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Kovilpatti Lakshmi Roller Flour Mills (BOM:507598) Days Inventory : 89.69 (As of Mar. 2024)


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What is Kovilpatti Lakshmi Roller Flour Mills Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kovilpatti Lakshmi Roller Flour Mills's Average Total Inventories for the three months ended in Mar. 2024 was ₹732 Mil. Kovilpatti Lakshmi Roller Flour Mills's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹745 Mil. Hence, Kovilpatti Lakshmi Roller Flour Mills's Days Inventory for the three months ended in Mar. 2024 was 89.69.

The historical rank and industry rank for Kovilpatti Lakshmi Roller Flour Mills's Days Inventory or its related term are showing as below:

BOM:507598' s Days Inventory Range Over the Past 10 Years
Min: 57.05   Med: 90.03   Max: 131.58
Current: 84.6

During the past 13 years, Kovilpatti Lakshmi Roller Flour Mills's highest Days Inventory was 131.58. The lowest was 57.05. And the median was 90.03.

BOM:507598's Days Inventory is ranked worse than
50.59% of 1783 companies
in the Consumer Packaged Goods industry
Industry Median: 83.69 vs BOM:507598: 84.60

Kovilpatti Lakshmi Roller Flour Mills's Days Inventory increased from Mar. 2023 (55.05) to Mar. 2024 (89.69). It might indicate that Kovilpatti Lakshmi Roller Flour Mills's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kovilpatti Lakshmi Roller Flour Mills's Inventory Turnover for the three months ended in Mar. 2024 was 1.02.

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. Kovilpatti Lakshmi Roller Flour Mills's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.75.


Kovilpatti Lakshmi Roller Flour Mills Days Inventory Historical Data

The historical data trend for Kovilpatti Lakshmi Roller Flour Mills'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.

Kovilpatti Lakshmi Roller Flour Mills Days Inventory Chart

Kovilpatti Lakshmi Roller Flour Mills 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 75.82 83.14 77.93 57.05 71.31

Kovilpatti Lakshmi Roller Flour Mills 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 55.05 75.11 99.04 81.99 89.69

Competitive Comparison of Kovilpatti Lakshmi Roller Flour Mills's Days Inventory

For the Packaged Foods subindustry, Kovilpatti Lakshmi Roller Flour Mills'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.


Kovilpatti Lakshmi Roller Flour Mills's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kovilpatti Lakshmi Roller Flour Mills's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kovilpatti Lakshmi Roller Flour Mills's Days Inventory falls into.



Kovilpatti Lakshmi Roller Flour Mills Days Inventory Calculation

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

Kovilpatti Lakshmi Roller Flour Mills'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
=( (464.449 + 732.49) / 2 ) / 3063.293*365
=598.4695 / 3063.293*365
=71.31

Kovilpatti Lakshmi Roller Flour Mills'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 + 732.49) / 1 ) / 745.191*365 / 4
=732.49 / 745.191*365 / 4
=89.69

* 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.


Kovilpatti Lakshmi Roller Flour Mills  (BOM:507598) 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.

Kovilpatti Lakshmi Roller Flour Mills'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.

Kovilpatti Lakshmi Roller Flour Mills'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.


Kovilpatti Lakshmi Roller Flour Mills Days Inventory Related Terms

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Kovilpatti Lakshmi Roller Flour Mills (BOM:507598) Business Description

Traded in Other Exchanges
N/A
Address
62, Balasundaram Road, 8th Floor, Time Square, Coimbatore, TN, IND, 641018
Kovilpatti Lakshmi Roller Flour Mills Ltd is engaged in the wheat flour milling business in India. The company is engaged in the business of Food Processing and Engineering which is its two operating segments. It operates through Food Processing and Engineering segments. It offers maida, sooji, atta, wheat bran, and other products under the Kuthuvilakku, Kera, and Alamaram brand names. Its distribution network involves wholesale and retail outlets.

Kovilpatti Lakshmi Roller Flour Mills (BOM:507598) Headlines

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