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Tasty Bite Eatables (BOM:519091) Days Inventory : 122.65 (As of Mar. 2024)


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What is Tasty Bite Eatables Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tasty Bite Eatables's Average Total Inventories for the three months ended in Mar. 2024 was ₹903 Mil. Tasty Bite Eatables's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹672 Mil. Hence, Tasty Bite Eatables's Days Inventory for the three months ended in Mar. 2024 was 122.65.

The historical rank and industry rank for Tasty Bite Eatables's Days Inventory or its related term are showing as below:

BOM:519091' s Days Inventory Range Over the Past 10 Years
Min: 47.89   Med: 69.71   Max: 131.06
Current: 131.06

During the past 13 years, Tasty Bite Eatables's highest Days Inventory was 131.06. The lowest was 47.89. And the median was 69.71.

BOM:519091's Days Inventory is ranked worse than
71.87% of 1781 companies
in the Consumer Packaged Goods industry
Industry Median: 82.52 vs BOM:519091: 131.06

Tasty Bite Eatables's Days Inventory increased from Dec. 2022 (114.28) to Mar. 2024 (122.65). It might indicate that Tasty Bite Eatables's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tasty Bite Eatables's Inventory Turnover for the three months ended in Mar. 2024 was 0.74.

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. Tasty Bite Eatables's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.83.


Tasty Bite Eatables Days Inventory Historical Data

The historical data trend for Tasty Bite Eatables'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.

Tasty Bite Eatables Days Inventory Chart

Tasty Bite Eatables 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 68.17 93.80 98.37 93.57 95.30

Tasty Bite Eatables Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 114.28 124.40 85.29 - 122.65

Competitive Comparison of Tasty Bite Eatables's Days Inventory

For the Packaged Foods subindustry, Tasty Bite Eatables'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.


Tasty Bite Eatables's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tasty Bite Eatables's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tasty Bite Eatables's Days Inventory falls into.



Tasty Bite Eatables Days Inventory Calculation

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

Tasty Bite Eatables'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
=( (868.14 + 902.57) / 2 ) / 3390.78*365
=885.355 / 3390.78*365
=95.30

Tasty Bite Eatables'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 + 902.57) / 1 ) / 671.51*365 / 4
=902.57 / 671.51*365 / 4
=122.65

* 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.


Tasty Bite Eatables  (BOM:519091) 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.

Tasty Bite Eatables'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.

Tasty Bite Eatables'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.


Tasty Bite Eatables Days Inventory Related Terms

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


Tasty Bite Eatables (BOM:519091) Business Description

Traded in Other Exchanges
Address
201-202, Mayfair Towers, Wakdewadi, Shivajinagar, Pune, MH, IND, 411 005
Tasty Bite Eatables Ltd is engaged in the manufacturing and selling of packaged foods. The company's product line includes organic channa masala, jodhpur dal, brown rice, basmati rice, coconut rice, and others. Geographically, it operates in India and the Rest of the world. The Company recognizes its sale of Prepared Foods activity as its only primary business segment. Geographically majority of the revenue comes from rest of the world region.

Tasty Bite Eatables (BOM:519091) Headlines

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