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Salora International (BOM:500370) Days Inventory : 36.42 (As of Dec. 2023)


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What is Salora International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Salora International's Average Total Inventories for the three months ended in Dec. 2023 was ₹177 Mil. Salora International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹444 Mil. Hence, Salora International's Days Inventory for the three months ended in Dec. 2023 was 36.42.

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

BOM:500370' s Days Inventory Range Over the Past 10 Years
Min: 39.5   Med: 102.43   Max: 209.09
Current: 58.5

During the past 13 years, Salora International's highest Days Inventory was 209.09. The lowest was 39.50. And the median was 102.43.

BOM:500370's Days Inventory is ranked better than
76.7% of 2408 companies
in the Hardware industry
Industry Median: 101.955 vs BOM:500370: 58.50

Salora International's Days Inventory declined from Dec. 2022 (78.45) to Dec. 2023 (36.42).

Inventory Turnover measures how fast the company turns over its inventory within a year. Salora International's Inventory Turnover for the three months ended in Dec. 2023 was 2.51.

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. Salora International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.38.


Salora International Days Inventory Historical Data

The historical data trend for Salora International'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.

Salora International Days Inventory Chart

Salora International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.92 116.62 209.09 207.43 88.24

Salora International Quarterly Data
Mar18 Mar19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.45 87.32 56.18 38.90 36.42

Competitive Comparison of Salora International's Days Inventory

For the Consumer Electronics subindustry, Salora International'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.


Salora International's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Salora International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Salora International's Days Inventory falls into.



Salora International Days Inventory Calculation

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

Salora International'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
=( (330.776 + 215.572) / 2 ) / 1129.988*365
=273.174 / 1129.988*365
=88.24

Salora International'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
=( (177.264 + 0) / 1 ) / 444.085*365 / 4
=177.264 / 444.085*365 / 4
=36.42

* 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.


Salora International  (BOM:500370) 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.

Salora International'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.

Salora International'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.


Salora International Days Inventory Related Terms

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


Salora International (BOM:500370) Business Description

Traded in Other Exchanges
N/A
Address
D-13/4, Okhla Industrial Area, Phase-II, New Delhi, IND, 110020
Salora International Ltd is engaged in the manufacturing and marketing of consumer electronic products. The company serves the consumer electronics, telecom, information technology, and lifestyle businesses. The Consumer Electronics division includes products like mobile phones, IT products, and accessories, loudspeakers, television sets, and smartphones.

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