Utssav CZ Gold Jewels (NSE:UTSSAV) Days Inventory : 35.59 (As of Mar. 2023)

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What is Utssav CZ Gold Jewels Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Utssav CZ Gold Jewels's Average Total Inventories for the six months ended in Mar. 2023 was ₹217 Mil. Utssav CZ Gold Jewels's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹2,222 Mil. Hence, Utssav CZ Gold Jewels's Days Inventory for the six months ended in Mar. 2023 was 17.79.

The historical rank and industry rank for Utssav CZ Gold Jewels's Days Inventory or its related term are showing as below:

NSE:UTSSAV' s Days Inventory Range Over the Past 10 Years
Min: 32.15 Med: 35.59 Max: 46.99
Current: 35.59

During the past 3 years, Utssav CZ Gold Jewels's highest Days Inventory was 46.99. The lowest was 32.15. And the median was 35.59.

NSE:UTSSAV's Days Inventory is ranked better than
84.44% of 1067 companies
in the Retail - Cyclical industry
Industry Median: 108.08 vs NSE:UTSSAV: 35.59

Utssav CZ Gold Jewels's Days Inventory increased from Mar. 2021 (32.15) to Mar. 2023 (35.59). It might indicate that Utssav CZ Gold Jewels'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. Utssav CZ Gold Jewels's Inventory Turnover for the six months ended in Mar. 2023 was 10.26.

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. Utssav CZ Gold Jewels's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.09.

Utssav CZ Gold Jewels Days Inventory Historical Data

The historical data trend for Utssav CZ Gold Jewels'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.

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Utssav CZ Gold Jewels Days Inventory Chart

Utssav CZ Gold Jewels Annual Data

Trend

Mar21

Mar22

Mar23

Days Inventory

32.15

46.99

35.59

Utssav CZ Gold Jewels Semi-Annual Data
	Mar21	Mar22	Mar23
Days Inventory	32.15	46.99	35.59

Competitive Comparison of Utssav CZ Gold Jewels's Days Inventory

For the Luxury Goods subindustry, Utssav CZ Gold Jewels'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.

Utssav CZ Gold Jewels's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Utssav CZ Gold Jewels's Days Inventory distribution charts can be found below:

* The bar in red indicates where Utssav CZ Gold Jewels's Days Inventory falls into.

Utssav CZ Gold Jewels Days Inventory Calculation

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

Utssav CZ Gold Jewels'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
=	( (192.819	+	240.431)	/	2 )	/	2221.856	*	365
=	216.625					/	2221.856	*	365
=	35.59

Utssav CZ Gold Jewels's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (192.819	+	240.431)	/	2 )	/	2221.856	*	365 / 2
=	216.625					/	2221.856	*	365 / 2
=	17.79

Utssav CZ Gold Jewels (NSE:UTSSAV) 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.

Utssav CZ Gold Jewels's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2221.856	/	216.625
	=	10.26

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.

Utssav CZ Gold Jewels's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	216.625	/	2381.861
	=	0.09

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.

Utssav CZ Gold Jewels Days Inventory Related Terms

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Utssav CZ Gold Jewels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Utssav CZ Gold Jewels Ltd (NSE:UTSSAV) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mahakali Caves Road, Plot No. 4 and 5, 2nd Floor, Hitech Plaza, Giriraj Industrial Estate, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.utssavjewels.com

Utssav CZ Gold Jewels Ltd is in the business of designing, manufacturing, wholesaling and exporting of 18Karat 20Karat and 22Karat CZ Gold jewellery. The Company specializes in the lightweight production of cubic zirconia (CZ) gold and rose gold casting jewellery. It manufactures and offers a wide collection of products such as Rings, Earrings, Pendants, Bracelets Necklaces, Watches, and Broaches, etc.

Utssav CZ Gold Jewels Headlines

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