Krishna Defence & Allied Industries (NSE:KRISHNADEF) Days Inventory : 320.83 (As of Sep. 2023)

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What is Krishna Defence & Allied Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Krishna Defence & Allied Industries's Average Total Inventories for the six months ended in Sep. 2023 was ₹294.7 Mil. Krishna Defence & Allied Industries's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹167.7 Mil. Hence, Krishna Defence & Allied Industries's Days Inventory for the six months ended in Sep. 2023 was 320.83.

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

NSE:KRISHNADEF' s Days Inventory Range Over the Past 10 Years
Min: 105.8 Med: 266.54 Max: 906.27
Current: 215.47

During the past 5 years, Krishna Defence & Allied Industries's highest Days Inventory was 906.27. The lowest was 105.80. And the median was 266.54.

NSE:KRISHNADEF's Days Inventory is ranked worse than
78.99% of 2904 companies
in the Industrial Products industry
Industry Median: 120.69 vs NSE:KRISHNADEF: 215.47

Krishna Defence & Allied Industries's Days Inventory declined from Sep. 2022 (634.54) to Sep. 2023 (320.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Krishna Defence & Allied Industries's Inventory Turnover for the six months ended in Sep. 2023 was 0.57.

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. Krishna Defence & Allied Industries's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.84.

Krishna Defence & Allied Industries Days Inventory Historical Data

The historical data trend for Krishna Defence & Allied 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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Krishna Defence & Allied Industries Days Inventory Chart

Krishna Defence & Allied Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

105.80

906.27

400.36

266.54

242.79

Krishna Defence & Allied Industries Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			346.77	222.53	634.54	158.97	320.83

Competitive Comparison of Krishna Defence & Allied Industries's Days Inventory

For the Specialty Industrial Machinery subindustry, Krishna Defence & Allied 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.

Krishna Defence & Allied Industries's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Krishna Defence & Allied Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Krishna Defence & Allied Industries's Days Inventory falls into.

Krishna Defence & Allied Industries Days Inventory Calculation

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

Krishna Defence & Allied 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
=	( (157.124	+	284.474)	/	2 )	/	331.938	*	365
=	220.799					/	331.938	*	365
=	242.79

Krishna Defence & Allied Industries's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (284.474	+	304.981)	/	2 )	/	167.654	*	365 / 2
=	294.7275					/	167.654	*	365 / 2
=	320.83

Krishna Defence & Allied Industries (NSE:KRISHNADEF) 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.

Krishna Defence & Allied Industries's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	167.654	/	294.7275
	=	0.57

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.

Krishna Defence & Allied Industries's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	294.7275	/	352.292
	=	0.84

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.

Krishna Defence & Allied Industries Days Inventory Related Terms

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

Krishna Defence & Allied Industries (NSE:KRISHNADEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Krishna Defence & Allied Industries Ltd (NSE:KRISHNADEF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vadivadi Road, 2nd Floor Office no.207, 208, Atlantis Heritage, Sarabhai campus, Vadodara, GJ, IND, 390023

Website

https://www.krishnaallied.com

Krishna Defence & Allied Industries Ltd develops, manufactures, and designs defence application products and kitchen and dairy equipment products. It manufactures and offers a wide range of products including Ballast Bricks, Improvised Explosive Device Containment Vessels, Automatic Tyre Killer, Crowd Control Barriers, Bulk milk cooler with thermal storage system, Cow Grooming Brush, Daal Cooker, Rice Storage Chute, Stainless Steel Milk Cans, Heat Recovery Unit, Bulk Cooking Equipment like Rice Cauldron, Ship Building Steel section and others. The company generates maximum revenue from the Defence Products segment.

Krishna Defence & Allied Industries (NSE:KRISHNADEF) Headlines

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