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Zodiac Clothing Co (BOM:521163) Days Inventory : 378.60 (As of Dec. 2023)


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What is Zodiac Clothing Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zodiac Clothing Co's Average Total Inventories for the three months ended in Dec. 2023 was ₹589 Mil. Zodiac Clothing Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹142 Mil. Hence, Zodiac Clothing Co's Days Inventory for the three months ended in Dec. 2023 was 378.60.

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

BOM:521163' s Days Inventory Range Over the Past 10 Years
Min: 155.14   Med: 280.23   Max: 680.01
Current: 354.47

During the past 13 years, Zodiac Clothing Co's highest Days Inventory was 680.01. The lowest was 155.14. And the median was 280.23.

BOM:521163's Days Inventory is ranked worse than
91.8% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.41 vs BOM:521163: 354.47

Zodiac Clothing Co's Days Inventory increased from Dec. 2022 (296.93) to Dec. 2023 (378.60). It might indicate that Zodiac Clothing Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zodiac Clothing Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.24.

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. Zodiac Clothing Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.61.


Zodiac Clothing Co Days Inventory Historical Data

The historical data trend for Zodiac Clothing 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.

Zodiac Clothing Co Days Inventory Chart

Zodiac Clothing 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 399.09 456.31 680.01 468.59 290.15

Zodiac Clothing 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 296.93 254.88 376.95 401.77 378.60

Competitive Comparison of Zodiac Clothing Co's Days Inventory

For the Apparel Manufacturing subindustry, Zodiac Clothing 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.


Zodiac Clothing Co's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Zodiac Clothing Co's Days Inventory falls into.



Zodiac Clothing Co Days Inventory Calculation

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

Zodiac Clothing 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
=( (692.795 + 594.368) / 2 ) / 809.593*365
=643.5815 / 809.593*365
=290.15

Zodiac Clothing 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
=( (589.039 + 0) / 1 ) / 141.971*365 / 4
=589.039 / 141.971*365 / 4
=378.60

* 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.


Zodiac Clothing Co  (BOM:521163) 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.

Zodiac Clothing 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.

Zodiac Clothing 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.


Zodiac Clothing Co Days Inventory Related Terms

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


Zodiac Clothing Co (BOM:521163) Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, Nyloc House, 254, D-2, Worli, Mumbai, MH, IND, 400 030
Zodiac Clothing Co Ltd manufactures men's fine clothing and accessories. The products manufactured by the company are shirts, trousers, ties, suits, and accessories. It operates in a single segment which is Garment. Nearly half of the revenue is generated from India and the rest from other countries. Its brand includes Zodiac, ZOD!, and Z3.

Zodiac Clothing Co (BOM:521163) Headlines

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