Eighty Jewellers (BOM:543518) Days Inventory : 130.25 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Eighty Jewellers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eighty Jewellers's Average Total Inventories for the six months ended in Mar. 2024 was ₹308.2 Mil. Eighty Jewellers's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹431.9 Mil. Hence, Eighty Jewellers's Days Inventory for the six months ended in Mar. 2024 was 130.25.

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

BOM:543518' s Days Inventory Range Over the Past 10 Years
Min: 76.76 Med: 123.77 Max: 158.3
Current: 150.88

During the past 6 years, Eighty Jewellers's highest Days Inventory was 158.30. The lowest was 76.76. And the median was 123.77.

BOM:543518's Days Inventory is ranked worse than
63.52% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.51 vs BOM:543518: 150.88

Eighty Jewellers's Days Inventory increased from Mar. 2023 (114.86) to Mar. 2024 (130.25). It might indicate that Eighty Jewellers's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eighty Jewellers's Inventory Turnover for the six months ended in Mar. 2024 was 1.40.

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. Eighty Jewellers's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.67.

Eighty Jewellers Days Inventory Historical Data

The historical data trend for Eighty Jewellers'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.

Eighty Jewellers Days Inventory Chart

Eighty Jewellers Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Get a 7-Day Free Trial

158.30

133.09

76.76

114.44

153.54

Eighty Jewellers Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial				59.01	116.41	114.86	175.38	130.25

Competitive Comparison of Eighty Jewellers's Days Inventory

For the Luxury Goods subindustry, Eighty Jewellers'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.

Eighty Jewellers's Days Inventory Distribution in the Retail - Cyclical Industry

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

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

Eighty Jewellers Days Inventory Calculation

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

Eighty Jewellers'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
=	( (319.224	+	315.567)	/	2 )	/	754.5	*	365
=	317.3955					/	754.5	*	365
=	153.54

Eighty Jewellers'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (300.891	+	315.567)	/	2 )	/	431.862	*	365 / 2
=	308.229					/	431.862	*	365 / 2
=	130.25

Eighty Jewellers (BOM:543518) 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.

Eighty Jewellers's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	431.862	/	308.229
	=	1.40

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.

Eighty Jewellers's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	308.229	/	462.024
	=	0.67

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.

Eighty Jewellers Days Inventory Related Terms

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

Eighty Jewellers (BOM:543518) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Eighty Jewellers Ltd (BOM:543518) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

A.T Palace, Kotwali Chowk, Sadar Bazar, Raipur, CT, IND, 492001

Website

https://www.eightyjewels.in

Eighty Jewellers Ltd is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers.

Eighty Jewellers (BOM:543518) Headlines

No Headlines