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Relaxo Footwears (BOM:530517) Days Inventory : 0.00 (As of Dec. 2023)


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What is Relaxo Footwears Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Relaxo Footwears's Average Total Inventories for the three months ended in Dec. 2023 was ₹0 Mil. Relaxo Footwears's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹3,065 Mil. Hence, Relaxo Footwears's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

BOM:530517' s Days Inventory Range Over the Past 10 Years
Min: 105.88   Med: 133.96   Max: 169.19
Current: 165.12

During the past 13 years, Relaxo Footwears's highest Days Inventory was 169.19. The lowest was 105.88. And the median was 133.96.

BOM:530517's Days Inventory is ranked worse than
61.93% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.01 vs BOM:530517: 165.12

Relaxo Footwears's Days Inventory declined from Dec. 2022 (171.81) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Relaxo Footwears's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Relaxo Footwears Days Inventory Historical Data

The historical data trend for Relaxo Footwears'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.

Relaxo Footwears Days Inventory Chart

Relaxo Footwears 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 117.71 144.66 157.20 164.30 169.19

Relaxo Footwears 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 171.81 140.57 163.28 - -

Competitive Comparison of Relaxo Footwears's Days Inventory

For the Footwear & Accessories subindustry, Relaxo Footwears'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.


Relaxo Footwears's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Relaxo Footwears's Days Inventory falls into.



Relaxo Footwears Days Inventory Calculation

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

Relaxo Footwears'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
=( (6732.5 + 5637.8) / 2 ) / 13343.2*365
=6185.15 / 13343.2*365
=169.19

Relaxo Footwears'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
=( (0 + 0) / 1 ) / 3064.9*365 / 4
=0 / 3064.9*365 / 4
=0.00

* 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.


Relaxo Footwears  (BOM:530517) 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.

Relaxo Footwears'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.

Relaxo Footwears'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.


Relaxo Footwears Days Inventory Related Terms

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


Relaxo Footwears (BOM:530517) Business Description

Traded in Other Exchanges
Address
Aggarwal City Square, Plot No. 10, Mangalam Palace, District Centre, Sector-3, Rohini, New Delhi, IND, 110085
Relaxo Footwears Ltd manufactures footwear in India that it sells under the brand names Flite, Bahamas, Hawaii, Sparx, Schoolmate, Elena, and Casualz. Roughly half of the company's production is non-leather footwear, including a wide variety of slippers. Relaxo sells its products directly through its company-owned retail stores and online shopping portal, and Relaxo sells its products wholesale to distributors and through export operations. The Company has only one segment Footwear and related products. The vast majority of sales are generated in India, where the company's hundreds of Relaxo Shoppe retail stores are located.

Relaxo Footwears (BOM:530517) Headlines

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