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Lakshmi Mills Co (BOM:502958) Days Inventory : 0.00 (As of Dec. 2023)


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What is Lakshmi Mills Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lakshmi Mills Co's Average Total Inventories for the three months ended in Dec. 2023 was ₹0 Mil. Lakshmi Mills Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹400 Mil. Hence, Lakshmi Mills Co's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Lakshmi Mills Co's Days Inventory or its related term are showing as below:

BOM:502958' s Days Inventory Range Over the Past 10 Years
Min: 76.82   Med: 89.55   Max: 153.66
Current: 153.66

During the past 13 years, Lakshmi Mills Co's highest Days Inventory was 153.66. The lowest was 76.82. And the median was 89.55.

BOM:502958's Days Inventory is ranked worse than
58.26% of 1011 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.14 vs BOM:502958: 153.66

Lakshmi Mills Co's Days Inventory declined from Sep. 2022 (110.49) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Lakshmi Mills Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Lakshmi Mills Co Days Inventory Historical Data

The historical data trend for Lakshmi Mills Co'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.

Lakshmi Mills Co Days Inventory Chart

Lakshmi Mills Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.82 92.99 111.20 76.84 122.69

Lakshmi Mills Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 110.49 161.18 136.65 102.78 -

Competitive Comparison of Lakshmi Mills Co's Days Inventory

For the Textile Manufacturing subindustry, Lakshmi Mills Co'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.


Lakshmi Mills Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Lakshmi Mills Co's Days Inventory falls into.



Lakshmi Mills Co Days Inventory Calculation

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

Lakshmi Mills Co'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
=( (555.625 + 481.104) / 2 ) / 1542.167*365
=518.3645 / 1542.167*365
=122.69

Lakshmi Mills Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 399.913*365 / 4
=0 / 399.913*365 / 4
=0.00

* 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.


Lakshmi Mills Co  (BOM:502958) 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.

Lakshmi Mills Co's Inventory Turnover for the three months ended in Dec. 2023 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.

Lakshmi Mills Co's Inventory to Revenue for the three months ended in Dec. 2023 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.


Lakshmi Mills Co Days Inventory Related Terms

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


Lakshmi Mills Co (BOM:502958) Business Description

Traded in Other Exchanges
N/A
Address
686, Avanashi Road, Post Box No. 6301, Pappanaickenpalayam, Coimbatore, TN, IND, 641 037
Lakshmi Mills Co Ltd is engaged in the manufacturing and trading of yarn. The company's operating segment includes Textiles and Rental services. It generates maximum revenue from the Textiles segment. Textiles segment consist of manufacturing and sale of yarn and trading in cloth and garments. It's Rental Services segment consist of letting out of properties. Geographically, it derives a majority of revenue from India.

Lakshmi Mills Co (BOM:502958) Headlines

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