Gabriel India (NSE:GABRIEL) Days Inventory : 37.06 (As of Dec. 2023)

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What is Gabriel India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gabriel India's Average Total Inventories for the three months ended in Dec. 2023 was ₹2,468 Mil. Gabriel India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹6,077 Mil. Hence, Gabriel India's Days Inventory for the three months ended in Dec. 2023 was 37.06.

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

NSE:GABRIEL' s Days Inventory Range Over the Past 10 Years
Min: 34.5 Med: 39.93 Max: 50.1
Current: 35.92

During the past 13 years, Gabriel India's highest Days Inventory was 50.10. The lowest was 34.50. And the median was 39.93.

NSE:GABRIEL's Days Inventory is ranked better than
87.49% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 81.83 vs NSE:GABRIEL: 35.92

Gabriel India's Days Inventory declined from Dec. 2022 (42.90) to Dec. 2023 (37.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gabriel India's Inventory Turnover for the three months ended in Dec. 2023 was 2.46.

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. Gabriel India's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.30.

Gabriel India Days Inventory Historical Data

The historical data trend for Gabriel India'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.

Gabriel India Days Inventory Chart

Gabriel India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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37.46

42.17

50.10

40.99

34.50

Gabriel India Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															42.90	34.62	34.04	34.61	37.06

Competitive Comparison of Gabriel India's Days Inventory

For the Auto Parts subindustry, Gabriel India'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.

Gabriel India's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gabriel India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gabriel India's Days Inventory falls into.

Gabriel India Days Inventory Calculation

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

Gabriel India'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
=	( (2099.76	+	2248.07)	/	2 )	/	23001.68	*	365
=	2173.915					/	23001.68	*	365
=	34.50

Gabriel India'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
=	( (2467.9	+	0)	/	1 )	/	6076.74	*	365 / 4
=	2467.9					/	6076.74	*	365 / 4
=	37.06

Gabriel India (NSE:GABRIEL) 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.

Gabriel India's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6076.74	/	2467.9
	=	2.46

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.

Gabriel India's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2467.9	/	8154.34
	=	0.30

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.

Gabriel India Days Inventory Related Terms

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

Gabriel India (NSE:GABRIEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gabriel India Ltd (NSE:GABRIEL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

505714:India

Address

29th Milestone, Pune-Nashik Highway, Village Kuruli, Taluka Khed, Pune, MH, IND, 410 501

Website

http://www.gabrielindia.com

Gabriel India Ltd is an Indian company that manufactures and sells auto components. It offers ride-control products catering to all segments of the automotive industry. The company provides a wide range of ride control products including Shock absorbers, Struts, Axle dampers, Cabin dampers and seat dampers, and Front forks, among others. The company primarily operates in India, and its products are also marketed outside India. It generates key revenue from within India. The customers of the company cover four-wheelers, two and three-wheelers, and commercial vehicles and railways, of which major revenue is derived from two and three-wheelers.

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