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Flexituff Ventures International (BOM:533638) Days Inventory : 87.05 (As of Dec. 2023)


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What is Flexituff Ventures International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Flexituff Ventures International's Average Total Inventories for the three months ended in Dec. 2023 was ₹963 Mil. Flexituff Ventures International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,010 Mil. Hence, Flexituff Ventures International's Days Inventory for the three months ended in Dec. 2023 was 87.05.

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

BOM:533638' s Days Inventory Range Over the Past 10 Years
Min: 62.39   Med: 73.58   Max: 109.56
Current: 79.01

During the past 13 years, Flexituff Ventures International's highest Days Inventory was 109.56. The lowest was 62.39. And the median was 73.58.

BOM:533638's Days Inventory is ranked better than
74.03% of 1001 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 131.33 vs BOM:533638: 79.01

Flexituff Ventures International's Days Inventory increased from Dec. 2022 (60.66) to Dec. 2023 (87.05). It might indicate that Flexituff Ventures International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Flexituff Ventures International's Inventory Turnover for the three months ended in Dec. 2023 was 1.05.

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. Flexituff Ventures International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.65.


Flexituff Ventures International Days Inventory Historical Data

The historical data trend for Flexituff Ventures International'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.

Flexituff Ventures International Days Inventory Chart

Flexituff Ventures International 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 90.63 86.90 96.94 71.38 62.39

Flexituff Ventures International 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 60.66 57.91 85.07 78.62 87.05

Competitive Comparison of Flexituff Ventures International's Days Inventory

For the Textile Manufacturing subindustry, Flexituff Ventures International'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.


Flexituff Ventures International's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Flexituff Ventures International's Days Inventory falls into.



Flexituff Ventures International Days Inventory Calculation

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

Flexituff Ventures International'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
=( (1225.54 + 921.57) / 2 ) / 6280.42*365
=1073.555 / 6280.42*365
=62.39

Flexituff Ventures International'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
=( (963.086 + 0) / 1 ) / 1009.531*365 / 4
=963.086 / 1009.531*365 / 4
=87.05

* 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.


Flexituff Ventures International  (BOM:533638) 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.

Flexituff Ventures International'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.

Flexituff Ventures International'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.


Flexituff Ventures International Days Inventory Related Terms

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


Flexituff Ventures International (BOM:533638) Business Description

Traded in Other Exchanges
Address
C-41-50, Special Economic Zone, Sector-3, Industrial Area, District Dhar, Pithampur, MP, IND, 454775
Flexituff Ventures International Ltd is engaged in manufacturing of high density/polypropylene woven sacks and flexible intermediate bulk containers (FIBC)/jumbo bags. The company is also engaged in the business of manufacturing reverse printed biaxially oriented polypropylene woven bags, geotextile fabrics, and ground covers, polymer compounds, and drippers. Its bags include sift-proof bags, baffle bags, form-fitted liner bags, builder bag/tunnel-lift, single-loop bags and sling bags. Its products serve retail, industrial, agro and infrastructure sectors.

Flexituff Ventures International (BOM:533638) Headlines

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