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Liberty Shoes (NSE:LIBERTSHOE) Days Inventory : 199.14 (As of Sep. 2024)


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What is Liberty Shoes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Liberty Shoes's Average Total Inventories for the three months ended in Sep. 2024 was ₹1,702 Mil. Liberty Shoes's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹780 Mil. Hence, Liberty Shoes's Days Inventory for the three months ended in Sep. 2024 was 199.14.

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

NSE:LIBERTSHOE' s Days Inventory Range Over the Past 10 Years
Min: 154.16   Med: 177.54   Max: 267.46
Current: 174.51

During the past 13 years, Liberty Shoes's highest Days Inventory was 267.46. The lowest was 154.16. And the median was 177.54.

NSE:LIBERTSHOE's Days Inventory is ranked worse than
65.67% of 1005 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 128.72 vs NSE:LIBERTSHOE: 174.51

Liberty Shoes's Days Inventory increased from Sep. 2023 (188.25) to Sep. 2024 (199.14). It might indicate that Liberty Shoes's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Liberty Shoes's Inventory Turnover for the three months ended in Sep. 2024 was 0.46.

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. Liberty Shoes's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.99.


Liberty Shoes Days Inventory Historical Data

The historical data trend for Liberty Shoes'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.

Liberty Shoes Days Inventory Chart

Liberty Shoes 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 167.36 267.46 228.97 175.25 179.35

Liberty Shoes 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 188.25 223.03 109.00 206.17 199.14

Competitive Comparison of Liberty Shoes's Days Inventory

For the Footwear & Accessories subindustry, Liberty Shoes'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.


Liberty Shoes's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Liberty Shoes's Days Inventory falls into.



Liberty Shoes Days Inventory Calculation

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

Liberty Shoes'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
=( (1942.753 + 1584.113) / 2 ) / 3588.881*365
=1763.433 / 3588.881*365
=179.35

Liberty Shoes'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 + 1702.484) / 1 ) / 780.13*365 / 4
=1702.484 / 780.13*365 / 4
=199.14

* 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.


Liberty Shoes  (NSE:LIBERTSHOE) 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.

Liberty Shoes'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.

Liberty Shoes'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.


Liberty Shoes Days Inventory Related Terms

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


Liberty Shoes Business Description

Traded in Other Exchanges
Address
Liberty Road, Liberty House, P.O. Box No 103, Karnal, HR, IND, 132001
Liberty Shoes Ltd is involved in the footwear industry. The company has only one business segment which is Footwear. It is also engaged in the business of manufacturing and trading footwear and accessories through its retail and wholesale network. The product line of the company consists of Healers, Fortune, Force10, Senorita, Gliders, AHA, Coolers, Prefect, Lear, Senorita, and Footfun.

Liberty Shoes Headlines

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