Felix Industries (NSE:FELIX) Days Inventory : 120.33 (As of Mar. 2023)

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What is Felix Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Felix Industries's Average Total Inventories for the six months ended in Mar. 2023 was ₹45.3 Mil. Felix Industries's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹68.7 Mil. Hence, Felix Industries's Days Inventory for the six months ended in Mar. 2023 was 120.33.

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

NSE:FELIX' s Days Inventory Range Over the Past 10 Years
Min: 49.69 Med: 106.88 Max: 698.01
Current: 126.46

During the past 11 years, Felix Industries's highest Days Inventory was 698.01. The lowest was 49.69. And the median was 106.88.

NSE:FELIX's Days Inventory is ranked worse than
87.62% of 210 companies
in the Waste Management industry
Industry Median: 22.785 vs NSE:FELIX: 126.46

Felix Industries's Days Inventory increased from Mar. 2022 (103.46) to Mar. 2023 (120.33). It might indicate that Felix Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Felix Industries's Inventory Turnover for the six months ended in Mar. 2023 was 1.52.

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. Felix Industries's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.46.

Felix Industries Days Inventory Historical Data

The historical data trend for Felix Industries'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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Felix Industries Days Inventory Chart

Felix Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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258.14

698.01

363.71

128.85

122.62

Felix Industries 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												234.15	200.36	103.46	140.27	120.33

Competitive Comparison of Felix Industries's Days Inventory

For the Waste Management subindustry, Felix Industries'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.

Felix Industries's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Felix Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Felix Industries's Days Inventory falls into.

Felix Industries Days Inventory Calculation

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

Felix Industries'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
=	( (29.107	+	48.298)	/	2 )	/	115.201	*	365
=	38.7025					/	115.201	*	365
=	122.62

Felix Industries'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
=	( (42.333	+	48.298)	/	2 )	/	68.727	*	365 / 2
=	45.3155					/	68.727	*	365 / 2
=	120.33

Felix Industries (NSE:FELIX) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	68.727	/	45.3155
	=	1.52

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	45.3155	/	98.846
	=	0.46

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.

Felix Industries Days Inventory Related Terms

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

Felix Industries (NSE:FELIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Felix Industries Ltd (NSE:FELIX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Mithakhali Cross Road, Ellisbridge, No. 208, Devshruti Complex, Opposite HCG Hospital, Ahmedabad, GJ, IND, 380006

Website

https://www.felixindustries.co

Felix Industries Ltd is an Indian company engaged in water collection, treatment, and supply. It offers solutions for water, and wastewater management by way of Reverse Osmosis Systems, Effluent Recycling Systems, and Zero Liquid Discharge Systems. The company provides services in the areas of water and wastewater engineering, industrial piping division, and E-waste recycling.

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