Days Inventory is also known as Days Sales of Inventory (DSI). GHCL Textiles's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹3,473 Mil. GHCL Textiles's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹2,103 Mil.
Hence, GHCL Textiles's Days Inventory for the
three
months ended in Mar. 2024 was 150.70.
The historical rank and industry rank for GHCL Textiles's Days Inventory or its related term are showing as below:
NSE:GHCLTEXTIL'
s Days Inventory Range Over the Past 10 Years
Min: 144.75 Med: 158.3 Max: 158.3
Current: 144.75
During the past 2 years, GHCL Textiles's highest Days Inventory was 158.30. The lowest was 144.75. And the median was 158.30.
NSE:GHCLTEXTIL's Days Inventory is ranked worse than 54.22% of 1007
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.53
vs NSE:GHCLTEXTIL: 144.75
GHCL Textiles's Days Inventory
increased
from Mar. 2023 (0.00) to Mar. 2024 (150.70).
It might indicate that GHCL Textiles'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.
GHCL Textiles's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.61.
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.
GHCL Textiles's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.21.
GHCL Textiles Days Inventory Historical Data
The historical data trend for GHCL Textiles'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 GHCL Textiles's Days Inventory
For the Textile Manufacturing subindustry, GHCL Textiles'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.
GHCL Textiles's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GHCL Textiles's Days Inventory distribution charts can be found below:
* The bar in red indicates where GHCL Textiles's Days Inventory falls into.
GHCL Textiles Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
GHCL Textiles'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.
GHCL Textiles (NSE:GHCLTEXTIL) 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.
GHCL Textiles'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.
GHCL Textiles'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.
GHCL Textiles Days Inventory Related Terms
Thank you for viewing the detailed overview of GHCL Textiles's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
GHCL Textiles (NSE:GHCLTEXTIL) Business Description
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