Labelkraft Technologies (BOM:543830) Days Inventory : 36.77 (As of Sep. 2023)

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What is Labelkraft Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Labelkraft Technologies's Average Total Inventories for the six months ended in Sep. 2023 was ₹15.1 Mil. Labelkraft Technologies's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹74.8 Mil. Hence, Labelkraft Technologies's Days Inventory for the six months ended in Sep. 2023 was 36.77.

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

BOM:543830' s Days Inventory Range Over the Past 10 Years
Min: 29.32 Med: 52.77 Max: 52.77
Current: 29.32

During the past 1 years, Labelkraft Technologies's highest Days Inventory was 52.77. The lowest was 29.32. And the median was 52.77.

BOM:543830's Days Inventory is ranked better than
94.71% of 2912 companies
in the Industrial Products industry
Industry Median: 121.36 vs BOM:543830: 29.32

Labelkraft Technologies's Days Inventory increased from . 20 (0.00) to Sep. 2023 (36.77). It might indicate that Labelkraft Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Labelkraft Technologies's Inventory Turnover for the six months ended in Sep. 2023 was 4.96.

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. Labelkraft Technologies's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.16.

Labelkraft Technologies Days Inventory Historical Data

The historical data trend for Labelkraft Technologies'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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Labelkraft Technologies Days Inventory Chart

Labelkraft Technologies Annual Data

Trend

Mar23

Days Inventory

52.77

Labelkraft Technologies Semi-Annual Data
	Mar23	Sep23
Days Inventory	26.41	36.77

Competitive Comparison of Labelkraft Technologies's Days Inventory

For the Business Equipment & Supplies subindustry, Labelkraft Technologies'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.

Labelkraft Technologies's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Labelkraft Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Labelkraft Technologies's Days Inventory falls into.

Labelkraft Technologies Days Inventory Calculation

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

Labelkraft Technologies'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: . 20 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (	+	16.317)	/	1 )	/	112.862	*	365
=	16.317					/	112.862	*	365
=	52.77

Labelkraft Technologies's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (16.317	+	13.805)	/	2 )	/	74.756	*	365 / 2
=	15.061					/	74.756	*	365 / 2
=	36.77

Labelkraft Technologies (BOM:543830) 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.

Labelkraft Technologies's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	74.756	/	15.061
	=	4.96

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.

Labelkraft Technologies's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15.061	/	94.103
	=	0.16

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.

Labelkraft Technologies Days Inventory Related Terms

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

Labelkraft Technologies (BOM:543830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Labelkraft Technologies Ltd (BOM:543830) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

14/12, Jayachamarajendra Road, Bengaluru, KA, IND, 560002

Website

https://www.labelkraft.com

Labelkraft Technologies Ltd is engaged in the business of providing barcode code solutions. The company offers services to many different segments of industries like FMCG, logistics service providers, chemicals, garments, and others.

Labelkraft Technologies (BOM:543830) Headlines

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