Days Inventory is also known as Days Sales of Inventory (DSI). Super Tannery's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹591 Mil. Super Tannery's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹387 Mil.
Hence, Super Tannery's Days Inventory for the
three
months ended in Dec. 2023 was 139.31.
The historical rank and industry rank for Super Tannery's Days Inventory or its related term are showing as below:
BOM:523842'
s Days Inventory Range Over the Past 10 Years
Min: 100.25 Med: 167.85 Max: 215.99
Current: 131.23
During the past 13 years, Super Tannery's highest Days Inventory was 215.99. The lowest was 100.25. And the median was 167.85.
BOM:523842's Days Inventory is ranked better than 50.05% of 1003
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 131.33
vs BOM:523842: 131.23
Super Tannery's Days Inventory
declined
from Dec. 2022 (190.60) to Dec. 2023 (139.31).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Super Tannery's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.66.
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.
Super Tannery's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.09.
Super Tannery Days Inventory Historical Data
The historical data trend for Super Tannery'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.
Competitive Comparison of Super Tannery's Days Inventory
For the Footwear & Accessories subindustry, Super Tannery'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.
Super Tannery's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Super Tannery's Days Inventory distribution charts can be found below:
* The bar in red indicates where Super Tannery's Days Inventory falls into.
Super Tannery Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Super Tannery's Days Inventory for the fiscal year that ended in Mar. 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.
Super Tannery (BOM:523842) 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.
Super Tannery'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.
Super Tannery'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.
Super Tannery Days Inventory Related Terms
Thank you for viewing the detailed overview of Super Tannery's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Super Tannery Ltd is an India-based leather manufacturing company. It is a Buffalo leather tannery, supplying a chain of leather and allied products in markets. It manufactures leather for automotive and furniture upholstery, Safety and lifestyle footwear, Bags, Belts, Sporting goods, and Equestrian equipment. The company operates in India and internationally. It generates the majority of its revenue from its sale of leather products in export markets, which comprises mostly finished leather products.
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