Libas Consumer Products (NSE:LIBAS) Days Inventory: 177.58 (As of Sep. 2024)


NSE:LIBAS Libas Consumer Products Ltd NSE:LIBAS
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What is Libas Consumer Products Days Inventory?

Libas Consumer Products NSE:LIBAS -0.85% 4 Days Inventory is 177.58 as of Sep. 2024. GuruFocus rates NSE:LIBAS with a GF Score™ of 4/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Libas Consumer Products's Average Total Inventories for the three months ended in Sep. 2024 was ₹297.4 Mil. Libas Consumer Products's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹152.8 Mil. Hence, Libas Consumer Products's Days Inventory for the three months ended in Sep. 2024 was 177.58.

The historical rank and industry rank for Libas Consumer Products's Days Inventory or its related term are showing as below:

NSE:LIBAS's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 133.22
* Ranked among companies with meaningful Days Inventory only.

Libas Consumer Products's Days Inventory declined from Sep. 2023 (238.74) to Sep. 2024 (177.58).

Inventory Turnover measures how fast the company turns over its inventory within a year. Libas Consumer Products's Inventory Turnover for the three months ended in Sep. 2024 was 0.51.

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. Libas Consumer Products's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.46.


Libas Consumer Products  (NSE:LIBAS) 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.

Libas Consumer Products'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.

Libas Consumer Products'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.


Libas Consumer Products Days Inventory Related Terms


Libas Consumer Products Days Inventory Historical Data

* Premium members only.

The historical data trend for Libas Consumer Products'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.

Libas Consumer Products Days Inventory Chart

Libas Consumer Products 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 173.86 200.53 145.46 189.40 166.52

Libas Consumer Products 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 238.74 195.54 109.64 171.12 177.58

NSE:LIBAS vs RL, LEVI, VFC: Days Inventory Comparison

For the Apparel Manufacturing subindustry, Libas Consumer Products'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.


Libas Consumer Products Days Inventory vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Libas Consumer Products's Days Inventory falls into.


NSE:LIBAS
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Libas Consumer Products Ltd NSE:LIBAS
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Libas Consumer Products Days Inventory Calculation

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

Libas Consumer Products'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
=( (346.854 + 275.792) / 2 ) / 682.388*365
=311.323 / 682.388*365
=166.52

Libas Consumer Products'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 + 297.4) / 1 ) / 152.817*365 / 4
=297.4 / 152.817*365 / 4
=177.58

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 177.58 mean?
Libas Consumer Products (NSE:LIBAS) has a Days Inventory of 177.58 as of Sep. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Libas Consumer Products and its competitors.
Is Libas Consumer Products' Days Inventory too high?
Libas Consumer Products' current Days Inventory is 177.58. The Manufacturing - Apparel & Accessories industry median Days Inventory is 133.22. Libas Consumer Products' value of 177.58 is 33.3% above this industry median. Overall, Libas Consumer Products has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Libas Consumer Products' Days Inventory compare to RL and LEVI?
Libas Consumer Products' Days Inventory of 177.58 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Inventory is 133.22. Libas Consumer Products' value of 177.58 is 33.3% above 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 133.22, based on 1,008 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. Libas Consumer Products's current Days Inventory of 177.58 is 33.3% above 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 Libas Consumer Products and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 133.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Libas Consumer Products's current Days Inventory is 177.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Libas Consumer Products stock overvalued right now?
Libas Consumer Products (NSE:LIBAS) has a current Days Inventory of 177.58. The current Days Inventory is 177.58 and 33.3% above the Manufacturing - Apparel & Accessories industry median of 133.22. Libas Consumer Products' overall GF Score™ is 4/100. 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 Libas Consumer Products (NSE:LIBAS), the current Days Inventory is 177.58 as of Sep. 2024. 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.

Libas Consumer Products Business Description

Address Off New Link Road, Lokhanwala Complex, 401, 4th Floor, Crescent Royale, Andheri (West), Mumbai, MH, IND, 400053
Libas Consumer Products Ltd is an Indian firm engaged in the business of manufacturing apparel. The company offers clothing for men and women which includes shirts, trousers, blazers, jackets, suits, sarees, among others. The business operates in a single segment being manufacturing and dealing in textiles. It derives revenue from the domestic sale of goods.
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