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TVS Motor Co (BOM:532343) Days Inventory : 33.38 (As of Mar. 2024)


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What is TVS Motor Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TVS Motor Co's Average Total Inventories for the three months ended in Mar. 2024 was ₹22,484 Mil. TVS Motor Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹61,456 Mil. Hence, TVS Motor Co's Days Inventory for the three months ended in Mar. 2024 was 33.38.

The historical rank and industry rank for TVS Motor Co's Days Inventory or its related term are showing as below:

BOM:532343' s Days Inventory Range Over the Past 10 Years
Min: 30.54   Med: 35.78   Max: 41.47
Current: 33.55

During the past 13 years, TVS Motor Co's highest Days Inventory was 41.47. The lowest was 30.54. And the median was 35.78.

BOM:532343's Days Inventory is ranked better than
89.26% of 1257 companies
in the Vehicles & Parts industry
Industry Median: 81.74 vs BOM:532343: 33.55

TVS Motor Co's Days Inventory declined from Mar. 2023 (34.37) to Mar. 2024 (33.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. TVS Motor Co's Inventory Turnover for the three months ended in Mar. 2024 was 2.73.

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. TVS Motor Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.22.


TVS Motor Co Days Inventory Historical Data

The historical data trend for TVS Motor Co'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.

TVS Motor Co Days Inventory Chart

TVS Motor Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.58 35.95 33.66 31.20 31.18

TVS Motor Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 34.37 30.83 37.02 37.29 33.38

Competitive Comparison of TVS Motor Co's Days Inventory

For the Auto Manufacturers subindustry, TVS Motor Co'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.


TVS Motor Co's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where TVS Motor Co's Days Inventory falls into.



TVS Motor Co Days Inventory Calculation

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

TVS Motor Co's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (19215.1 + 22484) / 2 ) / 244052.5*365
=20849.55 / 244052.5*365
=31.18

TVS Motor Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 22484) / 1 ) / 61456*365 / 4
=22484 / 61456*365 / 4
=33.38

* 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.


TVS Motor Co  (BOM:532343) 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.

TVS Motor Co's Inventory Turnover for the three months ended in Mar. 2024 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.

TVS Motor Co's Inventory to Revenue for the three months ended in Mar. 2024 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.


TVS Motor Co Days Inventory Related Terms

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


TVS Motor Co (BOM:532343) Business Description

Traded in Other Exchanges
Address
No. 12, Khader Nawaz Khan Road, Chaitanya, Nungambakkam, Chennai, TN, IND, 600 006
TVS Motor Co Ltd is an Indian automobile manufacturing company focused on the production of two-wheeled vehicles. The company principally manufactures motorcycles, scooters, mopeds, three-wheelers, and related spare parts and accessories. The company's operating divisions are Automotive vehicles and parts, Automotive Components, Financial Services, and Others. The company generates a majority of its revenue from the Automotive vehicles and parts division.

TVS Motor Co (BOM:532343) Headlines

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