Days in Inventory Excel Template

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X Ltd. has a closing Inventory in its Balance Sheet at INR 20000 and
its Cost of Goods Sold stands INR 100000. Find Days Sales in inventory.

Closing Inventory 20000

Cost of Goods Sold 100000

Days in Inventory is calculated as:

Days in Inventory =(Closing Stock /Cost of Goods Sold) × 365

Days in Inventory 73
Tata Steel limited has Closing Inventories for FY18 and FY 17 of INR 28,331.04 Cr
and INR 24,803.82 Cr respectively. The company’s Cost of Goods sold stand at
INR 41,205.43 Cr and INR 32,418.09 Cr respectively for FY18 and FY 17.
Find which financial year has a better Inventory Days?

Closing Inventory 24803.82

Cost of Goods Sold 32418.09

Days in Inventory for FY17 is calculated as:

Days in Inventory =(Closing Stock /Cost of Goods Sold) × 365

Days in Inventory for FY17 279.27

Closing Inventory 28331.04

Cost of Goods Sold 41205.43

Days in Inventory for FY18 is calculated as:

Days in Inventory =(Closing Stock /Cost of Goods Sold) × 365

Days in Inventory for FY18 250.96

Nocil limited has Closing Inventories for FY18 and FY17 of INR 155.27 Cr
and INR 114.58 Cr respectively. The company’s Cost of Goods sold to stand
at INR 444.19 Cr and INR 330.03 Cr respectively for FY18 and FY17.
Find which financial year has better Inventory Days?

Closing Inventory 114.58

Cost of Goods Sold 330.03

Days in Inventory for FY17 is calculated as:

Days in Inventory =(Closing Stock /Cost of Goods Sold) × 365

Days in Inventory for FY17 126.72

Closing Inventory 155.27

Cost of Goods Sold 444.19

Days in Inventory for FY18 is calculated as:

Days in Inventory =(Closing Stock /Cost of Goods Sold) × 365

Days in Inventory for FY18 127.59