Kahan Packaging (BOM:543979) Days Inventory : 111.49 (As of Mar. 2023)

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What is Kahan Packaging Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kahan Packaging's Average Total Inventories for the six months ended in Mar. 2023 was ₹39.8 Mil. Kahan Packaging's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹130.2 Mil. Hence, Kahan Packaging's Days Inventory for the six months ended in Mar. 2023 was 55.75.

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

BOM:543979' s Days Inventory Range Over the Past 10 Years
Min: 72.8 Med: 81.51 Max: 111.49
Current: 111.49

During the past 4 years, Kahan Packaging's highest Days Inventory was 111.49. The lowest was 72.80. And the median was 81.51.

BOM:543979's Days Inventory is ranked worse than
71.04% of 366 companies
in the Packaging & Containers industry
Industry Median: 77.885 vs BOM:543979: 111.49

Kahan Packaging's Days Inventory increased from Mar. 2021 (87.72) to Mar. 2023 (111.49). It might indicate that Kahan Packaging's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kahan Packaging's Inventory Turnover for the six months ended in Mar. 2023 was 3.27.

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. Kahan Packaging's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.23.

Kahan Packaging Days Inventory Historical Data

The historical data trend for Kahan Packaging'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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Kahan Packaging Days Inventory Chart

Kahan Packaging Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

75.29

87.72

72.80

111.49

Kahan Packaging Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Days Inventory	75.29	87.72	72.80	111.49

Competitive Comparison of Kahan Packaging's Days Inventory

For the Packaging & Containers subindustry, Kahan Packaging'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.

Kahan Packaging's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kahan Packaging's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kahan Packaging's Days Inventory falls into.

Kahan Packaging Days Inventory Calculation

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

Kahan Packaging'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
=	( (26.388	+	53.18)	/	2 )	/	130.243	*	365
=	39.784					/	130.243	*	365
=	111.49

Kahan Packaging'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: Mar. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (26.388	+	53.18)	/	2 )	/	130.243	*	365 / 2
=	39.784					/	130.243	*	365 / 2
=	55.75

Kahan Packaging (BOM:543979) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	130.243	/	39.784
	=	3.27

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	39.784	/	175.179
	=	0.23

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.

Kahan Packaging Days Inventory Related Terms

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

Kahan Packaging (BOM:543979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kahan Packaging Ltd (BOM:543979) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

212, Jhalawar Service Premises, E S Patanwalla Compound, Opp. Shreyas Talkies, L.B.S.Marg, Ghatkopar - West, Mumbai, MH, IND, 400086

Website

https://www.kpackltd.com

Kahan Packaging Ltd is a company in the business of manufacturing and supply of Polypropylene / High Density Polyethylene, HDPE Woven Fabric- Laminated, HDPE/PP woven sacks, Woven Fabric- UnLaminated, PP Woven Bag, PP Woven Bag with Liner, Printed Laminates for Flexible Packaging, woven polymer based products of different weight, sizes and colors as per customer's specifications. It offers customized bulk packaging solutions to business-to business (B2B) manufacturers catering to different industries such as Agro Pesticides Industry, Cement Industry, Chemical Industry, Fertilizer Industry, Food Products Industry.

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