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Radico Khaitan (BOM:532497) Days Inventory : 111.75 (As of Mar. 2024)


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What is Radico Khaitan Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Radico Khaitan's Average Total Inventories for the three months ended in Mar. 2024 was ₹7,797 Mil. Radico Khaitan's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹6,367 Mil. Hence, Radico Khaitan's Days Inventory for the three months ended in Mar. 2024 was 111.75.

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

BOM:532497' s Days Inventory Range Over the Past 10 Years
Min: 105.05   Med: 114.27   Max: 128.8
Current: 120

During the past 13 years, Radico Khaitan's highest Days Inventory was 128.80. The lowest was 105.05. And the median was 114.27.

BOM:532497's Days Inventory is ranked better than
60.87% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 158.99 vs BOM:532497: 120.00

Radico Khaitan's Days Inventory declined from Mar. 2023 (133.07) to Mar. 2024 (111.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Radico Khaitan's Inventory Turnover for the three months ended in Mar. 2024 was 0.82.

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. Radico Khaitan's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.72.


Radico Khaitan Days Inventory Historical Data

The historical data trend for Radico Khaitan'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.

Radico Khaitan Days Inventory Chart

Radico Khaitan 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 105.66 128.80 118.69 125.03 115.30

Radico Khaitan 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 133.07 121.34 148.15 113.38 111.75

Competitive Comparison of Radico Khaitan's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Radico Khaitan'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.


Radico Khaitan's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Radico Khaitan's Days Inventory distribution charts can be found below:

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



Radico Khaitan Days Inventory Calculation

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

Radico Khaitan'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
=( (7154.181 + 7796.857) / 2 ) / 23664.865*365
=7475.519 / 23664.865*365
=115.30

Radico Khaitan'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 + 7796.857) / 1 ) / 6366.514*365 / 4
=7796.857 / 6366.514*365 / 4
=111.75

* 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.


Radico Khaitan  (BOM:532497) 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.

Radico Khaitan'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.

Radico Khaitan'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.


Radico Khaitan Days Inventory Related Terms

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


Radico Khaitan (BOM:532497) Business Description

Traded in Other Exchanges
Address
Mathura Road, Plot No. J-1, Block B-1, Mohan Co-operative Industrial Area, New Delhi, IND, 110044
Radico Khaitan Ltd is an India-based liquor manufacturing company. Its products include whiskey, vodka, rum, brandy, and gin. The company's brand portfolio includes After Dark Whisky, Contessa Rum, Magic Moments Vodka, Morpheus Brandy, Old Admiral Brandy, and 8 PM Whisky. It has three distilleries in Rampur, Uttar Pradesh, and one in Aurangabad, Maharashtra. It produces extra neutral alcohol from molasses, as well as grain. It produces malt spirit and aged grain spirit, as well as matured malt spirit.

Radico Khaitan (BOM:532497) Headlines

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