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Thangamayil Jewellery (BOM:533158) Days Inventory : 122.94 (As of Mar. 2024)


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What is Thangamayil Jewellery Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thangamayil Jewellery's Average Total Inventories for the three months ended in Mar. 2024 was ₹11,892 Mil. Thangamayil Jewellery's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹8,827 Mil. Hence, Thangamayil Jewellery's Days Inventory for the three months ended in Mar. 2024 was 122.94.

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

BOM:533158' s Days Inventory Range Over the Past 10 Years
Min: 84.09   Med: 114.77   Max: 137.39
Current: 115.1

During the past 13 years, Thangamayil Jewellery's highest Days Inventory was 137.39. The lowest was 84.09. And the median was 114.77.

BOM:533158's Days Inventory is ranked worse than
52.29% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.7 vs BOM:533158: 115.10

Thangamayil Jewellery's Days Inventory declined from Mar. 2023 (135.10) to Mar. 2024 (122.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Thangamayil Jewellery's Inventory Turnover for the three months ended in Mar. 2024 was 0.74.

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. Thangamayil Jewellery's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.21.


Thangamayil Jewellery Days Inventory Historical Data

The historical data trend for Thangamayil Jewellery'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.

Thangamayil Jewellery Days Inventory Chart

Thangamayil Jewellery 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 130.21 137.39 127.98 110.73 114.61

Thangamayil Jewellery 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 135.10 106.38 107.30 125.85 122.94

Competitive Comparison of Thangamayil Jewellery's Days Inventory

For the Luxury Goods subindustry, Thangamayil Jewellery'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.


Thangamayil Jewellery's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Thangamayil Jewellery's Days Inventory distribution charts can be found below:

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



Thangamayil Jewellery Days Inventory Calculation

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

Thangamayil Jewellery'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
=( (9823.4 + 11892.3) / 2 ) / 34579.9*365
=10857.85 / 34579.9*365
=114.61

Thangamayil Jewellery'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 + 11892.3) / 1 ) / 8826.9*365 / 4
=11892.3 / 8826.9*365 / 4
=122.94

* 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.


Thangamayil Jewellery  (BOM:533158) 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.

Thangamayil Jewellery'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.

Thangamayil Jewellery'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.


Thangamayil Jewellery Days Inventory Related Terms

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


Thangamayil Jewellery (BOM:533158) Business Description

Traded in Other Exchanges
Address
New Natham Main Road, No. 25/6, Palamicenter, 2nd and 3rd Floor, Nera Ramakrishna Mutt, Narayanapuram, Madurai, TN, IND, 625014
Thangamayil Jewellery Ltd is in the Jewellery business. The company is engaged in gold, diamond, silver, and other precious metals. It operates a retail jewelry store across several districts in the Indian state of Tamil Nadu. Its jewelry products include Bangles, Bracelets, Rings, Coins, Articles, Dinner sets, Earrings, Pendants, Necklace, Anklets and Chains. Additionally, it also offers various savings schemes to its customers to invest in gold jewelry for the long run.

Thangamayil Jewellery (BOM:533158) Headlines

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