KCK Industries (NSE:KCK) Days Inventory : 85.01 (As of Mar. 2023)

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What is KCK Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KCK Industries's Average Total Inventories for the six months ended in Mar. 2023 was ₹270.8 Mil. KCK Industries's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹581.4 Mil. Hence, KCK Industries's Days Inventory for the six months ended in Mar. 2023 was 85.01.

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

NSE:KCK' s Days Inventory Range Over the Past 10 Years
Min: 17.78 Med: 37.95 Max: 135.5
Current: 106.76

During the past 5 years, KCK Industries's highest Days Inventory was 135.50. The lowest was 17.78. And the median was 37.95.

NSE:KCK's Days Inventory is ranked better than
60.24% of 1001 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 131.33 vs NSE:KCK: 106.76

KCK Industries's Days Inventory increased from Mar. 2022 (79.36) to Mar. 2023 (85.01). It might indicate that KCK Industries'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. KCK Industries's Inventory Turnover for the six months ended in Mar. 2023 was 2.15.

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. KCK Industries's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.41.

KCK Industries Days Inventory Historical Data

The historical data trend for KCK 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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KCK Industries Days Inventory Chart

KCK Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

37.95

17.78

21.79

67.58

135.50

KCK Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Inventory	Get a 7-Day Free Trial			-	38.51	79.36	108.92	85.01

Competitive Comparison of KCK Industries's Days Inventory

For the Textile Manufacturing subindustry, KCK 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.

KCK Industries's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

KCK Industries Days Inventory Calculation

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

KCK 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
=	( (196.023	+	428.139)	/	2 )	/	840.651	*	365
=	312.081					/	840.651	*	365
=	135.50

KCK 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
=	( (113.466	+	428.139)	/	2 )	/	581.382	*	365 / 2
=	270.8025					/	581.382	*	365 / 2
=	85.01

KCK Industries (NSE:KCK) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	581.382	/	270.8025
	=	2.15

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	270.8025	/	660.336
	=	0.41

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.

KCK Industries Days Inventory Related Terms

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

KCK Industries (NSE:KCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » KCK Industries Ltd (NSE:KCK) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Village Khokhar Kalan, Lehragaga, District Sangrur, Sangrur, PB, IND, 148031

Website

https://www.kckindustriesltd.com

KCK Industries Ltd is engaged in the business of trading and distribution of high-quality combed and carded cotton yarns in single and multifold and knitted fabrics. Its trading business also includes trading and distribution of high-quality chemicals and dyes for the textiles industry, leather, and paper industries. It also deals in Construction Chemicals. It supplies a diverse product portfolio in the chemicals and dyes segment. Its segments include the Trading segment and the Manufacturing / Processing Segment. It derives the majority of the revenue from Manufacturing / Processing Segment that engages in processing the non-basmati and basmati rice.

KCK Industries (NSE:KCK) Headlines

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