Tata Motors (Tata Motors) Days Inventory : 61.60 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Tata Motors Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tata Motors's Average Total Inventories for the three months ended in Dec. 2023 was $5,536 Mil. Tata Motors's Cost of Goods Sold for the three months ended in Dec. 2023 was $8,201 Mil. Hence, Tata Motors's Days Inventory for the three months ended in Dec. 2023 was 61.60.

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

TTM' s Days Inventory Range Over the Past 10 Years
Min: 56.95 Med: 71.05 Max: 463.51
Current: 214.76

During the past 13 years, Tata Motors's highest Days Inventory was 463.51. The lowest was 56.95. And the median was 71.05.

TTM's Days Inventory is ranked worse than
92.21% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.295 vs TTM: 214.76

Tata Motors's Days Inventory declined from Dec. 2022 (61.86) to Dec. 2023 (61.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tata Motors's Inventory Turnover for the three months ended in Dec. 2023 was 1.48.

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. Tata Motors's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.42.

Tata Motors Days Inventory Historical Data

The historical data trend for Tata Motors'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.

Tata Motors Days Inventory Chart

Tata Motors Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

73.94

82.08

79.70

427.12

480.65

Tata Motors Quarterly Data
	Mar13	Dec13	Mar14	Dec14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															61.86	-	58.28	62.72	61.60

Competitive Comparison of Tata Motors's Days Inventory

For the Auto Manufacturers subindustry, Tata Motors'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.

Tata Motors's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Tata Motors's Days Inventory falls into.

Tata Motors Days Inventory Calculation

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

Tata Motors'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
=	( (4625.348	+	4954.069)	/	2 )	/	3637.226	*	365
=	4789.7085					/	3637.226	*	365
=	480.65

Tata Motors'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
=	( (5535.934	+	0)	/	1 )	/	8201.128	*	365 / 4
=	5535.934					/	8201.128	*	365 / 4
=	61.60

Tata Motors (NYSE:TTM) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8201.128	/	5535.934
	=	1.48

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5535.934	/	13188.462
	=	0.42

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.

Tata Motors Days Inventory Related Terms

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

Tata Motors (Tata Motors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tata Motors Ltd (NYSE:TTM) » Definitions » Days Inventory

Traded in Other Exchanges

TATAMTRDVR:India TATAMOTORS:India 570001:India 500570:India

Address

24, Homi Mody Street, Bombay House, Mumbai, MH, IND, 400 001

Website

https://www.tatamotors.com

Tata Motors Ltd is an automobile manufacturer company. The company's segment includes Automotive and others. The Automotive segment consists of four reportable sub-segments: Tata Commercial Vehicles, Tata Passenger Vehicles, Jaguar Land Rover, and Vehicle Financing. Others consist of IT services and Insurance Broking services. Geographically, it derives a majority of its revenue from India.