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Ginni Filaments (NSE:GINNIFILA) Days Inventory : 93.72 (As of Sep. 2024)


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What is Ginni Filaments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ginni Filaments's Average Total Inventories for the three months ended in Sep. 2024 was ₹528.8 Mil. Ginni Filaments's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹514.9 Mil. Hence, Ginni Filaments's Days Inventory for the three months ended in Sep. 2024 was 93.72.

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

NSE:GINNIFILA' s Days Inventory Range Over the Past 10 Years
Min: 84.45   Med: 108.13   Max: 1227.96
Current: 1227.96

During the past 13 years, Ginni Filaments's highest Days Inventory was 1227.96. The lowest was 84.45. And the median was 108.13.

NSE:GINNIFILA's Days Inventory is ranked worse than
97.61% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 128.77 vs NSE:GINNIFILA: 1227.96

Ginni Filaments's Days Inventory declined from Sep. 2023 (294.41) to Sep. 2024 (93.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ginni Filaments's Inventory Turnover for the three months ended in Sep. 2024 was 0.97.

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. Ginni Filaments's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.57.


Ginni Filaments Days Inventory Historical Data

The historical data trend for Ginni Filaments'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.

Ginni Filaments Days Inventory Chart

Ginni Filaments 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 109.25 128.88 107.00 308.17 158.72

Ginni Filaments Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 294.41 84.33 - 113.77 93.72

Competitive Comparison of Ginni Filaments's Days Inventory

For the Textile Manufacturing subindustry, Ginni Filaments'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.


Ginni Filaments's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Ginni Filaments's Days Inventory falls into.



Ginni Filaments Days Inventory Calculation

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

Ginni Filaments'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
=( (1621.394 + 501.981) / 2 ) / 2441.448*365
=1061.6875 / 2441.448*365
=158.72

Ginni Filaments'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: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 528.812) / 1 ) / 514.893*365 / 4
=528.812 / 514.893*365 / 4
=93.72

* 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.


Ginni Filaments  (NSE:GINNIFILA) 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.

Ginni Filaments's Inventory Turnover for the three months ended in Sep. 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.

Ginni Filaments's Inventory to Revenue for the three months ended in Sep. 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.


Ginni Filaments Days Inventory Related Terms

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


Ginni Filaments Business Description

Traded in Other Exchanges
Address
D-196, Sector-63, Noida, UP, IND, 201307
Ginni Filaments Ltd operates in Textiles and Other segments. Its Textile segment is engaged in the manufacturing of traditional textiles including yarn, knitted fabric, and knitted garments. Its other segment includes the manufacturing of nonwoven fabric and its converted products like wet and dry wipes. The company generates maximum revenue from the Textiles segment.

Ginni Filaments Headlines

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