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Nandani Creation (NSE:EQJAIPURKURT) Days Inventory : 414.01 (As of Mar. 2023)


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What is Nandani Creation Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nandani Creation's Average Total Inventories for the six months ended in Mar. 2023 was ₹240.8 Mil. Nandani Creation's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹106.1 Mil. Hence, Nandani Creation's Days Inventory for the six months ended in Mar. 2023 was 414.01.

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

NSE:EQJAIPURKURT' s Days Inventory Range Over the Past 10 Years
Min: 76.82   Med: 224.02   Max: 321.43
Current: 303.28

During the past 11 years, Nandani Creation's highest Days Inventory was 321.43. The lowest was 76.82. And the median was 224.02.

NSE:EQJAIPURKURT's Days Inventory is ranked worse than
88.6% of 1009 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 130.68 vs NSE:EQJAIPURKURT: 303.28

Nandani Creation's Days Inventory increased from Mar. 2022 (138.95) to Mar. 2023 (414.01). It might indicate that Nandani Creation's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nandani Creation's Inventory Turnover for the six months ended in Mar. 2023 was 0.44.

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. Nandani Creation's Inventory-to-Revenue for the six months ended in Mar. 2023 was 1.19.


Nandani Creation Days Inventory Historical Data

The historical data trend for Nandani Creation'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.

Nandani Creation Days Inventory Chart

Nandani Creation Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 271.88 312.76 321.43 193.92 298.55

Nandani Creation Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 241.77 346.40 138.95 237.57 414.01

Competitive Comparison of Nandani Creation's Days Inventory

For the Apparel Manufacturing subindustry, Nandani Creation'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.


Nandani Creation's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Nandani Creation's Days Inventory falls into.



Nandani Creation Days Inventory Calculation

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

Nandani Creation'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
=( (204.197 + 245.85) / 2 ) / 275.112*365
=225.0235 / 275.112*365
=298.55

Nandani Creation'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: Sep. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (235.723 + 245.85) / 2 ) / 106.142*365 / 2
=240.7865 / 106.142*365 / 2
=414.01

* 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.


Nandani Creation  (NSE:EQJAIPURKURT) 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.

Nandani Creation's Inventory Turnover for the six months ended in Mar. 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.

Nandani Creation's Inventory to Revenue for the six months ended in Mar. 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.


Nandani Creation Days Inventory Related Terms

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


Nandani Creation (NSE:EQJAIPURKURT) Business Description

Traded in Other Exchanges
N/A
Address
G-13, Kartarpura Industrial Area, Near 22 Godam, Jaipur, RJ, IND, 302006
Nandani Creation Ltd is engaged in Manufacturing, produced, import, export, wholesalers, trader, buyer, seller, job workers of dress materials, suits, sarees, and garments for men, women, and children including sportswear, activewear, daily wear, fashion wears, party wears wearing apparels purses, belts, wallets, and other allied good made from cotton, silk, synthetics, jute, velvet, woolen, leather, rexine. The company sells its products through its Website, jaipurkurti.com, and online portals to consumers and retail users. It derives the majority of its income from India.

Nandani Creation (NSE:EQJAIPURKURT) Headlines

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