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Menon Pistons (BOM:531727) Days Inventory : 71.80 (As of Dec. 2023)


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What is Menon Pistons Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Menon Pistons's Average Total Inventories for the three months ended in Dec. 2023 was ₹209 Mil. Menon Pistons's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹266 Mil. Hence, Menon Pistons's Days Inventory for the three months ended in Dec. 2023 was 71.80.

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

BOM:531727' s Days Inventory Range Over the Past 10 Years
Min: 53.7   Med: 72.75   Max: 120.55
Current: 53.7

During the past 13 years, Menon Pistons's highest Days Inventory was 120.55. The lowest was 53.70. And the median was 72.75.

BOM:531727's Days Inventory is ranked better than
72.99% of 1255 companies
in the Vehicles & Parts industry
Industry Median: 80.85 vs BOM:531727: 53.70

Menon Pistons's Days Inventory declined from Dec. 2022 (91.87) to Dec. 2023 (71.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Menon Pistons's Inventory Turnover for the three months ended in Dec. 2023 was 1.27.

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. Menon Pistons's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.35.


Menon Pistons Days Inventory Historical Data

The historical data trend for Menon Pistons'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.

Menon Pistons Days Inventory Chart

Menon Pistons 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 55.67 86.62 77.81 59.65 58.45

Menon Pistons 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 91.87 29.29 71.11 68.29 71.80

Competitive Comparison of Menon Pistons's Days Inventory

For the Auto Parts subindustry, Menon Pistons'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.


Menon Pistons's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Menon Pistons's Days Inventory falls into.



Menon Pistons Days Inventory Calculation

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

Menon Pistons'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
=( (275.782 + 271.462) / 2 ) / 1708.677*365
=273.622 / 1708.677*365
=58.45

Menon Pistons'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
=( (209.421 + 0) / 1 ) / 266.163*365 / 4
=209.421 / 266.163*365 / 4
=71.80

* 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.


Menon Pistons  (BOM:531727) 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.

Menon Pistons'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.

Menon Pistons'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.


Menon Pistons Days Inventory Related Terms

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


Menon Pistons (BOM:531727) Business Description

Traded in Other Exchanges
N/A
Address
182, Shiroli, Kolhapur, MH, IND, 416122
Menon Pistons Ltd engages in the manufacturing and trade of automotive parts and components. It offers pistons, gudgeon pins; gallery cut section, and rings. The company's products include cooled gallery section, articulated and Kirloskar Copeland pistons, and others for commercial vehicles, tractors, passenger cars, and heavy duty stationery engines. It has only one segment of activity namely Automotive Component.

Menon Pistons (BOM:531727) Headlines

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