Days Inventory is also known as Days Sales of Inventory (DSI). Lux Industries's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹7,568 Mil. Lux Industries's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹2,960 Mil.
Hence, Lux Industries's Days Inventory for the
three
months ended in Dec. 2023 was 233.31.
The historical rank and industry rank for Lux Industries's Days Inventory or its related term are showing as below:
NSE:LUXIND'
s Days Inventory Range Over the Past 10 Years
Min: 143.32 Med: 197.02 Max: 270.45
Current: 229.06
During the past 9 years, Lux Industries's highest Days Inventory was 270.45. The lowest was 143.32. And the median was 197.02.
NSE:LUXIND's Days Inventory is ranked worse than 78.73% of 1011
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.68
vs NSE:LUXIND: 229.06
Lux Industries's Days Inventory
declined
from Dec. 2022 (240.92) to Dec. 2023 (233.31).
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.
Lux Industries's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.39.
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.
Lux Industries's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.70.
Lux Industries Days Inventory Historical Data
The historical data trend for Lux 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.
Competitive Comparison of Lux Industries's Days Inventory
For the Apparel Manufacturing subindustry, Lux 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.
Lux Industries's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lux Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where Lux Industries's Days Inventory falls into.
Lux Industries Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lux Industries's Days Inventory for the fiscal year that ended in Mar. 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.
Lux Industries (NSE:LUXIND) 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.
Lux Industries'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.
Lux Industries'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.
Lux Industries Days Inventory Related Terms
Thank you for viewing the detailed overview of Lux Industries's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Lux Industries Ltd is an Indian company which is engaged in manufacturing and sales of knitwear for men, women, and children. The company's products include briefs, trunks, drawers, vests, Bermudas, t-shirts, socks, leggings, bloomer, panties, slacks and slips and winter wear. It markets its products under the brand name Lux Cozi, Lux Cozi Bigshot, Lux Venus, Lux Classic, Lux Inferno, Lux Cottswool and others. The company has one primary segment which is manufacturing and the sale of Knitwear's. Geographically, it derives a majority of its revenue from India.
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