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G G Automotive Gears (BOM:531399) Days Inventory : 202.62 (As of Dec. 2023)


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What is G G Automotive Gears Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). G G Automotive Gears's Average Total Inventories for the three months ended in Dec. 2023 was ₹162.0 Mil. G G Automotive Gears's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹73.0 Mil. Hence, G G Automotive Gears's Days Inventory for the three months ended in Dec. 2023 was 202.62.

The historical rank and industry rank for G G Automotive Gears's Days Inventory or its related term are showing as below:

BOM:531399' s Days Inventory Range Over the Past 10 Years
Min: 51.41   Med: 84.55   Max: 125.9
Current: 97.93

During the past 7 years, G G Automotive Gears's highest Days Inventory was 125.90. The lowest was 51.41. And the median was 84.55.

BOM:531399's Days Inventory is ranked worse than
62.89% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 80.63 vs BOM:531399: 97.93

G G Automotive Gears's Days Inventory increased from Dec. 2022 (117.95) to Dec. 2023 (202.62). It might indicate that G G Automotive Gears's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. G G Automotive Gears's Inventory Turnover for the three months ended in Dec. 2023 was 0.45.

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. G G Automotive Gears's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.82.


G G Automotive Gears Days Inventory Historical Data

The historical data trend for G G Automotive Gears'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.

G G Automotive Gears Days Inventory Chart

G G Automotive Gears Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial 51.41 66.11 125.90 93.71 84.55

G G Automotive Gears 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 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 117.95 51.81 135.29 105.77 202.62

Competitive Comparison of G G Automotive Gears's Days Inventory

For the Auto Parts subindustry, G G Automotive Gears'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.


G G Automotive Gears's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where G G Automotive Gears's Days Inventory falls into.



G G Automotive Gears Days Inventory Calculation

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

G G Automotive Gears'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
=( (112.173 + 145.6) / 2 ) / 556.43*365
=128.8865 / 556.43*365
=84.55

G G Automotive Gears'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
=( (161.995 + 0) / 1 ) / 72.953*365 / 4
=161.995 / 72.953*365 / 4
=202.62

* 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.


G G Automotive Gears  (BOM:531399) 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.

G G Automotive Gears'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.

G G Automotive Gears'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.


G G Automotive Gears Days Inventory Related Terms

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


G G Automotive Gears (BOM:531399) Business Description

Traded in Other Exchanges
N/A
Address
A.B. Road, Plot Number 2-A, I. S. Gajra Industrial Area-1, Dewas, MP, IND, 455 001
G G Automotive Gears Ltd is an India-based company. It is engaged in designing, manufacturing, supplying, and servicing Gears, Pinions, and Gearboxes. Geographically, it operates and derives revenue from India. The company's product portfolio includes Railway Gears & Shafts, Forged Components & Machined Blanks, Industrial Gears & Gearboxes, Internal rings, Mining & Earth-moving Equipment Spares, Reduction gearboxes, Worm gears, and others.

G G Automotive Gears (BOM:531399) Headlines

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