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Arvind Fashions (BOM:542484) Days Inventory : 155.36 (As of Mar. 2024)


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What is Arvind Fashions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arvind Fashions's Average Total Inventories for the three months ended in Mar. 2024 was ₹9,094 Mil. Arvind Fashions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹5,342 Mil. Hence, Arvind Fashions's Days Inventory for the three months ended in Mar. 2024 was 155.36.

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

BOM:542484' s Days Inventory Range Over the Past 10 Years
Min: 141.83   Med: 165.68   Max: 321.31
Current: 169.35

During the past 9 years, Arvind Fashions's highest Days Inventory was 321.31. The lowest was 141.83. And the median was 165.68.

BOM:542484's Days Inventory is ranked worse than
62.23% of 1006 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.905 vs BOM:542484: 169.35

Arvind Fashions's Days Inventory declined from Mar. 2023 (181.40) to Mar. 2024 (155.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Arvind Fashions's Inventory Turnover for the three months ended in Mar. 2024 was 0.59.

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. Arvind Fashions's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.83.


Arvind Fashions Days Inventory Historical Data

The historical data trend for Arvind Fashions'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.

Arvind Fashions Days Inventory Chart

Arvind Fashions Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 214.48 321.31 161.92 160.07 169.44

Arvind Fashions 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 181.40 198.35 157.15 191.78 155.36

Competitive Comparison of Arvind Fashions's Days Inventory

For the Apparel Manufacturing subindustry, Arvind Fashions'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.


Arvind Fashions's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Arvind Fashions's Days Inventory distribution charts can be found below:

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



Arvind Fashions Days Inventory Calculation

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

Arvind Fashions'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
=( (9819 + 9094.4) / 2 ) / 20371*365
=9456.7 / 20371*365
=169.44

Arvind Fashions'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 + 9094.4) / 1 ) / 5341.7*365 / 4
=9094.4 / 5341.7*365 / 4
=155.36

* 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.


Arvind Fashions  (BOM:542484) 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.

Arvind Fashions'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.

Arvind Fashions'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.


Arvind Fashions Days Inventory Related Terms

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


Arvind Fashions (BOM:542484) Business Description

Traded in Other Exchanges
Address
17, M.G Road, Du Parc Trinity, 8th Floor, Bangalore, KA, IND, 560 001
Arvind Fashions Ltd is a branded apparel & Accessories company. The company's brands include US Polo, Tommy Hilfiger, Nautica, GAP, Calvin Klein, and others. Geographically, it derives a majority of its revenue from India. Its business activity falls within a single operating business segment of Branded Apparels.

Arvind Fashions (BOM:542484) Headlines

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