CLC Industries (BOM:521082) Days Inventory : 22,647.50 (As of Mar. 2023)

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What is CLC Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CLC Industries's Average Total Inventories for the six months ended in Mar. 2023 was ₹46.60 Mil. CLC Industries's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹0.75 Mil. Hence, CLC Industries's Days Inventory for the six months ended in Mar. 2023 was 11,323.75.

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

BOM:521082' s Days Inventory Range Over the Past 10 Years
Min: 25.45 Med: 53.39 Max: 30224.85
Current: 22647.5

During the past 13 years, CLC Industries's highest Days Inventory was 30224.85. The lowest was 25.45. And the median was 53.39.

BOM:521082's Days Inventory is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 130.685 vs BOM:521082: 22647.50

CLC Industries's Days Inventory increased from Mar. 2019 (25.45) to Mar. 2023 (22,647.50). It might indicate that CLC Industries'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. CLC Industries's Inventory Turnover for the six months ended in Mar. 2023 was 0.02.

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.

CLC Industries Days Inventory Historical Data

The historical data trend for CLC 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.

CLC Industries Days Inventory Chart

CLC Industries Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar22

Mar23

Days Inventory

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27.24

35.15

25.45

30,224.85

22,647.50

CLC Industries Semi-Annual Data
	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar22	Mar23
Days Inventory	Get a 7-Day Free Trial										27.24	35.15	25.45	30,224.85	22,647.50

Competitive Comparison of CLC Industries's Days Inventory

For the Textile Manufacturing subindustry, CLC 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.

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

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

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

CLC Industries Days Inventory Calculation

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

CLC Industries'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
=	( (46.598	+	46.598)	/	2 )	/	0.751	*	365
=	46.598					/	0.751	*	365
=	22,647.50

CLC Industries'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
=	( (46.598	+	46.598)	/	2 )	/	0.751	*	365 / 2
=	46.598					/	0.751	*	365 / 2
=	11,323.75

CLC Industries (BOM:521082) 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.

CLC Industries's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.751	/	46.598
	=	0.02

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.

CLC Industries's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	46.598	/	0
	=

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.

CLC Industries Days Inventory Related Terms

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

CLC Industries (BOM:521082) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » CLC Industries Ltd (BOM:521082) » Definitions » Days Inventory

Traded in Other Exchanges

SPENTEX:India

Address

A-60, Okhla Industrial Area, Phase - II, New Delhi, IND, 110020

Website

https://www.spentex.net

CLC Industries Ltd is a textile company based in India. It manufactures cotton yarn, synthetic yarn cotton, and blended yarn. The products of the company include hosiery yarn, weaving yarn, carpet yarn, sewing thread, flat knitting, and industrial yarn. The business segments of the company are Textile Manufacturing, Textile Trading, and Other Trading. The majority of the revenue is generated from the textile manufacturing segment of the company. The company operates in India and internationally and derives its key revenue from India.

CLC Industries (BOM:521082) Headlines

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