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Welspun Living (BOM:514162) Days Inventory : 137.05 (As of Mar. 2024)


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What is Welspun Living Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Welspun Living's Average Total Inventories for the three months ended in Mar. 2024 was ₹20,718 Mil. Welspun Living's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹13,794 Mil. Hence, Welspun Living's Days Inventory for the three months ended in Mar. 2024 was 137.05.

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

BOM:514162' s Days Inventory Range Over the Past 10 Years
Min: 122.16   Med: 137.7   Max: 187.84
Current: 187.84

During the past 13 years, Welspun Living's highest Days Inventory was 187.84. The lowest was 122.16. And the median was 137.70.

BOM:514162's Days Inventory is ranked worse than
68.43% of 1001 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 131.33 vs BOM:514162: 187.84

Welspun Living's Days Inventory declined from Dec. 2022 (181.01) to Mar. 2024 (137.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. Welspun Living's Inventory Turnover for the three months ended in Mar. 2024 was 0.67.

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. Welspun Living's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.80.


Welspun Living Days Inventory Historical Data

The historical data trend for Welspun Living'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.

Welspun Living Days Inventory Chart

Welspun Living 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 142.88 150.56 122.16 159.60 144.35

Welspun Living Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 181.01 152.71 137.03 152.89 137.05

Competitive Comparison of Welspun Living's Days Inventory

For the Textile Manufacturing subindustry, Welspun Living'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.


Welspun Living's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Welspun Living's Days Inventory falls into.



Welspun Living Days Inventory Calculation

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

Welspun Living'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
=( (19698.3 + 20717.9) / 2 ) / 51098.8*365
=20208.1 / 51098.8*365
=144.35

Welspun Living'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 + 20717.9) / 1 ) / 13794.4*365 / 4
=20717.9 / 13794.4*365 / 4
=137.05

* 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.


Welspun Living  (BOM:514162) 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.

Welspun Living'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.

Welspun Living'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.


Welspun Living Days Inventory Related Terms

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


Welspun Living (BOM:514162) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, Welspun House, 6th Floor, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013
Welspun Living Ltd Formerly Welspun India Ltd is an India-based company that makes and sells home textiles. The company's products consist of towels, bath robes, bath rugs and mats, area rugs, carpets, bed sheets, utility bedding, and fashion bedding. The company owns several brands, including Christy, Spaces, Welhome, and Others. The company has a worldwide distribution network, with the United States, the United Kingdom, and Europe being the major markets. The company also has presence in emerging markets, like India, the Middle East, and China.

Welspun Living (BOM:514162) Headlines

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