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Kaira Can Co (BOM:504840) Days Inventory : 84.81 (As of Dec. 2023)


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What is Kaira Can Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kaira Can Co's Average Total Inventories for the three months ended in Dec. 2023 was ₹385 Mil. Kaira Can Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹415 Mil. Hence, Kaira Can Co's Days Inventory for the three months ended in Dec. 2023 was 84.81.

The historical rank and industry rank for Kaira Can Co's Days Inventory or its related term are showing as below:

BOM:504840' s Days Inventory Range Over the Past 10 Years
Min: 81.31   Med: 107.89   Max: 130.05
Current: 81.31

During the past 13 years, Kaira Can Co's highest Days Inventory was 130.05. The lowest was 81.31. And the median was 107.89.

BOM:504840's Days Inventory is ranked worse than
54.62% of 368 companies
in the Packaging & Containers industry
Industry Median: 77.68 vs BOM:504840: 81.31

Kaira Can Co's Days Inventory declined from Dec. 2022 (99.05) to Dec. 2023 (84.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kaira Can Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.08.

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. Kaira Can Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.75.


Kaira Can Co Days Inventory Historical Data

The historical data trend for Kaira Can Co'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.

Kaira Can Co Days Inventory Chart

Kaira Can Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.38 130.05 125.77 93.64 83.09

Kaira Can Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 99.05 82.37 78.40 81.26 84.81

Competitive Comparison of Kaira Can Co's Days Inventory

For the Packaging & Containers subindustry, Kaira Can Co'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.


Kaira Can Co's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kaira Can Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kaira Can Co's Days Inventory falls into.



Kaira Can Co Days Inventory Calculation

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

Kaira Can Co'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
=( (486.81 + 451.928) / 2 ) / 2061.824*365
=469.369 / 2061.824*365
=83.09

Kaira Can Co'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
=( (385.319 + 0) / 1 ) / 414.559*365 / 4
=385.319 / 414.559*365 / 4
=84.81

* 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.


Kaira Can Co  (BOM:504840) 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.

Kaira Can Co'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.

Kaira Can Co'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.


Kaira Can Co Days Inventory Related Terms

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


Kaira Can Co (BOM:504840) Business Description

Traded in Other Exchanges
N/A
Address
Dr. E. Moses Road, ION House, Mahalaxmi, Mumbai, MH, IND, 400 011
Kaira Can Co Ltd is a manufacturer of metal containers in India. The company's operating segments include Tin Containers and Ice Cream Cones. The Tin Containers segment manufactures Open Top Sanitary Cans, General Line Metal Containers, and Components for Metal Containers. The Ice Cream Cones segment manufactures Rolled Sugar Cones for filling Ice cream. It generates maximum revenue from the Tin Containers segment. Geographically, it derives a majority of its revenue from India. The company products are used in Dairy Products, Processed Foods, Sweets, Printed Sheets and others.

Kaira Can Co (BOM:504840) Headlines

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