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D K Enterprises Global (NSE:DKEGL) Days Inventory : 24.64 (As of Sep. 2023)


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What is D K Enterprises Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). D K Enterprises Global's Average Total Inventories for the six months ended in Sep. 2023 was ₹91 Mil. D K Enterprises Global's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹670 Mil. Hence, D K Enterprises Global's Days Inventory for the six months ended in Sep. 2023 was 24.64.

The historical rank and industry rank for D K Enterprises Global's Days Inventory or its related term are showing as below:

NSE:DKEGL' s Days Inventory Range Over the Past 10 Years
Min: 26.5   Med: 31.02   Max: 37.56
Current: 27.87

During the past 4 years, D K Enterprises Global's highest Days Inventory was 37.56. The lowest was 26.50. And the median was 31.02.

NSE:DKEGL's Days Inventory is ranked better than
94.57% of 368 companies
in the Packaging & Containers industry
Industry Median: 77.505 vs NSE:DKEGL: 27.87

D K Enterprises Global's Days Inventory declined from Sep. 2022 (26.26) to Sep. 2023 (24.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. D K Enterprises Global's Inventory Turnover for the six months ended in Sep. 2023 was 7.41.

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. D K Enterprises Global's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.12.


D K Enterprises Global Days Inventory Historical Data

The historical data trend for D K Enterprises Global'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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D K Enterprises Global Days Inventory Chart

D K Enterprises Global Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Days Inventory
28.41 33.62 37.56 26.50

D K Enterprises Global Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial 41.68 34.95 26.26 30.21 24.64

Competitive Comparison of D K Enterprises Global's Days Inventory

For the Packaging & Containers subindustry, D K Enterprises Global'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.


D K Enterprises Global's Days Inventory Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where D K Enterprises Global's Days Inventory falls into.



D K Enterprises Global Days Inventory Calculation

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

D K Enterprises Global'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
=( (96.042 + 84.533) / 2 ) / 1243.466*365
=90.2875 / 1243.466*365
=26.50

D K Enterprises Global'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
=( (84.533 + 96.468) / 2 ) / 670.342*365 / 2
=90.5005 / 670.342*365 / 2
=24.64

* 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.


D K Enterprises Global  (NSE:DKEGL) 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.

D K Enterprises Global's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

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.

D K Enterprises Global's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

* 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.


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.


D K Enterprises Global Days Inventory Related Terms

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


D K Enterprises Global (NSE:DKEGL) Business Description

Traded in Other Exchanges
N/A
Address
Plot Number - 235, Industrial Area Phase-2, Panchkula, HR, IND, 134109
D K Enterprises Global Ltd manufactures paper-based packaging materials, self-adhesive tapes, and laminated products. The company operates in the business segment of BOPP Tape & laminates and Corrugated boxes & sleeve rolls. The company generates revenue from the BOPP tape and Laminates segment.

D K Enterprises Global (NSE:DKEGL) Headlines

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