BSL (BOM:514045) Days Inventory : 174.52 (As of Dec. 2023)

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What is BSL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). BSL's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,820 Mil. BSL's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹951 Mil. Hence, BSL's Days Inventory for the three months ended in Dec. 2023 was 174.52.

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

BOM:514045' s Days Inventory Range Over the Past 10 Years
Min: 104 Med: 146.04 Max: 228.34
Current: 146.23

During the past 13 years, BSL's highest Days Inventory was 228.34. The lowest was 104.00. And the median was 146.04.

BOM:514045's Days Inventory is ranked worse than
55.79% of 1011 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.69 vs BOM:514045: 146.23

BSL's Days Inventory declined from Dec. 2022 (334.40) to Dec. 2023 (174.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. BSL's Inventory Turnover for the three months ended in Dec. 2023 was 0.52.

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. BSL's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.06.

BSL Days Inventory Historical Data

The historical data trend for BSL'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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BSL Days Inventory Chart

BSL Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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143.61

184.91

228.34

168.14

201.90

BSL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															334.40	128.60	162.59	158.37	174.52

Competitive Comparison of BSL's Days Inventory

For the Textile Manufacturing subindustry, BSL'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.

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

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

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

BSL Days Inventory Calculation

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

BSL'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
=	( (1414.467	+	1854.348)	/	2 )	/	2954.79	*	365
=	1634.4075					/	2954.79	*	365
=	201.90

BSL'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1819.593	+	0)	/	1 )	/	951.42	*	365 / 4
=	1819.593					/	951.42	*	365 / 4
=	174.52

BSL (BOM:514045) 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.

BSL's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	951.42	/	1819.593
	=	0.52

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.

BSL's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1819.593	/	1710.006
	=	1.06

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.

BSL Days Inventory Related Terms

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

BSL (BOM:514045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » BSL Ltd (BOM:514045) » Definitions » Days Inventory

Traded in Other Exchanges

BSL:India

Address

151, Sharat Bose Road, Mandawa Shikhar, Gandhi Nagar, Kolkata, WB, IND, 700026

Website

https://www.bslltd.com

BSL Ltd is in the business of manufacturing of wool, wool-blended and premium lightweight fabrics, Trevira wool, Poly Viscose, Poly Viscose Lycra and other specialized fabrics blended with Cotton, Linen for formal men's wear and women's wear segment. The company's operation predominantly relates to Textile and Generation of Wind Power.

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