The historical rank and industry rank for Hindustan Foods's Days Inventory or its related term are showing as below:
NSE:HNDFDS'
s Days Inventory Range Over the Past 10 Years
Min: 31.57 Med: 44.64 Max: 64.62
Current: 64.62
During the past 13 years, Hindustan Foods's highest Days Inventory was 64.62. The lowest was 31.57. And the median was 44.64.
NSE:HNDFDS's Days Inventory is ranked better than 63.84% of 1781
companies
in the Consumer Packaged Goods industry
Industry Median: 82.52
vs NSE:HNDFDS: 64.62
Hindustan Foods's Days Inventory
increased
from Mar. 2023 (51.92) to Mar. 2024 (72.11).
It might indicate that Hindustan Foods's sales slowed down.
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.
Hindustan Foods's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.27.
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.
Hindustan Foods's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.68.
Hindustan Foods Days Inventory Historical Data
The historical data trend for Hindustan Foods'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.
Competitive Comparison of Hindustan Foods's Days Inventory
For the Packaged Foods subindustry, Hindustan Foods'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.
Hindustan Foods's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hindustan Foods's Days Inventory distribution charts can be found below:
* The bar in red indicates where Hindustan Foods's Days Inventory falls into.
Hindustan Foods Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Hindustan Foods's Days Inventory for the fiscal year that ended in Mar. 2024 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.
Hindustan Foods (NSE:HNDFDS) 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.
Hindustan Foods's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Hindustan Foods's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Hindustan Foods Days Inventory Related Terms
Thank you for viewing the detailed overview of Hindustan Foods's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Hindustan Foods Ltd is an India-based company that is engaged in manufacturing nutritional food products such as cereal-based food products and a range of instant mixes, baby foods, instant porridges, breakfast cereals and health drinks. The company focuses on delivering several variants of porridge such as natural, chocolate, lite, diabetes care and ragi rich under the brand name of Bonny Mix. Its operating segment includes Contract manufacturing and other business for manufacturing and sale under its own Brand name. The company generates maximum revenue from the Contract manufacturing segment. Geographically the company generates the majority of its revenue from India.
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