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Britannia Industries (BOM:500825) Days Inventory : 48.07 (As of Mar. 2024)


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What is Britannia Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Britannia Industries's Average Total Inventories for the three months ended in Mar. 2024 was ₹11,812 Mil. Britannia Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹22,425 Mil. Hence, Britannia Industries's Days Inventory for the three months ended in Mar. 2024 was 48.07.

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

BOM:500825' s Days Inventory Range Over the Past 10 Years
Min: 30.64   Med: 39.77   Max: 51.58
Current: 51.58

During the past 13 years, Britannia Industries's highest Days Inventory was 51.58. The lowest was 30.64. And the median was 39.77.

BOM:500825's Days Inventory is ranked better than
74.41% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.33 vs BOM:500825: 51.58

Britannia Industries's Days Inventory declined from Mar. 2023 (49.14) to Mar. 2024 (48.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Britannia Industries's Inventory Turnover for the three months ended in Mar. 2024 was 1.90.

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. Britannia Industries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.29.


Britannia Industries Days Inventory Historical Data

The historical data trend for Britannia Industries'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.

Britannia Industries Days Inventory Chart

Britannia Industries 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 39.88 43.63 50.99 48.73 45.65

Britannia Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.14 46.76 59.44 62.99 48.07

Competitive Comparison of Britannia Industries's Days Inventory

For the Packaged Foods subindustry, Britannia Industries'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.


Britannia Industries's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Britannia Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Britannia Industries's Days Inventory falls into.



Britannia Industries Days Inventory Calculation

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

Britannia Industries'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
=( (11932.6 + 11812.2) / 2 ) / 94920.3*365
=11872.4 / 94920.3*365
=45.65

Britannia Industries'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 + 11812.2) / 1 ) / 22425.1*365 / 4
=11812.2 / 22425.1*365 / 4
=48.07

* 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.


Britannia Industries  (BOM:500825) 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.

Britannia Industries'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.

Britannia Industries'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.


Britannia Industries Days Inventory Related Terms

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


Britannia Industries (BOM:500825) Business Description

Traded in Other Exchanges
Address
Whitefield Main Road, The Business Precinct, Tower C, 16th & 17th Floor, Prestige Shantiniketan, Mahadevapura Post, Bengaluru, KA, IND, 560048
Britannia Industries Ltd is an Indian packaged-food company. Its main product categories are: biscuits, breads, dairy, cakes, and rusks. The biscuits product line offers sweet biscuits under the GoodDay brand, crackers under the 5050 brands, nutritional and digestive biscuits under the NutriChoice brand, and other products. The bread products segment offers whole-wheat breads, white sandwich breads, and bread assortments. The dairy product line sells cheese, milk, and yogurt under the Britannia brand. The cake segment offers bar cakes, muffins, and many more.

Britannia Industries (BOM:500825) Headlines

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