Days Inventory is also known as Days Sales of Inventory (DSI). Singer India's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹679 Mil. Singer India's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹759 Mil.
Hence, Singer India's Days Inventory for the
three
months ended in Dec. 2023 was 81.67.
The historical rank and industry rank for Singer India's Days Inventory or its related term are showing as below:
BOM:505729'
s Days Inventory Range Over the Past 10 Years
Min: 42.64 Med: 69.26 Max: 89.23
Current: 85.33
During the past 13 years, Singer India's highest Days Inventory was 89.23. The lowest was 42.64. And the median was 69.26.
BOM:505729's Days Inventory is ranked better than 59.56% of 408
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.19
vs BOM:505729: 85.33
Singer India's Days Inventory
increased
from Dec. 2022 (79.07) to Dec. 2023 (81.67).
It might indicate that Singer India's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Singer India's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.12.
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.
Singer India's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.66.
Singer India Days Inventory Historical Data
The historical data trend for Singer 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.
Competitive Comparison of Singer India's Days Inventory
For the Furnishings, Fixtures & Appliances subindustry, Singer 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.
Singer India's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Singer India's Days Inventory distribution charts can be found below:
* The bar in red indicates where Singer India's Days Inventory falls into.
Singer India Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Singer India'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.
Singer India (BOM:505729) 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.
Singer India'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.
Singer India'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.
Singer India Days Inventory Related Terms
Thank you for viewing the detailed overview of Singer India's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Singer India Ltd is an Indian-based firm engaged in the business of trading and manufacturing sewing products and also conducts trading in domestic appliances. The company operates in two business segments namely, the Sewing machines and related accessories segment comprises of production and distribution of sewing products which includes sewing machine accessories and related products which also contribute to revenue, and the Domestic appliances segment includes steam irons, food processors, mixers, and air coolers. The majority of the revenue is from the Sewing machines and related accessories segment.
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