The historical rank and industry rank for Goel Food Products's Days Inventory or its related term are showing as below:
BOM:543538'
s Days Inventory Range Over the Past 10 Years
Min: 19.11 Med: 28.84 Max: 50.56
Current: 27.72
During the past 6 years, Goel Food Products's highest Days Inventory was 50.56. The lowest was 19.11. And the median was 28.84.
BOM:543538's Days Inventory is ranked better than 90.84% of 1790
companies
in the Consumer Packaged Goods industry
Industry Median: 83.705
vs BOM:543538: 27.72
Goel Food Products's Days Inventory
increased
from Mar. 2023 (21.65) to Mar. 2024 (24.30).
It might indicate that Goel Food Products'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.
Goel Food Products's Inventory Turnover for the
six
months ended in Mar. 2024 was 7.51.
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.
Goel Food Products's Inventory-to-Revenue for the
six
months ended in Mar. 2024 was 0.04.
Goel Food Products Days Inventory Historical Data
The historical data trend for Goel Food Products'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.
Competitive Comparison of Goel Food Products's Days Inventory
For the Packaged Foods subindustry, Goel Food Products'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.
Goel Food Products's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Goel Food Products's Days Inventory distribution charts can be found below:
* The bar in red indicates where Goel Food Products's Days Inventory falls into.
Goel Food Products Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Goel Food Products's Days Inventory for the fiscal year that 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.
Goel Food Products (BOM:543538) 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.
Goel Food Products's Inventory Turnover for the
six
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.
Goel Food Products's Inventory to Revenue for the
six
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.
Goel Food Products Days Inventory Related Terms
Thank you for viewing the detailed overview of Goel Food Products's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Goel Food Products (BOM:543538) Business Description
Goel Food Products Ltd is engaged in the business of manufacturing Indian Snacks and Sweets. The company provide services such as organizing events like Marriages, Sangeet, Ring Ceremony, Birthday Parties, Anniversary Parties, Kitty Parties, Corporate Events, Kirtans (Devotional Singing), Thread Ceremony at the banquets hall and serves Indian snack and Sweets at the company retail shop. The company also generates rent income the hotels and guest house. It operates and manages the banquet and Indian snacks and sweets shop business under the name "BIKA" at various locations in Kolkata.
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