C P S Shapers (NSE:CPS) Days Inventory : 176.15 (As of Mar. 2023)

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What is C P S Shapers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). C P S Shapers's Average Total Inventories for the six months ended in Mar. 2023 was ₹73.1 Mil. C P S Shapers's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹151.4 Mil. Hence, C P S Shapers's Days Inventory for the six months ended in Mar. 2023 was 88.07.

The historical rank and industry rank for C P S Shapers's Days Inventory or its related term are showing as below:

NSE:CPS' s Days Inventory Range Over the Past 10 Years
Min: 153.51 Med: 176.15 Max: 367.27
Current: 176.15

During the past 3 years, C P S Shapers's highest Days Inventory was 367.27. The lowest was 153.51. And the median was 176.15.

NSE:CPS's Days Inventory is ranked worse than
65.32% of 1012 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.685 vs NSE:CPS: 176.15

C P S Shapers's Days Inventory declined from Mar. 2021 (367.27) to Mar. 2023 (176.15).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. C P S Shapers's Inventory Turnover for the six months ended in Mar. 2023 was 2.07.

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. C P S Shapers's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.20.

C P S Shapers Days Inventory Historical Data

The historical data trend for C P S Shapers'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.

C P S Shapers Days Inventory Chart

C P S Shapers Annual Data

Trend

Mar21

Mar22

Mar23

Days Inventory

367.27

153.51

176.15

C P S Shapers Semi-Annual Data
	Mar21	Mar22	Mar23
Days Inventory	367.27	153.51	176.15

Competitive Comparison of C P S Shapers's Days Inventory

For the Apparel Manufacturing subindustry, C P S Shapers'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.

C P S Shapers's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, C P S Shapers's Days Inventory distribution charts can be found below:

* The bar in red indicates where C P S Shapers's Days Inventory falls into.

C P S Shapers Days Inventory Calculation

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

C P S Shapers'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
=	( (55.027	+	91.137)	/	2 )	/	151.435	*	365
=	73.082					/	151.435	*	365
=	176.15

C P S Shapers'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
=	( (55.027	+	91.137)	/	2 )	/	151.435	*	365 / 2
=	73.082					/	151.435	*	365 / 2
=	88.07

C P S Shapers (NSE:CPS) 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.

C P S Shapers's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	151.435	/	73.082
	=	2.07

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.

C P S Shapers's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	73.082	/	368.145
	=	0.20

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.

C P S Shapers Days Inventory Related Terms

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

C P S Shapers (NSE:CPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » C P S Shapers Ltd (NSE:CPS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 31, New Mayur Vihar, Near Raj Vansh Vihar, Garh Road, Meerut, UP, IND, 250005

Website

https://www.cpsshapersltd.com

C P S Shapers Ltd is engaged in the business manufacturing of compressed garments. The company's product portfolio has expanded significantly offering a wide array of meticulously crafted shapewear and athleisure clothing that caters to diverse body types and fashion preferences.