Days Inventory is also known as Days Sales of Inventory (DSI). JSW Steel's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹338,420 Mil. JSW Steel's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹230,980 Mil.
Hence, JSW Steel's Days Inventory for the
three
months ended in Dec. 2023 was 133.69.
The historical rank and industry rank for JSW Steel's Days Inventory or its related term are showing as below:
BOM:500228'
s Days Inventory Range Over the Past 10 Years
Min: 76.28 Med: 112.12 Max: 140.14
Current: 111.84
During the past 13 years, JSW Steel's highest Days Inventory was 140.14. The lowest was 76.28. And the median was 112.12.
BOM:500228's Days Inventory is ranked worse than 65.27% of 573
companies
in the Steel industry
Industry Median: 86.42
vs BOM:500228: 111.84
JSW Steel's Days Inventory
increased
from Dec. 2022 (127.65) to Dec. 2023 (133.69).
It might indicate that JSW Steel's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
JSW Steel's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.68.
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.
JSW Steel's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.82.
JSW Steel Days Inventory Historical Data
The historical data trend for JSW Steel'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 JSW Steel's Days Inventory
For the Steel subindustry, JSW Steel'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.
JSW Steel's Days Inventory Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, JSW Steel's Days Inventory distribution charts can be found below:
* The bar in red indicates where JSW Steel's Days Inventory falls into.
JSW Steel Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
JSW Steel's Days Inventory for the fiscal year that ended in Mar. 2023 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.
JSW Steel (BOM:500228) 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.
JSW Steel's Inventory Turnover for the
three
months ended in Dec. 2023 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.
JSW Steel's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
JSW Steel Days Inventory Related Terms
Thank you for viewing the detailed overview of JSW Steel's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
JSW Steel Ltd is an India-based company that is engaged in the business of manufacturing and selling steel products. Its steel products include semis, hot-rolled steel, cold-rolled steel, galvanized steel, color-coated steel, and long products. Its flat steel products (including hot-rolled, cold-rolled, and galvanized products), which account for the majority of the company's steel volume, are used in Indian automotive, construction, infrastructure, engineering, and consumer durable industries. Its long products, which account for the second-largest share of the company's steel volume, are used in the Indian construction, infrastructure, and automotive industries. The company generates the majority of its revenue from the Indian domestic market.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:500228 has been successfully added to your 