Winsome Textile Industries (LUX:WTI) Days Inventory : 206.35 (As of Jun. 2024)

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What is Winsome Textile Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Winsome Textile Industries's Average Total Inventories for the three months ended in Jun. 2024 was $37.78 Mil. Winsome Textile Industries's Cost of Goods Sold for the three months ended in Jun. 2024 was $16.71 Mil. Hence, Winsome Textile Industries's Days Inventory for the three months ended in Jun. 2024 was 206.35.

The historical rank and industry rank for Winsome Textile Industries's Days Inventory or its related term are showing as below:

LUX:WTI' s Days Inventory Range Over the Past 10 Years
Min: 138.72 Med: 171.33 Max: 202.55
Current: 192.83

During the past 13 years, Winsome Textile Industries's highest Days Inventory was 202.55. The lowest was 138.72. And the median was 171.33.

LUX:WTI's Days Inventory is ranked worse than
72.14% of 1005 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 127.19 vs LUX:WTI: 192.83

Winsome Textile Industries's Days Inventory increased from Jun. 2023 (192.77) to Jun. 2024 (206.35). It might indicate that Winsome Textile Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Winsome Textile Industries's Inventory Turnover for the three months ended in Jun. 2024 was 0.44.

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. Winsome Textile Industries's Inventory-to-Revenue for the three months ended in Jun. 2024 was 1.56.

Winsome Textile Industries Days Inventory Historical Data

The historical data trend for Winsome Textile Industries'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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Winsome Textile Industries Days Inventory Chart

Winsome Textile Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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172.62

181.68

141.65

171.65

203.44

Winsome Textile Industries Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Inventory	Get a 7-Day Free Trial															192.77	185.60	197.96	185.27	206.35

Competitive Comparison of Winsome Textile Industries's Days Inventory

For the Textile Manufacturing subindustry, Winsome Textile Industries'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.

Winsome Textile Industries's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Winsome Textile Industries's Days Inventory falls into.

Winsome Textile Industries Days Inventory Calculation

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

Winsome Textile Industries'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
=	( (34.849	+	37.783)	/	2 )	/	65.157	*	365
=	36.316					/	65.157	*	365
=	203.44

Winsome Textile Industries's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (37.783	+	0)	/	1 )	/	16.708	*	365 / 4
=	37.783					/	16.708	*	365 / 4
=	206.35

Winsome Textile Industries (LUX:WTI) 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.

Winsome Textile Industries's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16.708	/	37.783
	=	0.44

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.

Winsome Textile Industries's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	37.783	/	24.185
	=	1.56

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.

Winsome Textile Industries Days Inventory Related Terms

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

Winsome Textile Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Winsome Textile Industries Ltd (LUX:WTI) » Definitions » Days Inventory

Traded in Other Exchanges

514470:India

Address

SCO 191-192, Sector Number 34-A, Chandigarh, IND, 160022

Website

https://www.winsometextile.com

Winsome Textile Industries Ltd operates in the textile industry. The company is mainly engaged in the production and distribution of yarns and fabric for knitting and weaving. The company operates through the Textile (yarn, fabric, and allied activities) segment. The company's product offerings include raw white yarn, dyed yarn, fancy yarn, and melange Yarn.