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Goldiam International (BOM:526729) Days Inventory : 158.45 (As of Dec. 2023)


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What is Goldiam International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Goldiam International's Average Total Inventories for the three months ended in Dec. 2023 was ₹2,465 Mil. Goldiam International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,419 Mil. Hence, Goldiam International's Days Inventory for the three months ended in Dec. 2023 was 158.45.

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

BOM:526729' s Days Inventory Range Over the Past 10 Years
Min: 103.48   Med: 160.54   Max: 234.88
Current: 234.88

During the past 13 years, Goldiam International's highest Days Inventory was 234.88. The lowest was 103.48. And the median was 160.54.

BOM:526729's Days Inventory is ranked worse than
82.13% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.79 vs BOM:526729: 234.88

Goldiam International's Days Inventory declined from Dec. 2022 (212.25) to Dec. 2023 (158.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Goldiam International's Inventory Turnover for the three months ended in Dec. 2023 was 0.58.

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. Goldiam International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.22.


Goldiam International Days Inventory Historical Data

The historical data trend for Goldiam International'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.

Goldiam International Days Inventory Chart

Goldiam International 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 131.41 127.82 129.45 103.48 212.21

Goldiam International 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 212.25 225.16 278.36 255.38 158.45

Competitive Comparison of Goldiam International's Days Inventory

For the Luxury Goods subindustry, Goldiam International'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.


Goldiam International's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Goldiam International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Goldiam International's Days Inventory falls into.



Goldiam International Days Inventory Calculation

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

Goldiam International'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
=( (1768.806 + 2483.113) / 2 ) / 3656.579*365
=2125.9595 / 3656.579*365
=212.21

Goldiam International'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
=( (2464.652 + 0) / 1 ) / 1419.384*365 / 4
=2464.652 / 1419.384*365 / 4
=158.45

* 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.


Goldiam International  (BOM:526729) 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.

Goldiam International'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.

Goldiam International'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.


Goldiam International Days Inventory Related Terms

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


Goldiam International (BOM:526729) Business Description

Traded in Other Exchanges
Address
Gems & Jewellery Complex, M.I.D.C, Seepz, Andheri (East), Mumbai, MH, IND, 400096
Goldiam International Ltd is an Indian company operating as a manufacturer of diamond-studded gold, platinum, and silver jewelry. The principal business activities of the company are manufacturing and exporting gold and silver jewelry. It operates in two segments; Jewellery Manufacturing and Investment Activity. Its products include engagement rings, wedding bands, anniversary rings, bridal sets, fashion jewelry earrings and pendants, and fashion jewelry and necklaces and earrings. It generates the majority of its revenue from the Jewellery Manufacturing segment.

Goldiam International (BOM:526729) Headlines

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