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Golden Carpets (BOM:531928) Days Inventory : 4,654.08 (As of Dec. 2023)


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What is Golden Carpets Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Golden Carpets's Average Total Inventories for the three months ended in Dec. 2023 was ₹27.85 Mil. Golden Carpets's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.55 Mil. Hence, Golden Carpets's Days Inventory for the three months ended in Dec. 2023 was 4,654.08.

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

BOM:531928' s Days Inventory Range Over the Past 10 Years
Min: 2571.43   Med: 3321.5   Max: 5779.4
Current: 4151.24

During the past 13 years, Golden Carpets's highest Days Inventory was 5779.40. The lowest was 2571.43. And the median was 3321.50.

BOM:531928's Days Inventory is ranked worse than
99.31% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.41 vs BOM:531928: 4151.24

Golden Carpets's Days Inventory increased from Dec. 2022 (2,877.63) to Dec. 2023 (4,654.08). It might indicate that Golden Carpets's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Golden Carpets's Inventory Turnover for the three months ended in Dec. 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. Golden Carpets's Inventory-to-Revenue for the three months ended in Dec. 2023 was 13.66.


Golden Carpets Days Inventory Historical Data

The historical data trend for Golden Carpets'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.

Golden Carpets Days Inventory Chart

Golden Carpets 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 3,295.06 2,571.43 3,131.63 4,235.98 4,568.39

Golden Carpets 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 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 2,877.63 3,888.61 3,579.41 4,292.45 4,654.08

Competitive Comparison of Golden Carpets's Days Inventory

For the Textile Manufacturing subindustry, Golden Carpets'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.


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

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

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



Golden Carpets Days Inventory Calculation

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

Golden Carpets'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
=( (28.293 + 29.106) / 2 ) / 2.293*365
=28.6995 / 2.293*365
=4,568.39

Golden Carpets'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
=( (27.848 + 0) / 1 ) / 0.546*365 / 4
=27.848 / 0.546*365 / 4
=4,654.08

* 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.


Golden Carpets  (BOM:531928) 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.

Golden Carpets'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.

Golden Carpets'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.


Golden Carpets Days Inventory Related Terms

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


Golden Carpets (BOM:531928) Business Description

Traded in Other Exchanges
N/A
Address
8-2-596/5/B/1/A, Road No. 10, First Floor, Banjara Hills, Hyderabad, TG, IND, 500035
Golden Carpets Ltd is a manufacturer of carpets produced with heat set polypropylene yarn that is imported from Turkey. The company provides carpeting solutions for hotels, multiplexes, corporate offices with wall to wall carpets that are made as per client needs. Its product portfolio includes wall to wall carpets; and area rugs.

Golden Carpets (BOM:531928) Headlines

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