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Brand Concepts (NSE:BCONCEPTS) Days Inventory : 175.04 (As of Mar. 2024)


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What is Brand Concepts Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Brand Concepts's Average Total Inventories for the three months ended in Mar. 2024 was ₹514 Mil. Brand Concepts's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹268 Mil. Hence, Brand Concepts's Days Inventory for the three months ended in Mar. 2024 was 175.04.

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

NSE:BCONCEPTS' s Days Inventory Range Over the Past 10 Years
Min: 107.76   Med: 160.17   Max: 368.18
Current: 117.48

During the past 12 years, Brand Concepts's highest Days Inventory was 368.18. The lowest was 107.76. And the median was 160.17.

NSE:BCONCEPTS's Days Inventory is ranked better than
56.06% of 1006 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.415 vs NSE:BCONCEPTS: 117.48

Brand Concepts's Days Inventory increased from Mar. 2023 (135.39) to Mar. 2024 (175.04). It might indicate that Brand Concepts's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Brand Concepts's Inventory Turnover for the three months ended in Mar. 2024 was 0.52.

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. Brand Concepts's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.89.


Brand Concepts Days Inventory Historical Data

The historical data trend for Brand Concepts'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.

Brand Concepts Days Inventory Chart

Brand Concepts Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 261.61 368.18 173.89 113.66 118.66

Brand Concepts Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 135.39 90.77 101.83 110.39 175.04

Competitive Comparison of Brand Concepts's Days Inventory

For the Footwear & Accessories subindustry, Brand Concepts'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.


Brand Concepts's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Brand Concepts's Days Inventory falls into.



Brand Concepts Days Inventory Calculation

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

Brand Concepts'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
=( (307.633 + 514.394) / 2 ) / 1264.247*365
=411.0135 / 1264.247*365
=118.66

Brand Concepts'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 514.394) / 1 ) / 268.155*365 / 4
=514.394 / 268.155*365 / 4
=175.04

* 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.


Brand Concepts  (NSE:BCONCEPTS) 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.

Brand Concepts's Inventory Turnover for the three 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.

Brand Concepts's Inventory to Revenue for the three 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.


Brand Concepts Days Inventory Related Terms

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


Brand Concepts (NSE:BCONCEPTS) Business Description

Traded in Other Exchanges
Address
140/2/2, Ring Road Square, Musakhedi, Indore, MP, IND, 452001
Brand Concepts Ltd is an Indian company engaged in Trading of Travel Bags and accessories. It offers products such as luggage trolleys, backpacks, small leather goods like belts, clutches, and wallets for both men and women, women's handbags, and lifestyle accessories. The company sells its products through Myntra Jabong India Pvt. Ltd. and Shoppers Stop Ltd. The company has one reportable segment i.e. "Trading of Travel Bags and Accessories".

Brand Concepts (NSE:BCONCEPTS) Headlines

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