the three months ended in Dec. 2018 was ₹75 Mil. Karuturi Global's Cost of Goods Sold for the three months ended in Dec. 2018 was ₹290 Mil. Hence, Karuturi Global's Days Inventory for the three months ended in Dec. 2018 was 23.64.

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

BOM:531687's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 81.97
* Ranked among companies with meaningful Days Inventory only.

Karuturi Global's Days Inventory increased from Dec. 2017 (18.18) to Dec. 2018 (23.64). It might indicate that Karuturi Global's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Karuturi Global's Inventory Turnover for the three months ended in Dec. 2018 was 3.86.

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. Karuturi Global's Inventory-to-Revenue for the three months ended in Dec. 2018 was 0.14.

Karuturi Global Days Inventory Historical Data

The historical data trend for Karuturi Global'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.

Karuturi Global Days Inventory Chart

Karuturi Global Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Days Inventory

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74.63

60.62

76.11

62.95

18.49

Karuturi Global Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Days Inventory	Get a 7-Day Free Trial															18.18	10.63	24.57	26.87	23.64

Competitive Comparison of Karuturi Global's Days Inventory

For the Farm Products subindustry, Karuturi Global'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.

Karuturi Global's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Karuturi Global's Days Inventory distribution charts can be found below:

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

Karuturi Global Days Inventory Calculation

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

Karuturi Global'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
=	( (71.382	+	62.053)	/	2 )	/	1317.363	*	365
=	66.7175					/	1317.363	*	365
=	18.49

Karuturi Global's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

	Days Inventory (Q: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
=	( (75.075	+	0)	/	1 )	/	289.847	*	365 / 4
=	75.075					/	289.847	*	365 / 4
=	23.64

Karuturi Global (BOM:531687) 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.

Karuturi Global's Inventory Turnover for the three months ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	289.847	/	75.075
	=	3.86

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.

Karuturi Global's Inventory to Revenue for the three months ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	75.075	/	553.791
	=	0.14

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.

Karuturi Global Days Inventory Related Terms

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

Karuturi Global (BOM:531687) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Karuturi Global Ltd (BOM:531687) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Crescent Road, Number 204, Embassy Center, Bangalore, KA, IND, 560001

Website

http://www.karuturi.com

Karuturi Global Ltd is engaged in the manufacturing of flowers, plant and plant materials. The company is a producer and exporter of cut roses and has its operations in India, Ethiopia, Dubai, and Kenya. It is involved in the business of Floriculture, Agriculture, Food processing and Information technology (IT). The Floriculture products consist of cut flowers, pot plants, seeds bulbs, rooted cuttings and dried flowers. Its Agriculture business produces cereal crops like maize, corn, sugarcane, and oilseeds. The Food processing business specializes in gherkin processing such as bay valley foods, mount olive, vlassic, heinz, and lidl. The IT business offers customized e-commerce solutions to companies dealing with perishable goods and commodities, paper industries, and government agencies.

Karuturi Global (BOM:531687) Headlines

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