Kalahridhaan Trendz (NSE:KTL) Days Inventory: 122.60 (As of Sep. 2023)


NSE:KTL Kalahridhaan Trendz Ltd NSE:KTL
10 GF Score
Price ₹4.85
View Full Analysis

What is Kalahridhaan Trendz Days Inventory?

Kalahridhaan Trendz NSE:KTL 10 Days Inventory is 122.60 as of Sep. 2023. GuruFocus rates NSE:KTL with a GF Score™ of 10/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Kalahridhaan Trendz's Average Total Inventories for the six months ended in Sep. 2023 was ₹490.6 Mil. Kalahridhaan Trendz's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹730.3 Mil. Hence, Kalahridhaan Trendz's Days Inventory for the six months ended in Sep. 2023 was 122.60.

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

NSE:KTL's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 132.61
* Ranked among companies with meaningful Days Inventory only.

Kalahridhaan Trendz's Days Inventory increased from Mar. 2022 (0.00) to Sep. 2023 (122.60). It might indicate that Kalahridhaan Trendz's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kalahridhaan Trendz's Inventory Turnover for the six months ended in Sep. 2023 was 1.49.

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. Kalahridhaan Trendz's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.58.

Kalahridhaan Trendz  (NSE:KTL) 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.

Kalahridhaan Trendz's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=730.296 / 490.616
=1.49

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.

Kalahridhaan Trendz's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=490.616 / 842.713
=0.58

* 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.

Kalahridhaan Trendz Days Inventory Related Terms

Kalahridhaan Trendz Days Inventory Historical Data

* Premium members only.

The historical data trend for Kalahridhaan Trendz'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.

Kalahridhaan Trendz Days Inventory Chart

Kalahridhaan Trendz Annual Data
Trend Mar21 Mar22 Mar23
Days Inventory
103.41 91.57 107.99

Kalahridhaan Trendz Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Days Inventory 0.00 0.00 0.00 122.60

Kalahridhaan Trendz Days Inventory Competitor Comparison

For the Textile Manufacturing subindustry, Kalahridhaan Trendz'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.

Kalahridhaan Trendz Days Inventory vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Kalahridhaan Trendz's Days Inventory falls into.


NSE:KTL
10GF Score
Kalahridhaan Trendz Ltd NSE:KTL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kalahridhaan Trendz Days Inventory Calculation

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

Kalahridhaan Trendz's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (522.349 + 478.44) / 2 ) / 1691.291*365
=500.3945 / 1691.291*365
=107.99

Kalahridhaan Trendz's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (478.44 + 502.792) / 2 ) / 730.296*365 / 2
=490.616 / 730.296*365 / 2
=122.60

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 122.60 mean?
Kalahridhaan Trendz (NSE:KTL) has a Days Inventory of 122.60 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Kalahridhaan Trendz and its competitors.
Is Kalahridhaan Trendz's Days Inventory too high?
Kalahridhaan Trendz's current Days Inventory is 122.60. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.61. Kalahridhaan Trendz's value of 122.60 is 7.5% below this industry median. Overall, Kalahridhaan Trendz has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Kalahridhaan Trendz's Days Inventory compare to competitors?
Kalahridhaan Trendz's Days Inventory of 122.60 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Inventory is 132.61. Kalahridhaan Trendz's value of 122.60 is 7.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.61, based on 1,002 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kalahridhaan Trendz's current Days Inventory of 122.60 is 7.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Kalahridhaan Trendz and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalahridhaan Trendz's current Days Inventory is 122.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalahridhaan Trendz stock overvalued right now?
Kalahridhaan Trendz (NSE:KTL) has a current Days Inventory of 122.60. The current Days Inventory is 122.60 and 7.5% below the Manufacturing - Apparel & Accessories industry median of 132.61. Kalahridhaan Trendz's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Kalahridhaan Trendz (NSE:KTL), the current Days Inventory is 122.60 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kalahridhaan Trendz Business Description

Address Near Narol Cross Road, 57, Ashra Industrial Estate, Behind Mahalaxmi Fabrics, Narol, Ahmedabad, GJ, IND, 382405
Kalahridhaan Trendz Ltd is engaged mainly in the business of manufacturing and trading of Fabric with embroidery works, Trading of grey cloths, purchase of grey cloth and printing and dyeing for preparing suiting, shirting and dress materials for sale in the B2B market only. It is preparing the suiting, shirting & dress material products and focuses on the wholesale market. It is the first stage wholesalers, that directly supply the material to the wholesalers.
10GF Score

Get the complete analysis for NSE:KTL

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹4.85
Price