Days Inventory is also known as Days Sales of Inventory (DSI). KIOCL's Average Total Inventories for the
three
months ended in Sep. 2024 was ₹3,833 Mil. KIOCL's Cost of Goods Sold for the
three
months ended in Sep. 2024 was ₹269 Mil.
Hence, KIOCL's Days Inventory for the
three
months ended in Sep. 2024 was 1,300.17.
The historical rank and industry rank for KIOCL's Days Inventory or its related term are showing as below:
NSE:KIOCL'
s Days Inventory Range Over the Past 10 Years
Min: 55.5 Med: 70.69 Max: 293.71
Current: 177.07
During the past 13 years, KIOCL's highest Days Inventory was 293.71. The lowest was 55.50. And the median was 70.69.
NSE:KIOCL's Days Inventory is ranked worse than 88.79% of 589
companies
in the Steel industry
Industry Median: 87.84
vs NSE:KIOCL: 177.07
KIOCL's Days Inventory
increased
from Sep. 2023 (96.43) to Sep. 2024 (1,300.17).
It might indicate that KIOCL's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
KIOCL's Inventory Turnover for the
three
months ended in Sep. 2024 was 0.07.
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.
KIOCL's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 24.17.
KIOCL Days Inventory Historical Data
The historical data trend for KIOCL'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.
For the Steel subindustry, KIOCL'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.
KIOCL's Days Inventory Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, KIOCL's Days Inventory distribution charts can be found below:
* The bar in red indicates where KIOCL's Days Inventory falls into.
KIOCL Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
KIOCL's Days Inventory for the fiscal year that ended in Mar. 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.
KIOCL (NSE:KIOCL) 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.
KIOCL'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.
KIOCL'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.
KIOCL Days Inventory Related Terms
Thank you for viewing the detailed overview of KIOCL's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
KIOCL Ltd is engaged in the manufacturing and export of iron oxide pellets. It is primarily engaged in the business of iron ore mining, beneficiation, and production of high-quality pellets. The company operates through two segments namely Iron oxide pellet and Pig iron. Geographically it operates through the region of India and generates the majority of the revenue from outside India. The company is also engaged in also engage in mineral exploration and are involved in the exploration of minerals such as iron, manganese, limestone, nickel, chromium, copper, gold, lead, zinc, kyanite & phosphorite. The company generates the majority of its revenue from the Pellets segment.
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