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Kanco Tea & Industries (BOM:541005) Days Inventory : 336.26 (As of Sep. 2024)


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What is Kanco Tea & Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kanco Tea & Industries's Average Total Inventories for the three months ended in Sep. 2024 was ₹120.5 Mil. Kanco Tea & Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹32.7 Mil. Hence, Kanco Tea & Industries's Days Inventory for the three months ended in Sep. 2024 was 336.26.

The historical rank and industry rank for Kanco Tea & Industries's Days Inventory or its related term are showing as below:

BOM:541005' s Days Inventory Range Over the Past 10 Years
Min: 58.82   Med: 97.54   Max: 332.32
Current: 332.32

During the past 13 years, Kanco Tea & Industries's highest Days Inventory was 332.32. The lowest was 58.82. And the median was 97.54.

BOM:541005's Days Inventory is ranked worse than
93.93% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 81.87 vs BOM:541005: 332.32

Kanco Tea & Industries's Days Inventory increased from Sep. 2023 (100.18) to Sep. 2024 (336.26). It might indicate that Kanco Tea & Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kanco Tea & Industries's Inventory Turnover for the three months ended in Sep. 2024 was 0.27.

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. Kanco Tea & Industries's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.44.


Kanco Tea & Industries Days Inventory Historical Data

The historical data trend for Kanco Tea & Industries'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.

Kanco Tea & Industries Days Inventory Chart

Kanco Tea & Industries 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 81.03 58.82 70.41 74.95 94.96

Kanco Tea & Industries 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 100.18 133.53 196.04 - 336.26

Competitive Comparison of Kanco Tea & Industries's Days Inventory

For the Farm Products subindustry, Kanco Tea & Industries'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.


Kanco Tea & Industries's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Kanco Tea & Industries's Days Inventory falls into.



Kanco Tea & Industries Days Inventory Calculation

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

Kanco Tea & Industries'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
=( (76.162 + 46.839) / 2 ) / 236.402*365
=61.5005 / 236.402*365
=94.96

Kanco Tea & Industries'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 + 120.5) / 1 ) / 32.7*365 / 4
=120.5 / 32.7*365 / 4
=336.26

* 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.


Kanco Tea & Industries  (BOM:541005) 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.

Kanco Tea & Industries'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.

Kanco Tea & Industries'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.


Kanco Tea & Industries Days Inventory Related Terms

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


Kanco Tea & Industries Business Description

Traded in Other Exchanges
N/A
Address
31, Shakespeare Sarani, Jasmine Tower, 3rd Floor, Kolkata, WB, IND, 700 017
Kanco Tea & Industries Ltd is an India-based company operating in the tea industry. It is mainly engaged in the cultivation, manufacturing, and selling of black tea. The company generates its revenue from the sale of its product- black tea.

Kanco Tea & Industries Headlines

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