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Praxis Home Retail (BOM:540901) Days Inventory : 207.00 (As of Dec. 2024)


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What is Praxis Home Retail Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Praxis Home Retail's Average Total Inventories for the three months ended in Dec. 2024 was ₹443 Mil. Praxis Home Retail's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹195 Mil. Hence, Praxis Home Retail's Days Inventory for the three months ended in Dec. 2024 was 207.00.

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

BOM:540901' s Days Inventory Range Over the Past 10 Years
Min: 159.19   Med: 179.79   Max: 288.01
Current: 270.12

During the past 13 years, Praxis Home Retail's highest Days Inventory was 288.01. The lowest was 159.19. And the median was 179.79.

BOM:540901's Days Inventory is ranked worse than
86.17% of 1077 companies
in the Retail - Cyclical industry
Industry Median: 106.33 vs BOM:540901: 270.12

Praxis Home Retail's Days Inventory increased from Dec. 2023 (182.95) to Dec. 2024 (207.00). It might indicate that Praxis Home Retail's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Praxis Home Retail's Inventory Turnover for the three months ended in Dec. 2024 was 0.44.

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. Praxis Home Retail's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.31.


Praxis Home Retail Days Inventory Historical Data

The historical data trend for Praxis Home Retail'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.

Praxis Home Retail Days Inventory Chart

Praxis Home Retail 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 159.19 197.17 179.79 177.41 198.67

Praxis Home Retail Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 182.95 228.16 305.87 262.01 207.00

Competitive Comparison of Praxis Home Retail's Days Inventory

For the Specialty Retail subindustry, Praxis Home Retail'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.


Praxis Home Retail's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Praxis Home Retail's Days Inventory distribution charts can be found below:

* The bar in red indicates where Praxis Home Retail's Days Inventory falls into.



Praxis Home Retail Days Inventory Calculation

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

Praxis Home Retail'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
=( (663.364 + 574.36) / 2 ) / 1137.006*365
=618.862 / 1137.006*365
=198.67

Praxis Home Retail's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (443.41 + 0) / 1 ) / 195.466*365 / 4
=443.41 / 195.466*365 / 4
=207.00

* 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.


Praxis Home Retail  (BOM:540901) 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.

Praxis Home Retail's Inventory Turnover for the three months ended in Dec. 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.

Praxis Home Retail's Inventory to Revenue for the three months ended in Dec. 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.


Praxis Home Retail Days Inventory Related Terms

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


Praxis Home Retail Business Description

Traded in Other Exchanges
Address
iThink Techno Campus, Kanjumarg (East), Ground Floor, Jolly Board Tower D, Mumbai, MH, IND, 400 042
Praxis Home Retail Ltd is engaged in the provision of home retail solutions in India. The company offers various furniture, homeware, decor, furnishings, modular kitchen, kitchenware, and bathroom accessories. In addition, it also renders interior design consultation and services for homes and offices.

Praxis Home Retail Headlines

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