GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » JK Lakshmi Cement Ltd (NSE:JKLAKSHMI) » Definitions » Days Inventory

JK Lakshmi Cement (NSE:JKLAKSHMI) Days Inventory : 238.43 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is JK Lakshmi Cement Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JK Lakshmi Cement's Average Total Inventories for the three months ended in Dec. 2023 was ₹8,241 Mil. JK Lakshmi Cement's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹3,154 Mil. Hence, JK Lakshmi Cement's Days Inventory for the three months ended in Dec. 2023 was 238.43.

The historical rank and industry rank for JK Lakshmi Cement's Days Inventory or its related term are showing as below:

NSE:JKLAKSHMI' s Days Inventory Range Over the Past 10 Years
Min: 65.82   Med: 88.87   Max: 132.75
Current: 107.97

During the past 13 years, JK Lakshmi Cement's highest Days Inventory was 132.75. The lowest was 65.82. And the median was 88.87.

NSE:JKLAKSHMI's Days Inventory is ranked worse than
61.25% of 369 companies
in the Building Materials industry
Industry Median: 83.78 vs NSE:JKLAKSHMI: 107.97

JK Lakshmi Cement's Days Inventory declined from Sep. 2022 (339.64) to Dec. 2023 (238.43).

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. JK Lakshmi Cement's Inventory Turnover for the three months ended in Dec. 2023 was 0.38.

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. JK Lakshmi Cement's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.48.


JK Lakshmi Cement Days Inventory Historical Data

The historical data trend for JK Lakshmi Cement'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.

JK Lakshmi Cement Days Inventory Chart

JK Lakshmi Cement 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 111.54 74.29 70.09 73.29 81.19

JK Lakshmi Cement Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only 339.64 357.78 32.53 221.73 238.43

Competitive Comparison of JK Lakshmi Cement's Days Inventory

For the Building Materials subindustry, JK Lakshmi Cement'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.


JK Lakshmi Cement's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, JK Lakshmi Cement's Days Inventory distribution charts can be found below:

* The bar in red indicates where JK Lakshmi Cement's Days Inventory falls into.



JK Lakshmi Cement Days Inventory Calculation

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

JK Lakshmi Cement'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
=( (5810 + 8416) / 2 ) / 31978.3*365
=7113 / 31978.3*365
=81.19

JK Lakshmi Cement's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (8241.2 + 0) / 1 ) / 3154*365 / 4
=8241.2 / 3154*365 / 4
=238.43

* 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.


JK Lakshmi Cement  (NSE:JKLAKSHMI) 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.

JK Lakshmi Cement's Inventory Turnover for the three months ended in Dec. 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.

JK Lakshmi Cement's Inventory to Revenue for the three months ended in Dec. 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.


JK Lakshmi Cement Days Inventory Related Terms

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


JK Lakshmi Cement (NSE:JKLAKSHMI) Business Description

Traded in Other Exchanges
Address
4, Bahadur Shah Zafar Marg, Nehru House, New Delhi, IND, 110002
JK Lakshmi Cement Ltd is a building materials holdings company. The company manufacturers multiple types of cement and cement-related products. JK Lakshmi also manufactures Plaster of Paris (POP), autoclavet aerated concrete block, and JK Lakshmi Pro+, the firm's flagship cement product. JK Lakshmi also produces three various types of concrete, including two types of common grey cement, labeled 53 Grade ordinary Portland cement (OPC) and 43 Grade OPC. The third type is Portland Pozzolana Cement (PPC) (Blended), which is created to prevent cracking. The company generates the vast majority of its revenue in India.

JK Lakshmi Cement (NSE:JKLAKSHMI) Headlines

No Headlines