Lykis (BOM:530689) Days Inventory : 8.59 (As of Mar. 2024)

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What is Lykis Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lykis's Average Total Inventories for the three months ended in Mar. 2024 was ₹99 Mil. Lykis's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,046 Mil. Hence, Lykis's Days Inventory for the three months ended in Mar. 2024 was 8.59.

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

BOM:530689' s Days Inventory Range Over the Past 10 Years
Min: 7.37 Med: 16.55 Max: 43.09
Current: 23.1

During the past 13 years, Lykis's highest Days Inventory was 43.09. The lowest was 7.37. And the median was 16.55.

BOM:530689's Days Inventory is ranked better than
92.99% of 1784 companies
in the Consumer Packaged Goods industry
Industry Median: 82.205 vs BOM:530689: 23.10

Lykis's Days Inventory declined from Dec. 2022 (18.37) to Mar. 2024 (8.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lykis's Inventory Turnover for the three months ended in Mar. 2024 was 10.62.

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. Lykis's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.08.

Lykis Days Inventory Historical Data

The historical data trend for Lykis'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.

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Lykis Days Inventory Chart

Lykis Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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13.85

43.09

16.73

13.87

12.97

Lykis Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															18.37	11.61	21.90	29.75	8.59

Competitive Comparison of Lykis's Days Inventory

For the Household & Personal Products subindustry, Lykis'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.

Lykis's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

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

Lykis Days Inventory Calculation

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

Lykis'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
=	( (155.831	+	98.546)	/	2 )	/	3578.31	*	365
=	127.1885					/	3578.31	*	365
=	12.97

Lykis'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	+	98.546)	/	1 )	/	1046.272	*	365 / 4
=	98.546					/	1046.272	*	365 / 4
=	8.59

Lykis (BOM:530689) 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.

Lykis's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1046.272	/	98.546
	=	10.62

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.

Lykis's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	98.546	/	1202.883
	=	0.08

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.

Lykis Days Inventory Related Terms

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

Lykis (BOM:530689) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lykis Ltd (BOM:530689) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veera Desai Road, Grandeur Building, 4th Floor, Opposite Gundecha Symphony, Near Country Club, Andheri (West), Mumbai, MH, IND, 400 053

Website

https://www.lykis.in

Lykis Ltd is a home and personal care company. The company has a presence in Beauty and Grooming, Homecare segment Food, and Health and Wellbeing segment. Its brands include Lykis, Britex, Rox, Bonita, Lykon, Bentol, Special, and others. The company provides personal care products comprising personal wash, hair care, skin care, and baby care products, as well as deodorants, perfumes, and talcums; home care products consisting of dish wash bars and liquid, floor cleaners, glass cleaners, toilet cleaners, and air fresheners and OTC products, including products for headache, body pain, and foot care products. It operates in the FMCG segment .

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