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JK Paper (BOM:532162) Days Inventory : 90.58 (As of Mar. 2024)


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What is JK Paper Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JK Paper's Average Total Inventories for the three months ended in Mar. 2024 was ₹9,416 Mil. JK Paper's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹9,486 Mil. Hence, JK Paper's Days Inventory for the three months ended in Mar. 2024 was 90.58.

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

BOM:532162' s Days Inventory Range Over the Past 10 Years
Min: 80.11   Med: 88.51   Max: 116.39
Current: 85.08

During the past 13 years, JK Paper's highest Days Inventory was 116.39. The lowest was 80.11. And the median was 88.51.

BOM:532162's Days Inventory is ranked better than
53.43% of 277 companies
in the Forest Products industry
Industry Median: 87.89 vs BOM:532162: 85.08

JK Paper's Days Inventory declined from Mar. 2023 (91.21) to Mar. 2024 (90.58).

Inventory Turnover measures how fast the company turns over its inventory within a year. JK Paper's Inventory Turnover for the three months ended in Mar. 2024 was 1.01.

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. JK Paper's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.55.


JK Paper Days Inventory Historical Data

The historical data trend for JK Paper'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.

JK Paper Days Inventory Chart

JK Paper 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 108.26 116.39 91.12 85.71 93.09

JK Paper 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 91.21 105.02 69.50 63.81 90.58

Competitive Comparison of JK Paper's Days Inventory

For the Paper & Paper Products subindustry, JK Paper'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.


JK Paper's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, JK Paper's Days Inventory distribution charts can be found below:

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



JK Paper Days Inventory Calculation

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

JK Paper'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
=( (8192.9 + 9416.3) / 2 ) / 34522.8*365
=8804.6 / 34522.8*365
=93.09

JK Paper'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 + 9416.3) / 1 ) / 9486.2*365 / 4
=9416.3 / 9486.2*365 / 4
=90.58

* 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.


JK Paper  (BOM:532162) 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.

JK Paper'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.

JK Paper'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.


JK Paper Days Inventory Related Terms

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


JK Paper (BOM:532162) Business Description

Traded in Other Exchanges
Address
4 Bahadur Shah Zafar Marg, Nehru House, 3rd Floor, New Delhi, IND, 110 002
JK Paper Ltd is a paper manufacturing company. Its products are paper and paper board. The company offers various categories of paper products including official documentation such as photocopy and multi-purpose papers for use in desktops, photocopiers, and multifunctional devices; uncoated writing and printing paper; coated paper and board; and packaging board to service the varied needs of the packaging industry. It markets the products through the distribution network of distributors, depots, regional marketing offices, and other dealers. The product brands of the company include JK Cedar, JK Copier, JK Easy Copier, and Others. The majority of the company's revenue comes from India.

JK Paper (BOM:532162) Headlines

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