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Shashwat Furnishing Solutions (BOM:543519) Days Inventory : 359.95 (As of Sep. 2023)


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What is Shashwat Furnishing Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shashwat Furnishing Solutions's Average Total Inventories for the six months ended in Sep. 2023 was ₹14.97 Mil. Shashwat Furnishing Solutions's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹7.59 Mil. Hence, Shashwat Furnishing Solutions's Days Inventory for the six months ended in Sep. 2023 was 359.95.

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

BOM:543519' s Days Inventory Range Over the Past 10 Years
Min: 86.85   Med: 117.08   Max: 160.4
Current: 160.4

During the past 3 years, Shashwat Furnishing Solutions's highest Days Inventory was 160.40. The lowest was 86.85. And the median was 117.08.

BOM:543519's Days Inventory is ranked worse than
77.45% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.19 vs BOM:543519: 160.40

Shashwat Furnishing Solutions's Days Inventory increased from Sep. 2022 (88.73) to Sep. 2023 (359.95). It might indicate that Shashwat Furnishing Solutions'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. Shashwat Furnishing Solutions's Inventory Turnover for the six months ended in Sep. 2023 was 0.51.

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. Shashwat Furnishing Solutions's Inventory-to-Revenue for the six months ended in Sep. 2023 was 1.47.

Shashwat Furnishing Solutions Days Inventory Historical Data

The historical data trend for Shashwat Furnishing Solutions'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.

Shashwat Furnishing Solutions Days Inventory Chart

Shashwat Furnishing Solutions Annual Data
Trend Mar21 Mar22 Mar23
Days Inventory
- 147.31 86.85

Shashwat Furnishing Solutions Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial - 85.59 88.73 95.50 359.95

Competitive Comparison of Shashwat Furnishing Solutions's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Shashwat Furnishing Solutions'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.

Shashwat Furnishing Solutions's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Shashwat Furnishing Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shashwat Furnishing Solutions's Days Inventory falls into.


Shashwat Furnishing Solutions Days Inventory Calculation

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

Shashwat Furnishing Solutions'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
=( (3.6 + 13.777) / 2 ) / 36.514*365
=8.6885 / 36.514*365
=86.85

Shashwat Furnishing Solutions's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (13.777 + 16.155) / 2 ) / 7.588*365 / 2
=14.966 / 7.588*365 / 2
=359.95

* 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.

Shashwat Furnishing Solutions  (BOM:543519) 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.

Shashwat Furnishing Solutions's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=7.588 / 14.966
=0.51

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.

Shashwat Furnishing Solutions's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=14.966 / 10.185
=1.47

* 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.

Shashwat Furnishing Solutions Days Inventory Related Terms

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

Shashwat Furnishing Solutions (BOM:543519) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Shashwat Furnishing Solutions Ltd (BOM:543519) » Definitions » Days Inventory
Comparable Companies
BOM:541337 BOM:539223 BOM:526225 BOM:526751 BOM:530973 BOM:505840 BOM:590068 BOM:526193 BOM:539526 SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK MHK
Traded in Other Exchanges
N/A
Address
121, Mahaveer Nagar, Guro Ka Talab,, Jain Colony, Jodhpur, RJ, IND, 342001
Website
https://www.handicraftsvillage.com
Shashwat Furnishing Solutions Ltd is an Indian handicrafts manufacturer and supplier. It is engaged in the processing of semi-finished furniture products into finished products and manufacturing through job work of furniture and handicraft items. It specializes in developing a qualitative range of Industrial Furniture and Restaurant and Cafe Furniture, Garden and Outdoor Furniture Vintage Furniture, Mirror Frames, Wall clocks and various other decoration and handicrafts objects.

Shashwat Furnishing Solutions (BOM:543519) Headlines

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