United Cotfab (BOM:544195) Days Inventory : 57.53 (As of Sep. 2024)

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What is United Cotfab Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). United Cotfab's Average Total Inventories for the six months ended in Sep. 2024 was ₹160 Mil. United Cotfab's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹508 Mil. Hence, United Cotfab's Days Inventory for the six months ended in Sep. 2024 was 57.53.

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

BOM:544195' s Days Inventory Range Over the Past 10 Years
Min: 39.15 Med: 2824.95 Max: 5610.74
Current: 45.58

During the past 4 years, United Cotfab's highest Days Inventory was 5610.74. The lowest was 39.15. And the median was 2824.95.

BOM:544195's Days Inventory is ranked better than
87.18% of 991 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 127.23 vs BOM:544195: 45.58

United Cotfab's Days Inventory increased from Sep. 2023 (24.56) to Sep. 2024 (57.53). It might indicate that United Cotfab's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Cotfab's Inventory Turnover for the six months ended in Sep. 2024 was 3.17.

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. United Cotfab's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.26.

United Cotfab Days Inventory Historical Data

The historical data trend for United Cotfab'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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United Cotfab Days Inventory Chart

United Cotfab Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Inventory

5,610.74

39.15

United Cotfab Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial			-	-	24.56	35.86	57.53

Competitive Comparison of United Cotfab's Days Inventory

For the Textile Manufacturing subindustry, United Cotfab'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.

United Cotfab's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where United Cotfab's Days Inventory falls into.

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United Cotfab Days Inventory Calculation

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

United Cotfab'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
=	( (64.854	+	138.989)	/	2 )	/	950.117	*	365
=	101.9215					/	950.117	*	365
=	39.15

United Cotfab'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: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (138.989	+	181.007)	/	2 )	/	507.515	*	365 / 2
=	159.998					/	507.515	*	365 / 2
=	57.53

United Cotfab (BOM:544195) 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.

United Cotfab's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	507.515	/	159.998
	=	3.17

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.

United Cotfab's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	159.998	/	620.843
	=	0.26

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.

United Cotfab Days Inventory Related Terms

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

United Cotfab Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » United Cotfab Ltd (BOM:544195) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Pirana Octroi Naka, Survey No.238, 239, Shahwadi Near, Narol, Ahmedabad, GJ, IND, 382405

Website

https://www.unitedcotfab.com

United Cotfab Ltd is engaged in the manufacturing of high-quality open-end yarn catering to the textile industry. Its manufacturing process adheres to stringent quality standards and is backed by technology and machinery. The company follows a systematic approach that includes raw material selection, blending (if required), spinning, winding, and quality control.

United Cotfab Headlines

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