Sai Silks (Kalamandir) (BOM:543989) Days Inventory : 345.04 (As of Sep. 2023)

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What is Sai Silks (Kalamandir) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sai Silks (Kalamandir)'s Average Total Inventories for the six months ended in Sep. 2023 was ₹7,047 Mil. Sai Silks (Kalamandir)'s Cost of Goods Sold for the six months ended in Sep. 2023 was ₹3,728 Mil. Hence, Sai Silks (Kalamandir)'s Days Inventory for the six months ended in Sep. 2023 was 345.04.

The historical rank and industry rank for Sai Silks (Kalamandir)'s Days Inventory or its related term are showing as below:

BOM:543989' s Days Inventory Range Over the Past 10 Years
Min: 236.46 Med: 298.54 Max: 449.3
Current: 323.24

During the past 4 years, Sai Silks (Kalamandir)'s highest Days Inventory was 449.30. The lowest was 236.46. And the median was 298.54.

BOM:543989's Days Inventory is ranked worse than
89.42% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs BOM:543989: 323.24

Sai Silks (Kalamandir)'s Days Inventory increased from Sep. 2022 (298.29) to Sep. 2023 (345.04). It might indicate that Sai Silks (Kalamandir)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sai Silks (Kalamandir)'s Inventory Turnover for the six months ended in Sep. 2023 was 0.53.

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. Sai Silks (Kalamandir)'s Inventory-to-Revenue for the six months ended in Sep. 2023 was 1.12.

Sai Silks (Kalamandir) Days Inventory Historical Data

The historical data trend for Sai Silks (Kalamandir)'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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Sai Silks (Kalamandir) Days Inventory Chart

Sai Silks (Kalamandir) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

236.46

449.30

299.15

297.92

Sai Silks (Kalamandir) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			-	-	298.29	297.57	345.04

Competitive Comparison of Sai Silks (Kalamandir)'s Days Inventory

For the Apparel Retail subindustry, Sai Silks (Kalamandir)'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.

Sai Silks (Kalamandir)'s Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sai Silks (Kalamandir)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Sai Silks (Kalamandir)'s Days Inventory falls into.

Sai Silks (Kalamandir) Days Inventory Calculation

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

Sai Silks (Kalamandir)'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
=	( (6531.11	+	6897.49)	/	2 )	/	8226.21	*	365
=	6714.3					/	8226.21	*	365
=	297.92

Sai Silks (Kalamandir)'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
=	( (6897.49	+	7197.3)	/	2 )	/	3727.52	*	365 / 2
=	7047.395					/	3727.52	*	365 / 2
=	345.04

Sai Silks (Kalamandir) (BOM:543989) 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.

Sai Silks (Kalamandir)'s Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3727.52	/	7047.395
	=	0.53

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.

Sai Silks (Kalamandir)'s Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7047.395	/	6314.64
	=	1.12

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.

Sai Silks (Kalamandir) Days Inventory Related Terms

Thank you for viewing the detailed overview of Sai Silks (Kalamandir)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Sai Silks (Kalamandir) (BOM:543989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sai Silks (Kalamandir) Ltd (BOM:543989) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

KALAMANDIR:India

Address

6-3-790/8, Flat No. 1, Bathina Apartments, Ameerpet, Hyderabad, TG, IND, 500016

Website

https://www.sskl.co.in

Sai Silks (Kalamandir) Ltd is a company who is one of the retailers of ethnic apparels. Its business activity falls within a single business which is retail of textile and textile articles. The company caters to customers in all market sectors by offering items in four formats to diverse market segments, including premium ethnic fashion, ethnic fashion for middle-class consumers, and value fashion. Lehengas, men's ethnic wear, children's ethnic wear, and value fashion products, including fusion wear and western wear for women, men, and children, are just a few of the products it offers.

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