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Future Consumer (BOM:533400) Days Inventory : 2.23 (As of Mar. 2024)


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What is Future Consumer Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Future Consumer's Average Total Inventories for the three months ended in Mar. 2024 was ₹19 Mil. Future Consumer's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹794 Mil. Hence, Future Consumer's Days Inventory for the three months ended in Mar. 2024 was 2.23.

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

BOM:533400' s Days Inventory Range Over the Past 10 Years
Min: 12.35   Med: 27.28   Max: 56.56
Current: 12.35

During the past 13 years, Future Consumer's highest Days Inventory was 56.56. The lowest was 12.35. And the median was 27.28.

BOM:533400's Days Inventory is ranked better than
97.38% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 83.72 vs BOM:533400: 12.35

Future Consumer's Days Inventory declined from Mar. 2023 (38.04) to Mar. 2024 (2.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. Future Consumer's Inventory Turnover for the three months ended in Mar. 2024 was 40.87.

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. Future Consumer's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.02.


Future Consumer Days Inventory Historical Data

The historical data trend for Future Consumer'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.

Future Consumer Days Inventory Chart

Future Consumer 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 21.40 37.45 19.18 56.56 18.50

Future Consumer 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 38.04 36.19 0.07 0.06 2.23

Competitive Comparison of Future Consumer's Days Inventory

For the Packaged Foods subindustry, Future Consumer'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.


Future Consumer's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

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



Future Consumer Days Inventory Calculation

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

Future Consumer'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
=( (295.633 + 19.424) / 2 ) / 3108.786*365
=157.5285 / 3108.786*365
=18.50

Future Consumer'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 + 19.424) / 1 ) / 793.88*365 / 4
=19.424 / 793.88*365 / 4
=2.23

* 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.


Future Consumer  (BOM:533400) 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.

Future Consumer'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.

Future Consumer'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.


Future Consumer Days Inventory Related Terms

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Future Consumer (BOM:533400) Business Description

Traded in Other Exchanges
Address
Pandit Madan Mohan Malviya Road, 3rd Floor, Sobo Brand Factory, Near Haji Ali, Tardeo, Mumbai, MH, IND, 400 034
Future Consumer Ltd is a sourcing-to-supermarket food company that caters to the fast-moving consumer who shops at modern retail chains. It is engaged in sourcing, manufacturing, branding, marketing and distribution of fast-moving consumer goods (FMCG), Food and Processed Food Products. The company's brands include Golden Harvest, Tasty Treat, Karmiq, Desi Atta Company, Mother Earth, Voom, Cleanmate and Caremate. The company's operating segment is Branding, Manufacturing, Processing, Selling and Distribution of Consumer Products. The company derives all of its revenue from India itself.

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