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Lloyds Enterprises (BOM:512463) Days Inventory : 66.11 (As of Mar. 2024)


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What is Lloyds Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lloyds Enterprises's Average Total Inventories for the three months ended in Mar. 2024 was ₹2,192 Mil. Lloyds Enterprises's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,025 Mil. Hence, Lloyds Enterprises's Days Inventory for the three months ended in Mar. 2024 was 66.11.

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

BOM:512463' s Days Inventory Range Over the Past 10 Years
Min: 75.02   Med: 100.6   Max: 1162.9
Current: 78.1

During the past 13 years, Lloyds Enterprises's highest Days Inventory was 1162.90. The lowest was 75.02. And the median was 100.60.

BOM:512463's Days Inventory is ranked better than
57.07% of 573 companies
in the Steel industry
Industry Median: 85.95 vs BOM:512463: 78.10

Lloyds Enterprises's Days Inventory increased from Mar. 2023 (51.29) to Mar. 2024 (66.11). It might indicate that Lloyds Enterprises's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lloyds Enterprises's Inventory Turnover for the three months ended in Mar. 2024 was 1.38.

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. Lloyds Enterprises's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.66.


Lloyds Enterprises Days Inventory Historical Data

The historical data trend for Lloyds Enterprises'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.

Lloyds Enterprises Days Inventory Chart

Lloyds Enterprises 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 - - 1,162.90 100.60 75.02

Lloyds Enterprises 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 51.29 84.12 149.37 62.88 66.11

Competitive Comparison of Lloyds Enterprises's Days Inventory

For the Steel subindustry, Lloyds Enterprises'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.


Lloyds Enterprises's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lloyds Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lloyds Enterprises's Days Inventory falls into.



Lloyds Enterprises Days Inventory Calculation

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

Lloyds Enterprises'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
=( (1220.501 + 2191.798) / 2 ) / 8301.001*365
=1706.1495 / 8301.001*365
=75.02

Lloyds Enterprises'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 + 2191.798) / 1 ) / 3025.426*365 / 4
=2191.798 / 3025.426*365 / 4
=66.11

* 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.


Lloyds Enterprises  (BOM:512463) 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.

Lloyds Enterprises'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.

Lloyds Enterprises'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.


Lloyds Enterprises Days Inventory Related Terms

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


Lloyds Enterprises (BOM:512463) Business Description

Traded in Other Exchanges
N/A
Address
Pandurang Budhkar Marg, A2, 2nd Floor, Madhu Estate, Lower Parel, Mumbai, MH, IND, 400013
Lloyds Enterprises Ltd Formerly Shree Global Tradefin Ltd is engaged in the trading of iron and steel. The Business of the Company includes carrying on the business of importers, exporters, and dealers in iron and steel, alloy steel scrap, steel tubes, pipes, and wires. Geographically, the company operates only in India.

Lloyds Enterprises (BOM:512463) Headlines

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