Khaitan India (NSE:KHAITANLTD) Days Inventory : 56.34 (As of Dec. 2023)

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What is Khaitan India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Khaitan India's Average Total Inventories for the three months ended in Dec. 2023 was ₹58.7 Mil. Khaitan India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹95.2 Mil. Hence, Khaitan India's Days Inventory for the three months ended in Dec. 2023 was 56.34.

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

NSE:KHAITANLTD' s Days Inventory Range Over the Past 10 Years
Min: 38.05 Med: 80.99 Max: 553.24
Current: 52.21

During the past 13 years, Khaitan India's highest Days Inventory was 553.24. The lowest was 38.05. And the median was 80.99.

NSE:KHAITANLTD's Days Inventory is ranked better than
84.28% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.79 vs NSE:KHAITANLTD: 52.21

Khaitan India's Days Inventory increased from Dec. 2022 (44.57) to Dec. 2023 (56.34). It might indicate that Khaitan India's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Khaitan India's Inventory Turnover for the three months ended in Dec. 2023 was 1.62.

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. Khaitan India's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.43.

Khaitan India Days Inventory Historical Data

The historical data trend for Khaitan India'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.

Khaitan India Days Inventory Chart

Khaitan India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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68.04

70.50

72.96

41.68

38.05

Khaitan India 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															44.57	49.02	56.95	51.07	56.34

Competitive Comparison of Khaitan India's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Khaitan India'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.

Khaitan India's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Khaitan India's Days Inventory falls into.

Khaitan India Days Inventory Calculation

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

Khaitan India'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
=	( (38.327	+	56.899)	/	2 )	/	456.786	*	365
=	47.613					/	456.786	*	365
=	38.05

Khaitan India'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
=	( (58.749	+	0)	/	1 )	/	95.158	*	365 / 4
=	58.749					/	95.158	*	365 / 4
=	56.34

Khaitan India (NSE:KHAITANLTD) 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.

Khaitan India's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	95.158	/	58.749
	=	1.62

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.

Khaitan India's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	58.749	/	137.155
	=	0.43

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.

Khaitan India Days Inventory Related Terms

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

Khaitan India (NSE:KHAITANLTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Khaitan India Ltd (NSE:KHAITANLTD) » Definitions » Days Inventory

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Traded in Other Exchanges

590068:India

Address

46 C, Jawaharlal Nehru Road, Everest House, Kolkata, WB, IND, 700001

Website

http://www.khaitansugar.in

Khaitan India Ltd is an Indian company engaged in the trading of electrical products. Its business operating segments include Electrical Goods, Sugar, and Agriculture. The firm generates maximum revenue from the Electrical Goods segment that markets Fans, Coolers, and Pumps and gets a royalty. Fans contribute to the highest business.

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