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Globus Spirits (NSE:GLOBUSSPR) Days Inventory : 28.93 (As of Dec. 2023)


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What is Globus Spirits Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Globus Spirits's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,578 Mil. Globus Spirits's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹4,978 Mil. Hence, Globus Spirits's Days Inventory for the three months ended in Dec. 2023 was 28.93.

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

NSE:GLOBUSSPR' s Days Inventory Range Over the Past 10 Years
Min: 34.79   Med: 40.95   Max: 52.52
Current: 34.79

During the past 13 years, Globus Spirits's highest Days Inventory was 52.52. The lowest was 34.79. And the median was 40.95.

NSE:GLOBUSSPR's Days Inventory is ranked better than
96.1% of 205 companies
in the Beverages - Alcoholic industry
Industry Median: 160.75 vs NSE:GLOBUSSPR: 34.79

Globus Spirits's Days Inventory declined from Dec. 2022 (37.59) to Dec. 2023 (28.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Globus Spirits's Inventory Turnover for the three months ended in Dec. 2023 was 3.15.

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. Globus Spirits's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.23.


Globus Spirits Days Inventory Historical Data

The historical data trend for Globus Spirits'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.

Globus Spirits Days Inventory Chart

Globus Spirits Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.89 42.74 52.52 41.95 36.56

Globus Spirits Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 37.59 36.11 42.73 37.64 28.93

Competitive Comparison of Globus Spirits's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Globus Spirits'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.


Globus Spirits's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Globus Spirits's Days Inventory distribution charts can be found below:

* The bar in red indicates where Globus Spirits's Days Inventory falls into.



Globus Spirits Days Inventory Calculation

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

Globus Spirits's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1084.889 + 1577.812) / 2 ) / 13291.217*365
=1331.3505 / 13291.217*365
=36.56

Globus Spirits's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1578.033 + 0) / 1 ) / 4977.545*365 / 4
=1578.033 / 4977.545*365 / 4
=28.93

* 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.


Globus Spirits  (NSE:GLOBUSSPR) 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.

Globus Spirits's Inventory Turnover for the three months ended in Dec. 2023 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.

Globus Spirits's Inventory to Revenue for the three months ended in Dec. 2023 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.


Globus Spirits Days Inventory Related Terms

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


Globus Spirits (NSE:GLOBUSSPR) Business Description

Traded in Other Exchanges
Address
Plot No. 1 and 2, Ishwar Nagar, Mathura Road, F-0, Ground Floor, The Mira Corporate Suites, New Delhi, IND, 110065
Globus Spirits Ltd is engaged in the business of manufacture and sale of Indian Made Indian Liquor (IMIL) Indian Made Foreign Liquor (IMFL), Bulk Alcohol, and Franchise Bottling. The IMFL brands of the company include Country Club, French Castle, Hannibal Legendary, and White Lace.

Globus Spirits (NSE:GLOBUSSPR) Headlines

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