GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » LT Foods Ltd (BOM:532783) » Definitions » Days Inventory

LT Foods (BOM:532783) Days Inventory : 227.53 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is LT Foods Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LT Foods's Average Total Inventories for the three months ended in Mar. 2024 was ₹34,981 Mil. LT Foods's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹14,029 Mil. Hence, LT Foods's Days Inventory for the three months ended in Mar. 2024 was 227.53.

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

BOM:532783' s Days Inventory Range Over the Past 10 Years
Min: 205.14   Med: 224.63   Max: 238.45
Current: 205.14

During the past 13 years, LT Foods's highest Days Inventory was 238.45. The lowest was 205.14. And the median was 224.63.

BOM:532783's Days Inventory is ranked worse than
87.34% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs BOM:532783: 205.14

LT Foods's Days Inventory declined from Mar. 2023 (228.59) to Mar. 2024 (227.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. LT Foods's Inventory Turnover for the three months ended in Mar. 2024 was 0.40.

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. LT Foods's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.69.


LT Foods Days Inventory Historical Data

The historical data trend for LT Foods'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.

LT Foods Days Inventory Chart

LT Foods 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 221.50 226.36 228.83 216.26 227.19

LT Foods 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 228.59 236.68 154.33 161.76 227.53

Competitive Comparison of LT Foods's Days Inventory

For the Packaged Foods subindustry, LT Foods'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.


LT Foods's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, LT Foods's Days Inventory distribution charts can be found below:

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



LT Foods Days Inventory Calculation

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

LT Foods'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
=( (30723.884 + 34981.261) / 2 ) / 52781.127*365
=32852.5725 / 52781.127*365
=227.19

LT Foods'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 + 34981.261) / 1 ) / 14029.057*365 / 4
=34981.261 / 14029.057*365 / 4
=227.53

* 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.


LT Foods  (BOM:532783) 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.

LT Foods'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.

LT Foods's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=34981.261 / 20748.134
=1.69

* 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.


LT Foods Days Inventory Related Terms

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


LT Foods (BOM:532783) Business Description

Traded in Other Exchanges
Address
4th Floor, MVL- I Park, Sector- 15, Near 32nd Milestone, Gurugram, HR, IND, 122001
LT Foods Ltd engages in the milling, processing and marketing of branded and non-branded basmati rice and manufacturing of rice food products. Its rice product portfolio comprises Brown rice, White rice, Steamed rice, Parboiled rice, Organic rice, Quick-cooking rice, Value-added rice and Flavored rice in the ready to cook segment. It operates contract farming, procurement, storage, processing, packaging and distribution; and also engages in the research and development of rice and rice food products. The business activity of the group falls within the reportable segment of Manufacture and storage of rice. It has a business presence in India, America, Europe and other countries. The company's brand profile includes Daawat, Royal, Heritage and Devaaya, among others.

LT Foods (BOM:532783) Headlines

No Headlines