Vivaa Tradecom (BOM:544002) Days Inventory : 72.82 (As of Mar. 2023)

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What is Vivaa Tradecom Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vivaa Tradecom's Average Total Inventories for the six months ended in Mar. 2023 was ₹191 Mil. Vivaa Tradecom's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹479 Mil. Hence, Vivaa Tradecom's Days Inventory for the six months ended in Mar. 2023 was 72.82.

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

BOM:544002' s Days Inventory Range Over the Past 10 Years
Min: 31.6 Med: 54.61 Max: 98.04
Current: 54.11

During the past 4 years, Vivaa Tradecom's highest Days Inventory was 98.04. The lowest was 31.60. And the median was 54.61.

BOM:544002's Days Inventory is ranked better than
84.13% of 1008 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 131.54 vs BOM:544002: 54.11

Vivaa Tradecom's Days Inventory increased from Mar. 2022 (0.00) to Mar. 2023 (72.82). It might indicate that Vivaa Tradecom's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vivaa Tradecom's Inventory Turnover for the six months ended in Mar. 2023 was 2.51.

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. Vivaa Tradecom's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.39.

Vivaa Tradecom Days Inventory Historical Data

The historical data trend for Vivaa Tradecom'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.

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Vivaa Tradecom Days Inventory Chart

Vivaa Tradecom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

98.04

54.71

31.60

54.50

Vivaa Tradecom Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23
Days Inventory	-	-	-	43.19	72.82

Competitive Comparison of Vivaa Tradecom's Days Inventory

For the Apparel Manufacturing subindustry, Vivaa Tradecom'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.

Vivaa Tradecom's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Vivaa Tradecom's Days Inventory falls into.

Vivaa Tradecom Days Inventory Calculation

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

Vivaa Tradecom'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
=	( (206.398	+	188.937)	/	2 )	/	1323.783	*	365
=	197.6675					/	1323.783	*	365
=	54.50

Vivaa Tradecom'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
=	( (193.379	+	188.937)	/	2 )	/	479.089	*	365 / 2
=	191.158					/	479.089	*	365 / 2
=	72.82

Vivaa Tradecom (BOM:544002) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	479.089	/	191.158
	=	2.51

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	191.158	/	484.972
	=	0.39

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.

Vivaa Tradecom Days Inventory Related Terms

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

Vivaa Tradecom (BOM:544002) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vivaa Tradecom Ltd (BOM:544002) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

17, Pirana Piplaj Road, Saijpur (Gopalpur), Piplej, Ahmedabad, GJ, IND, 382405

Website

https://www.vivaatrade.com

Vivaa Tradecom Ltd is engaged in the trading of clothes and Garments. Its product range of denim jeans for men and women bears the hallmark of its distinctive sourcing and lean manufacturing via engagement with a string of valued and dependable supply chain partners.

Vivaa Tradecom (BOM:544002) Headlines

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