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Lahoti Overseas (BOM:531842) Days Inventory : 11.75 (As of Mar. 2024)


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What is Lahoti Overseas Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lahoti Overseas's Average Total Inventories for the three months ended in Mar. 2024 was ₹121 Mil. Lahoti Overseas's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹940 Mil. Hence, Lahoti Overseas's Days Inventory for the three months ended in Mar. 2024 was 11.75.

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

BOM:531842' s Days Inventory Range Over the Past 10 Years
Min: 3.51   Med: 6.48   Max: 15.61
Current: 9.83

During the past 13 years, Lahoti Overseas's highest Days Inventory was 15.61. The lowest was 3.51. And the median was 6.48.

BOM:531842's Days Inventory is ranked better than
98.21% of 1008 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.78 vs BOM:531842: 9.83

Lahoti Overseas's Days Inventory declined from Mar. 2023 (17.00) to Mar. 2024 (11.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lahoti Overseas's Inventory Turnover for the three months ended in Mar. 2024 was 7.77.

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. Lahoti Overseas's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.13.


Lahoti Overseas Days Inventory Historical Data

The historical data trend for Lahoti Overseas'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.

Lahoti Overseas Days Inventory Chart

Lahoti Overseas Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.77 6.91 5.21 15.61 10.83

Lahoti Overseas Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.00 11.73 6.67 7.98 11.75

Competitive Comparison of Lahoti Overseas's Days Inventory

For the Textile Manufacturing subindustry, Lahoti Overseas'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.


Lahoti Overseas's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Lahoti Overseas Days Inventory Calculation

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

Lahoti Overseas'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
=( (145.252 + 120.95) / 2 ) / 4486.2*365
=133.101 / 4486.2*365
=10.83

Lahoti Overseas'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 + 120.95) / 1 ) / 939.519*365 / 4
=120.95 / 939.519*365 / 4
=11.75

* 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.


Lahoti Overseas  (BOM:531842) 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.

Lahoti Overseas's Inventory Turnover for the three months ended in Mar. 2024 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.

Lahoti Overseas's Inventory to Revenue for the three months ended in Mar. 2024 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.


Lahoti Overseas Days Inventory Related Terms

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


Lahoti Overseas (BOM:531842) Business Description

Traded in Other Exchanges
N/A
Address
Tardeo Road, 307, Arun Chambers, Mumbai, MH, IND, 400034
Lahoti Overseas Ltd is engaged in the business of merchant exports of cotton textiles and specializes in the export of quality cotton yarns and fabrics. It is also engaged in the business of setting up of power projects and to generate, supply, distribute, transmit and transform electric or other sources of power. Its products include carded and combed ring spun yarns, ply yarns, special yarns. The segments of the company include Trading and Power.

Lahoti Overseas (BOM:531842) Headlines

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