Days Inventory is also known as Days Sales of Inventory (DSI). Kritika Wires's Average Total Inventories for the
six
months ended in Mar. 2024 was ₹463 Mil. Kritika Wires's Cost of Goods Sold for the
six
months ended in Mar. 2024 was ₹2,015 Mil.
Hence, Kritika Wires's Days Inventory for the
six
months ended in Mar. 2024 was 41.96.
The historical rank and industry rank for Kritika Wires's Days Inventory or its related term are showing as below:
NSE:KRITIKA'
s Days Inventory Range Over the Past 10 Years
Min: 35.71 Med: 40.9 Max: 91.52
Current: 41.67
During the past 11 years, Kritika Wires's highest Days Inventory was 91.52. The lowest was 35.71. And the median was 40.90.
NSE:KRITIKA's Days Inventory is ranked better than 83.39% of 572
companies
in the Steel industry
Industry Median: 88.66
vs NSE:KRITIKA: 41.67
Kritika Wires's Days Inventory
declined
from Mar. 2023 (54.22) to Mar. 2024 (41.96).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Kritika Wires's Inventory Turnover for the
six
months ended in Mar. 2024 was 4.35.
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.
Kritika Wires's Inventory-to-Revenue for the
six
months ended in Mar. 2024 was 0.21.
Kritika Wires Days Inventory Historical Data
The historical data trend for Kritika Wires'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.
Competitive Comparison of Kritika Wires's Days Inventory
For the Steel subindustry, Kritika Wires'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.
Kritika Wires's Days Inventory Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Kritika Wires's Days Inventory distribution charts can be found below:
* The bar in red indicates where Kritika Wires's Days Inventory falls into.
Kritika Wires Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Kritika Wires'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.
Kritika Wires (NSE:KRITIKA) 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.
Kritika Wires's Inventory Turnover for the
six
months ended in Mar. 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.
Kritika Wires's Inventory to Revenue for the
six
months 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.
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.
Kritika Wires Days Inventory Related Terms
Thank you for viewing the detailed overview of Kritika Wires's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Plot-BG-12, Bus Terminus and Commercial Complex, Unit no. 201, 2nd Floor, AA-I, New Town Pride Hotel Building, Opposite to NOVOTEL, Kolkata, WB, IND, 700156
Kritika Wires Ltd is engaged in the manufacturing of galvanized steel wires and wire products. The company is focused on exporting and supplying Industrial Steel. The company's products are used for the transmission and distribution of electricity, and the manufacturing of concrete slippers, poles, bridges, and other infrastructure facilities. The products of the company include Mild Steel Wire, GI Stay Wire, Spring Steel Wire, Barbed Wire, and others.
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