Days Inventory is also known as Days Sales of Inventory (DSI). Blue Star's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹14,072 Mil. Blue Star's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹25,388 Mil.
Hence, Blue Star's Days Inventory for the
three
months ended in Mar. 2024 was 50.58.
The historical rank and industry rank for Blue Star's Days Inventory or its related term are showing as below:
BOM:500067'
s Days Inventory Range Over the Past 10 Years
Min: 66 Med: 77.01 Max: 97.44
Current: 69.05
During the past 13 years, Blue Star's highest Days Inventory was 97.44. The lowest was 66.00. And the median was 77.01.
BOM:500067's Days Inventory is ranked worse than 58.92% of 1395
companies
in the Construction industry
Industry Median: 48.64
vs BOM:500067: 69.05
Blue Star's Days Inventory
declined
from Mar. 2023 (64.99) to Mar. 2024 (50.58).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Blue Star's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.80.
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.
Blue Star's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.42.
Blue Star Days Inventory Historical Data
The historical data trend for Blue Star'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 Blue Star's Days Inventory
For the Building Products & Equipment subindustry, Blue Star'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.
Blue Star's Days Inventory Distribution in the Construction Industry
For the Construction industry and Industrials sector, Blue Star's Days Inventory distribution charts can be found below:
* The bar in red indicates where Blue Star's Days Inventory falls into.
Blue Star Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Blue Star'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.
Blue Star (BOM:500067) 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.
Blue Star'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.
Blue Star'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.
Blue Star Days Inventory Related Terms
Thank you for viewing the detailed overview of Blue Star's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Blue Star Ltd is an India-based air conditioning and commercial refrigeration company. It serves corporate, commercial, and residential entities. The company's operating segment includes Electro-Mechanical Projects and Commercial Air Conditioning Systems; Unitary Products and Professional Electronics and Industrial Systems. It generates maximum revenue from the Electro-Mechanical Projects and Commercial Air-conditioning Systems segment which includes central air-conditioning projects, Electrical Contracting business, and Packaged air-conditioning businesses including manufacturing and after-sales service.
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