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Godrej Consumer Products (BOM:532424) Days Inventory : 90.13 (As of Dec. 2023)


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What is Godrej Consumer Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Godrej Consumer Products's Average Total Inventories for the three months ended in Dec. 2023 was ₹15,945 Mil. Godrej Consumer Products's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹16,143 Mil. Hence, Godrej Consumer Products's Days Inventory for the three months ended in Dec. 2023 was 90.13.

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

BOM:532424' s Days Inventory Range Over the Past 10 Years
Min: 93.25   Med: 111.61   Max: 130.61
Current: 93.25

During the past 13 years, Godrej Consumer Products's highest Days Inventory was 130.61. The lowest was 93.25. And the median was 111.61.

BOM:532424's Days Inventory is ranked worse than
56.75% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs BOM:532424: 93.25

Godrej Consumer Products's Days Inventory declined from Dec. 2022 (103.31) to Dec. 2023 (90.13).

Inventory Turnover measures how fast the company turns over its inventory within a year. Godrej Consumer Products's Inventory Turnover for the three months ended in Dec. 2023 was 1.01.

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. Godrej Consumer Products's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.44.


Godrej Consumer Products Days Inventory Historical Data

The historical data trend for Godrej Consumer Products'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.

Godrej Consumer Products Days Inventory Chart

Godrej Consumer Products 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 118.95 130.61 118.97 109.47 95.01

Godrej Consumer Products 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 103.31 75.88 87.91 89.54 90.13

Competitive Comparison of Godrej Consumer Products's Days Inventory

For the Household & Personal Products subindustry, Godrej Consumer Products'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.


Godrej Consumer Products's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Godrej Consumer Products's Days Inventory falls into.



Godrej Consumer Products Days Inventory Calculation

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

Godrej Consumer Products'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
=( (21298.5 + 15371.5) / 2 ) / 70439.4*365
=18335 / 70439.4*365
=95.01

Godrej Consumer Products'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
=( (15945.2 + 0) / 1 ) / 16142.6*365 / 4
=15945.2 / 16142.6*365 / 4
=90.13

* 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.


Godrej Consumer Products  (BOM:532424) 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.

Godrej Consumer Products'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.

Godrej Consumer Products'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.


Godrej Consumer Products Days Inventory Related Terms

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


Godrej Consumer Products (BOM:532424) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, 4th Floor, Godrej One, Pirojshanagar, Vikhroli (East), Mumbai, MH, IND, 400079
Godrej Consumer Products Ltd is a household and personal care producer. The company has three main product categories: home care, hair care, and personal care. Godrej Consumer Products serves different geographic regions: Asia (India, Indonesia, Middle East, Myanmar, Nepal, Pakistan, Sri Lanka); Africa (South Africa, Nigeria, Mozambique, Kenya); Latin America (Argentina, Bolivia, Chile, Paraguay, and Uruguay); and Europe (the United Kingdom). The brand portfolio includes Roby, Renew, Darling, and Inecto in hair care; Hit, Ezee, and Good Knight in-home care; and Mitu, Protekt, and Cinthol in personal care.

Godrej Consumer Products (BOM:532424) Headlines

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