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High Street Filatex (BOM:531301) Days Inventory : 17.37 (As of Mar. 2024)


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What is High Street Filatex Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). High Street Filatex's Average Total Inventories for the three months ended in Mar. 2024 was ₹1.91 Mil. High Street Filatex's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹10.01 Mil. Hence, High Street Filatex's Days Inventory for the three months ended in Mar. 2024 was 17.37.

The historical rank and industry rank for High Street Filatex's Days Inventory or its related term are showing as below:

BOM:531301' s Days Inventory Range Over the Past 10 Years
Min: 15.01   Med: 94.58   Max: 418.09
Current: 101.02

During the past 13 years, High Street Filatex's highest Days Inventory was 418.09. The lowest was 15.01. And the median was 94.58.

BOM:531301's Days Inventory is ranked better than
63.9% of 1000 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 132.415 vs BOM:531301: 101.02

High Street Filatex's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (17.37). It might indicate that High Street Filatex'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. High Street Filatex's Inventory Turnover for the three months ended in Mar. 2024 was 5.25.

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. High Street Filatex's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.16.


High Street Filatex Days Inventory Historical Data

The historical data trend for High Street Filatex'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.

High Street Filatex Days Inventory Chart

High Street Filatex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 309.36 - 405.74 - 89.98

High Street Filatex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 169.55 17.37

Competitive Comparison of High Street Filatex's Days Inventory

For the Apparel Manufacturing subindustry, High Street Filatex'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.


High Street Filatex's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where High Street Filatex's Days Inventory falls into.



High Street Filatex Days Inventory Calculation

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

High Street Filatex's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (4.123 + 1.905) / 2 ) / 12.226*365
=3.014 / 12.226*365
=89.98

High Street Filatex's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 1.905) / 1 ) / 10.007*365 / 4
=1.905 / 10.007*365 / 4
=17.37

* 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.


High Street Filatex  (BOM:531301) 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.

High Street Filatex's Inventory Turnover for the three months ended in Mar. 2024 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.

High Street Filatex's Inventory to Revenue for the three months ended in Mar. 2024 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.


High Street Filatex Days Inventory Related Terms

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


High Street Filatex (BOM:531301) Business Description

Traded in Other Exchanges
N/A
Address
22 Godam Industrial Area, B-17, IInd Floor, Jaipur, RJ, IND, 302 006
High Street Filatex Ltd is an India-based company engaged in the manufacturing of socks. Its operation mainly relates to the manufacturing and Trading of Knitted socks, headbands, and wristbands, Trading in yarn, and Trading in commodities. The company caters mainly to the needs of the Indian market. It derives key revenue from the manufacturing and trading of socks.

High Street Filatex (BOM:531301) Headlines

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