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Indo Count Industries (NSE:ICIL) Days Inventory : 316.31 (As of Sep. 2024)


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What is Indo Count Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Indo Count Industries's Average Total Inventories for the three months ended in Sep. 2024 was ₹14,338 Mil. Indo Count Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹4,136 Mil. Hence, Indo Count Industries's Days Inventory for the three months ended in Sep. 2024 was 316.31.

The historical rank and industry rank for Indo Count Industries's Days Inventory or its related term are showing as below:

NSE:ICIL' s Days Inventory Range Over the Past 10 Years
Min: 125.13   Med: 159.11   Max: 240.91
Current: 237.11

During the past 13 years, Indo Count Industries's highest Days Inventory was 240.91. The lowest was 125.13. And the median was 159.11.

NSE:ICIL's Days Inventory is ranked worse than
79.26% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 128.77 vs NSE:ICIL: 237.11

Indo Count Industries's Days Inventory increased from Sep. 2023 (183.25) to Sep. 2024 (316.31). It might indicate that Indo Count Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Indo Count Industries's Inventory Turnover for the three months ended in Sep. 2024 was 0.29.

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. Indo Count Industries's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.38.


Indo Count Industries Days Inventory Historical Data

The historical data trend for Indo Count Industries'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.

Indo Count Industries Days Inventory Chart

Indo Count Industries 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 148.95 155.84 240.91 226.29 209.97

Indo Count Industries 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 183.25 326.01 139.59 275.28 316.31

Competitive Comparison of Indo Count Industries's Days Inventory

For the Textile Manufacturing subindustry, Indo Count Industries'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.


Indo Count Industries's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Indo Count Industries's Days Inventory falls into.



Indo Count Industries Days Inventory Calculation

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

Indo Count Industries'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
=( (8946.848 + 11425.198) / 2 ) / 17706.427*365
=10186.023 / 17706.427*365
=209.97

Indo Count Industries'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 + 14337.914) / 1 ) / 4136.21*365 / 4
=14337.914 / 4136.21*365 / 4
=316.31

* 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.


Indo Count Industries  (NSE:ICIL) 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.

Indo Count Industries'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.

Indo Count Industries's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=14337.914 / 10358.532
=1.38

* 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.


Indo Count Industries Days Inventory Related Terms

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


Indo Count Industries Business Description

Traded in Other Exchanges
Address
NCPA Marg, 301, 3rd Floor, Arcadia, Nariman Point, Mumbai, MH, IND, 400021
Indo Count Industries Ltd is an India-based company principally engaged in the manufacturing and sale of textile products. The company manufactures and exports bed sheets, bed linen, utility bedding, pillowcases, fashion bedding, institutional bedding, comforters, quilts, decorative pillows, etc. Its products are marketed through brands like Pure Earth, Boutique Living, Atlas, Simply Put, Linen Closet, The Pure Collection, and Heirlooms of India. The company operates in a single segment and derives a majority of its revenue by exporting its products to countries like the United States of America, UAE, the United Kingdom, and others.

Indo Count Industries Headlines

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