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Landmark Cars (NSE:LANDMARK) Days Inventory : 74.48 (As of Mar. 2024)


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What is Landmark Cars Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Landmark Cars's Average Total Inventories for the three months ended in Mar. 2024 was ₹5,681 Mil. Landmark Cars's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹6,960 Mil. Hence, Landmark Cars's Days Inventory for the three months ended in Mar. 2024 was 74.48.

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

NSE:LANDMARK' s Days Inventory Range Over the Past 10 Years
Min: 43.29   Med: 44.96   Max: 79.12
Current: 79.12

During the past 5 years, Landmark Cars's highest Days Inventory was 79.12. The lowest was 43.29. And the median was 44.96.

NSE:LANDMARK's Days Inventory is ranked better than
52.02% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 81.84 vs NSE:LANDMARK: 79.12

Landmark Cars's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (74.48). It might indicate that Landmark Cars'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. Landmark Cars's Inventory Turnover for the three months ended in Mar. 2024 was 1.23.

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. Landmark Cars's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.66.


Landmark Cars Days Inventory Historical Data

The historical data trend for Landmark Cars'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.

Landmark Cars Days Inventory Chart

Landmark Cars Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
43.49 57.01 44.96 43.29 78.35

Landmark Cars Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 86.42 67.31 74.48

Competitive Comparison of Landmark Cars's Days Inventory

For the Auto & Truck Dealerships subindustry, Landmark Cars'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.


Landmark Cars's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Landmark Cars's Days Inventory distribution charts can be found below:

* The bar in red indicates where Landmark Cars's Days Inventory falls into.



Landmark Cars Days Inventory Calculation

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

Landmark Cars'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
=( (0 + 5680.8) / 1 ) / 26462.88*365
=5680.8 / 26462.88*365
=78.35

Landmark Cars'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 5680.8) / 1 ) / 6959.6*365 / 4
=5680.8 / 6959.6*365 / 4
=74.48

* 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.


Landmark Cars  (NSE:LANDMARK) 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.

Landmark Cars's Inventory Turnover for the three 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.

Landmark Cars's Inventory to Revenue for the three 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.


Landmark Cars Days Inventory Related Terms

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


Landmark Cars (NSE:LANDMARK) Business Description

Traded in Other Exchanges
Address
G. M. Bhosale Marg, Unit No. 201 to 203, Landmark, 2nd Floor, Worli, Mumbai, MH, IND, 400018
Landmark Cars Ltd has a presence across the automotive retail value chain, including sales of new vehicles, after-sales service, and repairs, sales of pre-owned passenger vehicles, and facilitation of the sales of third-party financial and insurance products. The company is operating in a single segment namely the dealership of cars in India. The company's revenue is generated entirely within India.

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