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DOMS Industries (BOM:544045) Days Inventory : 74.46 (As of Sep. 2023)


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What is DOMS Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DOMS Industries's Average Total Inventories for the six months ended in Sep. 2023 was ₹1,916 Mil. DOMS Industries's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹4,697 Mil. Hence, DOMS Industries's Days Inventory for the six months ended in Sep. 2023 was 74.46.

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

BOM:544045' s Days Inventory Range Over the Past 10 Years
Min: 80.24   Med: 115.4   Max: 174.38
Current: 148.92

During the past 3 years, DOMS Industries's highest Days Inventory was 174.38. The lowest was 80.24. And the median was 115.40.

BOM:544045's Days Inventory is ranked worse than
61.89% of 2910 companies
in the Industrial Products industry
Industry Median: 120.125 vs BOM:544045: 148.92

DOMS Industries's Days Inventory increased from Mar. 2022 (0.00) to Sep. 2023 (74.46). It might indicate that DOMS 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. DOMS Industries's Inventory Turnover for the six months ended in Sep. 2023 was 2.45.

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. DOMS Industries's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.25.

DOMS Industries Days Inventory Historical Data

The historical data trend for DOMS 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.

DOMS Industries Days Inventory Chart

DOMS Industries Annual Data
Trend Mar21 Mar22 Mar23
Days Inventory
174.38 115.40 80.24

DOMS Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Days Inventory - - - 74.46

Competitive Comparison of DOMS Industries's Days Inventory

For the Business Equipment & Supplies subindustry, DOMS 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.

DOMS Industries's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, DOMS Industries's Days Inventory distribution charts can be found below:

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


DOMS Industries Days Inventory Calculation

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

DOMS 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
=( (1591.92 + 1846.42) / 2 ) / 7820.7*365
=1719.17 / 7820.7*365
=80.24

DOMS Industries'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
=( (1846.42 + 1986.4) / 2 ) / 4697.15*365 / 2
=1916.41 / 4697.15*365 / 2
=74.46

* 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.

DOMS Industries  (BOM:544045) 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.

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=4697.15 / 1916.41
=2.45

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=1916.41 / 7603.09
=0.25

* 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.

DOMS Industries Days Inventory Related Terms

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

DOMS Industries (BOM:544045) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DOMS Industries Ltd (BOM:544045) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
DOMS:India
Address
Plot No. 117, 52 Hector Expansion Area, G.I.D.C., District Valsad, Umbergaon, GJ, IND, 396171
Website
https://www.domsindia.com
DOMS Industries Ltd is engaged in the manufacturing of stationery and art material products in India. It designs, develops, manufactures, and sells products, primarily under DOMS brand. Its products are classified across seven categories: (i) scholastic stationery; (ii) scholastic art material; (iii) paper stationery; (iv) kits and combos; (v) office supplies; (vi) hobby and craft; and (vii) fine art products.

DOMS Industries (BOM:544045) Headlines

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