Greenchef Appliances (NSE:GREENCHEF) Days Inventory : 125.17 (As of Mar. 2024)

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What is Greenchef Appliances Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Greenchef Appliances's Average Total Inventories for the six months ended in Mar. 2024 was ₹770 Mil. Greenchef Appliances's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹2,245 Mil. Hence, Greenchef Appliances's Days Inventory for the six months ended in Mar. 2024 was 62.59.

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

NSE:GREENCHEF' s Days Inventory Range Over the Past 10 Years
Min: 79.76 Med: 82.33 Max: 125.17
Current: 125.17

During the past 5 years, Greenchef Appliances's highest Days Inventory was 125.17. The lowest was 79.76. And the median was 82.33.

NSE:GREENCHEF's Days Inventory is ranked worse than
65.71% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 100.725 vs NSE:GREENCHEF: 125.17

Greenchef Appliances's Days Inventory increased from Mar. 2022 (82.33) to Mar. 2024 (125.17). It might indicate that Greenchef Appliances's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Greenchef Appliances's Inventory Turnover for the six months ended in Mar. 2024 was 2.92.

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. Greenchef Appliances's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.23.

Greenchef Appliances Days Inventory Historical Data

The historical data trend for Greenchef Appliances'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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Greenchef Appliances Days Inventory Chart

Greenchef Appliances Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

79.76

81.63

82.33

117.99

125.17

Greenchef Appliances Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Days Inventory	79.76	81.63	82.33	117.99	125.17

Competitive Comparison of Greenchef Appliances's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Greenchef Appliances'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.

Greenchef Appliances's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Greenchef Appliances's Days Inventory distribution charts can be found below:

* The bar in red indicates where Greenchef Appliances's Days Inventory falls into.

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Greenchef Appliances Days Inventory Calculation

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

Greenchef Appliances'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
=	( (774.4	+	765.5)	/	2 )	/	2245.2	*	365
=	769.95					/	2245.2	*	365
=	125.17

Greenchef Appliances'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: Mar. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (774.4	+	765.5)	/	2 )	/	2245.2	*	365 / 2
=	769.95					/	2245.2	*	365 / 2
=	62.59

Greenchef Appliances (NSE:GREENCHEF) 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.

Greenchef Appliances's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2245.2	/	769.95
	=	2.92

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.

Greenchef Appliances's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	769.95	/	3306.5
	=	0.23

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.

Greenchef Appliances Days Inventory Related Terms

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

Greenchef Appliances Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Greenchef Appliances Ltd (NSE:GREENCHEF) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Niduvanda Village, Sompura Hobli, Plot No. 246, Sompura 1st Stage, Sy No. 133 & 141, Nelemangala Taluk Devarahosahalli Nelamangala, Bengaluru, KA, IND, 562111

Website

https://www.greenchef.in

Greenchef Appliances Ltd is engaged in the business of manufacturing and marketing a wide range of kitchen appliances under the brand name Greenchef. The kitchen appliances of the company include a wide range of solutions comprising Gas Stoves, Pressure Cookers, Mixer Grinders, Wet Grinders, Electric Rice Cooker, Induction Cooktops, Non-stick Cookwares like Tawa, Fry Pans, Kadai, Biriyani Pot, Tadka Pan, Paniyarakkal, Appamchetty, etc, Kettles, Hose Pipes, Gas Cylinder Trolley and others. The products of the company are offered at different pricing points to meet diverse customer requirements.

Greenchef Appliances Headlines

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