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Starlit Power Systems (BOM:538733) Days Inventory : 118.03 (As of Dec. 2023)


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What is Starlit Power Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Starlit Power Systems's Average Total Inventories for the three months ended in Dec. 2023 was ₹2.90 Mil. Starlit Power Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2.24 Mil. Hence, Starlit Power Systems's Days Inventory for the three months ended in Dec. 2023 was 118.03.

The historical rank and industry rank for Starlit Power Systems's Days Inventory or its related term are showing as below:

BOM:538733' s Days Inventory Range Over the Past 10 Years
Min: 66.15   Med: 117.18   Max: 177.47
Current: 92.33

During the past 9 years, Starlit Power Systems's highest Days Inventory was 177.47. The lowest was 66.15. And the median was 117.18.

BOM:538733's Days Inventory is ranked better than
66.11% of 2909 companies
in the Industrial Products industry
Industry Median: 120.85 vs BOM:538733: 92.33

Starlit Power Systems's Days Inventory declined from Dec. 2022 (271.12) to Dec. 2023 (118.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. Starlit Power Systems's Inventory Turnover for the three months ended in Dec. 2023 was 0.77.

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.


Starlit Power Systems Days Inventory Historical Data

The historical data trend for Starlit Power Systems'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.

Starlit Power Systems Days Inventory Chart

Starlit Power Systems Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 100.19 157.54 72.57 66.15 134.17

Starlit Power Systems 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 271.12 57.60 115.80 113.42 118.03

Competitive Comparison of Starlit Power Systems's Days Inventory

For the Electrical Equipment & Parts subindustry, Starlit Power Systems'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.


Starlit Power Systems's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Starlit Power Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where Starlit Power Systems's Days Inventory falls into.



Starlit Power Systems Days Inventory Calculation

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

Starlit Power Systems'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
=( (9.601 + 2.896) / 2 ) / 16.999*365
=6.2485 / 16.999*365
=134.17

Starlit Power Systems'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
=( (2.896 + 2.896) / 2 ) / 2.239*365 / 4
=2.896 / 2.239*365 / 4
=118.03

* 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.


Starlit Power Systems  (BOM:538733) 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.

Starlit Power Systems'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.

Starlit Power Systems'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.


Starlit Power Systems Days Inventory Related Terms

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


Starlit Power Systems (BOM:538733) Business Description

Traded in Other Exchanges
N/A
Address
A - 1/51, LGF, Safdarjung Enclave, New Delhi, IND, 110029
Starlit Power Systems Ltd is engaged in the manufacturing and distribution of Secondary Power Storage Batteries. It manufactures Batteries for Power storage- Inverters, UPS, Solar and also E-Mobility application.

Starlit Power Systems (BOM:538733) Headlines

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