Nanavati Ventures (BOM:543522) Days Inventory : 183.70 (As of Sep. 2023)

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What is Nanavati Ventures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nanavati Ventures's Average Total Inventories for the six months ended in Sep. 2023 was ₹117.9 Mil. Nanavati Ventures's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹117.1 Mil. Hence, Nanavati Ventures's Days Inventory for the six months ended in Sep. 2023 was 183.70.

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

BOM:543522' s Days Inventory Range Over the Past 10 Years
Min: 0.03 Med: 115.67 Max: 1241.79
Current: 181.83

During the past 5 years, Nanavati Ventures's highest Days Inventory was 1241.79. The lowest was 0.03. And the median was 115.67.

BOM:543522's Days Inventory is ranked worse than
71.9% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 110.51 vs BOM:543522: 181.83

Nanavati Ventures's Days Inventory increased from Sep. 2022 (33.56) to Sep. 2023 (183.70). It might indicate that Nanavati Ventures'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. Nanavati Ventures's Inventory Turnover for the six months ended in Sep. 2023 was 0.99.

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. Nanavati Ventures's Inventory-to-Revenue for the six months ended in Sep. 2023 was 1.02.

Nanavati Ventures Days Inventory Historical Data

The historical data trend for Nanavati Ventures'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.

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Nanavati Ventures Days Inventory Chart

Nanavati Ventures Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

1,241.79

115.67

0.03

27.63

115.83

Nanavati Ventures Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			0.03	42.68	33.56	154.11	183.70

Competitive Comparison of Nanavati Ventures's Days Inventory

For the Luxury Goods subindustry, Nanavati Ventures'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.

Nanavati Ventures's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Nanavati Ventures's Days Inventory falls into.

Nanavati Ventures Days Inventory Calculation

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

Nanavati Ventures's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (27.867	+	70.082)	/	2 )	/	154.331	*	365
=	48.9745					/	154.331	*	365
=	115.83

Nanavati Ventures's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (70.082	+	165.625)	/	2 )	/	117.081	*	365 / 2
=	117.8535					/	117.081	*	365 / 2
=	183.70

Nanavati Ventures (BOM:543522) 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.

Nanavati Ventures's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	117.081	/	117.8535
	=	0.99

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.

Nanavati Ventures's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	117.8535	/	115.131
	=	1.02

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.

Nanavati Ventures Days Inventory Related Terms

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

Nanavati Ventures (BOM:543522) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nanavati Ventures Ltd (BOM:543522) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

S-414, OM Plaza, Adarsh App. Co-operative housing society, Village: Vijalpor, Taluka: Jalalpore, Navsari, GJ, IND, 396445

Website

http://www.nventures.co.in

Nanavati Ventures Ltd is a diamond trading company. The company sells diamonds largely to a domestic customer base that includes jewellery manufacturers, large department store chains, retail stores, and wholesalers.

Nanavati Ventures (BOM:543522) Headlines

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