Getalong Enterprise (BOM:543372) Days Inventory : 3.05 (As of Mar. 2023)

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What is Getalong Enterprise Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Getalong Enterprise's Average Total Inventories for the six months ended in Mar. 2023 was ₹4.0 Mil. Getalong Enterprise's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹238.9 Mil. Hence, Getalong Enterprise's Days Inventory for the six months ended in Mar. 2023 was 3.05.

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

BOM:543372' s Days Inventory Range Over the Past 10 Years
Min: 2.09 Med: 4.62 Max: 11.12
Current: 2.98

During the past 3 years, Getalong Enterprise's highest Days Inventory was 11.12. The lowest was 2.09. And the median was 4.62.

BOM:543372's Days Inventory is ranked better than
88.24% of 85 companies
in the Personal Services industry
Industry Median: 16.31 vs BOM:543372: 2.98

Getalong Enterprise's Days Inventory increased from Mar. 2022 (2.20) to Mar. 2023 (3.05). It might indicate that Getalong Enterprise's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Getalong Enterprise's Inventory Turnover for the six months ended in Mar. 2023 was 59.79.

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. Getalong Enterprise's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.01.

Getalong Enterprise Days Inventory Historical Data

The historical data trend for Getalong Enterprise'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.

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Getalong Enterprise Days Inventory Chart

Getalong Enterprise Annual Data

Trend

Mar21

Mar22

Mar23

Days Inventory

11.12

4.62

2.09

Getalong Enterprise Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23
Days Inventory	-	7.56	2.20	3.66	3.05

Competitive Comparison of Getalong Enterprise's Days Inventory

For the Personal Services subindustry, Getalong Enterprise'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.

Getalong Enterprise's Days Inventory Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Getalong Enterprise's Days Inventory distribution charts can be found below:

* The bar in red indicates where Getalong Enterprise's Days Inventory falls into.

Getalong Enterprise Days Inventory Calculation

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

Getalong Enterprise'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
=	( (6.852	+	0.092)	/	2 )	/	606.461	*	365
=	3.472					/	606.461	*	365
=	2.09

Getalong Enterprise's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (7.898	+	0.092)	/	2 )	/	238.874	*	365 / 2
=	3.995					/	238.874	*	365 / 2
=	3.05

Getalong Enterprise (BOM:543372) 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.

Getalong Enterprise's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	238.874	/	3.995
	=	59.79

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.

Getalong Enterprise's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.995	/	309.97
	=	0.01

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.

Getalong Enterprise Days Inventory Related Terms

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

Getalong Enterprise (BOM:543372) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Getalong Enterprise Ltd (BOM:543372) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Damji Shamji Corporate Square, Office No. 402, B-Wing, Laxmi Nagar, Ghatkopar (East), Mumbai, MH, IND, 400 075

Website

https://www.getalongenterprise.com

Getalong Enterprise Ltd is engaged in the business of providing Tax Advisory and compliance Filing Services on a standalone basis and trading Garments in its subsidiary. The firm's service offering comprises Tax Advisory, Tax Compliance, Legal Services, Business Formation, Financial services, and Allied services.

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