Goenka Diamond & Jewels (NSE:GOENKA) Days Inventory : 2,183.57 (As of Dec. 2024)

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What is Goenka Diamond & Jewels Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Goenka Diamond & Jewels's Average Total Inventories for the three months ended in Dec. 2024 was ₹81.79 Mil. Goenka Diamond & Jewels's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹3.42 Mil. Hence, Goenka Diamond & Jewels's Days Inventory for the three months ended in Dec. 2024 was 2,183.57.

The historical rank and industry rank for Goenka Diamond & Jewels's Days Inventory or its related term are showing as below:

NSE:GOENKA' s Days Inventory Range Over the Past 10 Years
Min: 292.91 Med: 1145.97 Max: 2896.66
Current: 2135.47

During the past 13 years, Goenka Diamond & Jewels's highest Days Inventory was 2896.66. The lowest was 292.91. And the median was 1145.97.

NSE:GOENKA's Days Inventory is ranked worse than
99.26% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 106.45 vs NSE:GOENKA: 2135.47

Goenka Diamond & Jewels's Days Inventory declined from Dec. 2023 (3,956.32) to Dec. 2024 (2,183.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. Goenka Diamond & Jewels's Inventory Turnover for the three months ended in Dec. 2024 was 0.04.

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. Goenka Diamond & Jewels's Inventory-to-Revenue for the three months ended in Dec. 2024 was 38.33.

Goenka Diamond & Jewels Days Inventory Historical Data

The historical data trend for Goenka Diamond & Jewels'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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Goenka Diamond & Jewels Days Inventory Chart

Goenka Diamond & Jewels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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763.78

1,235.44

1,009.02

2,196.86

2,896.66

Goenka Diamond & Jewels Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															3,956.32	2,118.64	1,711.98	2,401.36	2,183.57

Competitive Comparison of Goenka Diamond & Jewels's Days Inventory

For the Luxury Goods subindustry, Goenka Diamond & Jewels'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.

Goenka Diamond & Jewels's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Goenka Diamond & Jewels's Days Inventory distribution charts can be found below:

* The bar in red indicates where Goenka Diamond & Jewels's Days Inventory falls into.

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Goenka Diamond & Jewels Days Inventory Calculation

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

Goenka Diamond & Jewels'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
=	( (100.168	+	88.948)	/	2 )	/	11.915	*	365
=	94.558					/	11.915	*	365
=	2,896.66

Goenka Diamond & Jewels's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (81.791	+	0)	/	1 )	/	3.418	*	365 / 4
=	81.791					/	3.418	*	365 / 4
=	2,183.57

Goenka Diamond & Jewels (NSE:GOENKA) 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.

Goenka Diamond & Jewels's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.418	/	81.791
	=	0.04

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.

Goenka Diamond & Jewels's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	81.791	/	2.134
	=	38.33

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.

Goenka Diamond & Jewels Days Inventory Related Terms

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

Goenka Diamond & Jewels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Goenka Diamond & Jewels Ltd (NSE:GOENKA) » Definitions » Days Inventory

Traded in Other Exchanges

533189:India

Address

Street No. 184, Mama Parmanand Marg, 1305, Panchratna Building, Opera House, Girgaon Division, Mumbai, MH, IND, 400004

Website

http://www.goenkadiamonds.com

Goenka Diamond & Jewels Ltd is engaged in the business of cutting and polishing diamonds, color stones, precious and semi-precious stones. The company operates through two segments, Diamond and Jewellery. The company supplies polished diamonds to wholesalers, jewellery manufacturers, traders, and retailers based in India and other countries.

Goenka Diamond & Jewels Headlines

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