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PDS (BOM:538730) Days Inventory : 13.15 (As of Sep. 2024)


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What is PDS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PDS's Average Total Inventories for the three months ended in Sep. 2024 was ₹3,830 Mil. PDS's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹26,583 Mil. Hence, PDS's Days Inventory for the three months ended in Sep. 2024 was 13.15.

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

BOM:538730' s Days Inventory Range Over the Past 10 Years
Min: 3.87   Med: 10.96   Max: 14.44
Current: 14.44

During the past 11 years, PDS's highest Days Inventory was 14.44. The lowest was 3.87. And the median was 10.96.

BOM:538730's Days Inventory is ranked better than
62.24% of 670 companies
in the Business Services industry
Industry Median: 28.48 vs BOM:538730: 14.44

PDS's Days Inventory declined from Sep. 2023 (19.25) to Sep. 2024 (13.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. PDS's Inventory Turnover for the three months ended in Sep. 2024 was 6.94.

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. PDS's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.12.


PDS Days Inventory Historical Data

The historical data trend for PDS'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.

PDS Days Inventory Chart

PDS 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 10.47 13.30 12.32 11.57 12.81

PDS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 19.25 18.12 11.37 14.45 13.15

Competitive Comparison of PDS's Days Inventory

For the Specialty Business Services subindustry, PDS'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.


PDS's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PDS's Days Inventory distribution charts can be found below:

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



PDS Days Inventory Calculation

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

PDS'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
=( (2557.421 + 3286.383) / 2 ) / 83231.905*365
=2921.902 / 83231.905*365
=12.81

PDS's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 3829.523) / 1 ) / 26582.665*365 / 4
=3829.523 / 26582.665*365 / 4
=13.15

* 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.


PDS  (BOM:538730) 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.

PDS's Inventory Turnover for the three months ended in Sep. 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.

PDS's Inventory to Revenue for the three months ended in Sep. 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.


PDS Days Inventory Related Terms

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


PDS Business Description

Traded in Other Exchanges
Address
Andheri Ghatkopar Link Road, Unit No. 971, Solitaire Corporate Park, Andheri (East), Mumbai, MH, IND, 400093
PDS Ltd is engaged in the trading of ready-to-wear apparel, providing services to group companies engaged in the export of ready-to-wear apparel and sourcing and distribution of their products. The company is also engaged in the business of holding, owning, leasing, or licensing real estate. It has three reporting segments: Sourcing, Manufacturing, PDS Ventures, and Others. The company generates maximum revenue from the Sourcing segment. Geographically, the company generates maximum revenue from its customers in the UK and Europe and the rest from North America, Asia and Middle East, India, and other regions.

PDS Headlines

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