Swaraj Suiting (NSE:SWARAJ) Days Inventory : 75.69 (As of Mar. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Swaraj Suiting Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Swaraj Suiting's Average Total Inventories for the six months ended in Mar. 2023 was ₹663 Mil. Swaraj Suiting's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹1,598 Mil. Hence, Swaraj Suiting's Days Inventory for the six months ended in Mar. 2023 was 75.69.

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

NSE:SWARAJ' s Days Inventory Range Over the Past 10 Years
Min: 99.59 Med: 151.71 Max: 291.61
Current: 109.91

During the past 5 years, Swaraj Suiting's highest Days Inventory was 291.61. The lowest was 99.59. And the median was 151.71.

NSE:SWARAJ's Days Inventory is ranked better than
57.86% of 1011 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.14 vs NSE:SWARAJ: 109.91

Swaraj Suiting's Days Inventory declined from Mar. 2022 (130.64) to Mar. 2023 (75.69).

Inventory Turnover measures how fast the company turns over its inventory within a year. Swaraj Suiting's Inventory Turnover for the six months ended in Mar. 2023 was 2.41.

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. Swaraj Suiting's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.38.

Swaraj Suiting Days Inventory Historical Data

The historical data trend for Swaraj Suiting'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.

Swaraj Suiting Days Inventory Chart

Swaraj Suiting Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

151.71

171.15

291.61

102.89

99.59

Swaraj Suiting Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Inventory	Get a 7-Day Free Trial			-	86.45	130.64	423.25	75.69

Competitive Comparison of Swaraj Suiting's Days Inventory

For the Textile Manufacturing subindustry, Swaraj Suiting'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.

Swaraj Suiting's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Swaraj Suiting's Days Inventory distribution charts can be found below:

* The bar in red indicates where Swaraj Suiting's Days Inventory falls into.

Swaraj Suiting Days Inventory Calculation

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

Swaraj Suiting'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
=	( (302.692	+	680.993)	/	2 )	/	1802.571	*	365
=	491.8425					/	1802.571	*	365
=	99.59

Swaraj Suiting's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (644.764	+	680.993)	/	2 )	/	1598.304	*	365 / 2
=	662.8785					/	1598.304	*	365 / 2
=	75.69

Swaraj Suiting (NSE:SWARAJ) 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.

Swaraj Suiting's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1598.304	/	662.8785
	=	2.41

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.

Swaraj Suiting's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	662.8785	/	1744.399
	=	0.38

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.

Swaraj Suiting Days Inventory Related Terms

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

Swaraj Suiting (NSE:SWARAJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Swaraj Suiting Ltd (NSE:SWARAJ) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

RIICO Growth Centre, F-483 To F-487, Hamirgarh, Bhilwara, RJ, IND, 311025

Website

https://www.swarajsuiting.com

Swaraj Suiting Ltd is mainly engaged into the textile industry. It operates under various verticals namely manufacturing of denim, grey fabric, weaving on a Job Work basis, trading of the finished fabric and grey fabric and yarn. The company operates in four states Rajasthan, Gujarat, Madhya Pradesh and Maharashtra. The company generates the majority of its revenue from Finish Fabrics sale.

Swaraj Suiting (NSE:SWARAJ) Headlines

No Headlines