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Stove Kraft (BOM:543260) Days Inventory : 128.61 (As of Sep. 2024)


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What is Stove Kraft Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Stove Kraft's Average Total Inventories for the three months ended in Sep. 2024 was ₹3,644 Mil. Stove Kraft's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹2,585 Mil. Hence, Stove Kraft's Days Inventory for the three months ended in Sep. 2024 was 128.61.

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

BOM:543260' s Days Inventory Range Over the Past 10 Years
Min: 82.83   Med: 86.86   Max: 133.04
Current: 133.04

During the past 7 years, Stove Kraft's highest Days Inventory was 133.04. The lowest was 82.83. And the median was 86.86.

BOM:543260's Days Inventory is ranked worse than
68.67% of 415 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 102.4 vs BOM:543260: 133.04

Stove Kraft's Days Inventory increased from Sep. 2023 (108.90) to Sep. 2024 (128.61). It might indicate that Stove Kraft's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stove Kraft's Inventory Turnover for the three months ended in Sep. 2024 was 0.71.

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. Stove Kraft's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.87.


Stove Kraft Days Inventory Historical Data

The historical data trend for Stove Kraft'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.

Stove Kraft Days Inventory Chart

Stove Kraft Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 86.86 86.67 85.70 95.10 117.58

Stove Kraft Quarterly Data
Mar19 Sep19 Mar20 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 108.90 120.30 133.45 150.43 128.61

Competitive Comparison of Stove Kraft's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Stove Kraft'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.


Stove Kraft's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Stove Kraft's Days Inventory distribution charts can be found below:

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



Stove Kraft Days Inventory Calculation

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

Stove Kraft'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
=( (2433.45 + 3203.35) / 2 ) / 8748.87*365
=2818.4 / 8748.87*365
=117.58

Stove Kraft'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 + 3643.69) / 1 ) / 2585.18*365 / 4
=3643.69 / 2585.18*365 / 4
=128.61

* 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.


Stove Kraft  (BOM:543260) 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.

Stove Kraft'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.

Stove Kraft'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.


Stove Kraft Days Inventory Related Terms

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


Stove Kraft Business Description

Traded in Other Exchanges
Address
Mission Road, No.30, 2nd Cross, CSI Compound, Bengaluru, KA, IND, 560027
Stove Kraft Ltd is involved in the kitchen appliances industry. The business activity of the group includes manufacturing and sale of kitchen solutions under the Pigeon and Gilma brands. The company operates in single-segment 'Kitchen and Home appliances'. The company offers products including pressure cookers, non-stick cookware, gas and induction cooktops, mixer grinders, chimneys, and hobs among others. Geographically the company generates the majority of its revenue within India.

Stove Kraft Headlines

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