Metro Brands (BOM:543426) Days Inventory : 252.32 (As of Dec. 2023)

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What is Metro Brands Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Metro Brands's Average Total Inventories for the three months ended in Dec. 2023 was ₹7,049 Mil. Metro Brands's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,549 Mil. Hence, Metro Brands's Days Inventory for the three months ended in Dec. 2023 was 252.32.

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

BOM:543426' s Days Inventory Range Over the Past 10 Years
Min: 218.91 Med: 236.89 Max: 337.12
Current: 240.62

During the past 5 years, Metro Brands's highest Days Inventory was 337.12. The lowest was 218.91. And the median was 236.89.

BOM:543426's Days Inventory is ranked worse than
83.3% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs BOM:543426: 240.62

Metro Brands's Days Inventory increased from Dec. 2022 (214.75) to Dec. 2023 (252.32). It might indicate that Metro Brands's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Metro Brands's Inventory Turnover for the three months ended in Dec. 2023 was 0.36.

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. Metro Brands's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.11.

Metro Brands Days Inventory Historical Data

The historical data trend for Metro Brands'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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Metro Brands Days Inventory Chart

Metro Brands Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

242.53

236.89

337.12

230.24

218.91

Metro Brands Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial											214.75	245.42	247.20	267.93	252.32

Competitive Comparison of Metro Brands's Days Inventory

For the Apparel Retail subindustry, Metro Brands'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.

Metro Brands's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Metro Brands's Days Inventory distribution charts can be found below:

* The bar in red indicates where Metro Brands's Days Inventory falls into.

Metro Brands Days Inventory Calculation

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

Metro Brands'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
=	( (4241.925	+	6457.567)	/	2 )	/	8919.769	*	365
=	5349.746					/	8919.769	*	365
=	218.91

Metro Brands'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
=	( (7048.7	+	0)	/	1 )	/	2549.1	*	365 / 4
=	7048.7					/	2549.1	*	365 / 4
=	252.32

Metro Brands (BOM:543426) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2549.1	/	7048.7
	=	0.36

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7048.7	/	6355
	=	1.11

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.

Metro Brands Days Inventory Related Terms

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

Metro Brands (BOM:543426) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Metro Brands Ltd (BOM:543426) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

METROBRAND:India

Address

Lal Bahadur Shastri Road & CST Road Junction, 401, Zillion, 4th Floor, Kurla (West), Mumbai, MH, IND, 400 070

Website

https://www.metrobrands.com

Metro Brands Ltd is a footwear speciality retailer. It offers a wide range of branded products for the entire family including men, women, unisex and kids, and for every occasion including casual and formal events. The Company's only business being trading of fashion footwear, bags, and accessories operating in the premium and economy category.

Metro Brands (BOM:543426) Headlines

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