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SAR Auto Products (BOM:538992) Days Inventory : 22.72 (As of Dec. 2023)


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What is SAR Auto Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SAR Auto Products's Average Total Inventories for the three months ended in Dec. 2023 was ₹9.8 Mil. SAR Auto Products's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹39.2 Mil. Hence, SAR Auto Products's Days Inventory for the three months ended in Dec. 2023 was 22.72.

The historical rank and industry rank for SAR Auto Products's Days Inventory or its related term are showing as below:

BOM:538992' s Days Inventory Range Over the Past 10 Years
Min: 17.72   Med: 111.05   Max: 314.36
Current: 17.72

During the past 10 years, SAR Auto Products's highest Days Inventory was 314.36. The lowest was 17.72. And the median was 111.05.

BOM:538992's Days Inventory is ranked better than
96.97% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.39 vs BOM:538992: 17.72

SAR Auto Products's Days Inventory declined from Dec. 2022 (35.55) to Dec. 2023 (22.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. SAR Auto Products's Inventory Turnover for the three months ended in Dec. 2023 was 4.02.

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. SAR Auto Products's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.17.


SAR Auto Products Days Inventory Historical Data

The historical data trend for SAR Auto Products'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.

SAR Auto Products Days Inventory Chart

SAR Auto Products 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 53.70 43.22 35.49 18.55 27.36

SAR Auto Products 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 35.55 13.69 32.62 24.79 22.72

Competitive Comparison of SAR Auto Products's Days Inventory

For the Auto Parts subindustry, SAR Auto Products'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.


SAR Auto Products's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where SAR Auto Products's Days Inventory falls into.



SAR Auto Products Days Inventory Calculation

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

SAR Auto Products'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
=( (4.061 + 8.006) / 2 ) / 80.494*365
=6.0335 / 80.494*365
=27.36

SAR Auto Products'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
=( (9.754 + 0) / 1 ) / 39.174*365 / 4
=9.754 / 39.174*365 / 4
=22.72

* 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.


SAR Auto Products  (BOM:538992) 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.

SAR Auto Products'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.

SAR Auto Products'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.


SAR Auto Products Days Inventory Related Terms

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


SAR Auto Products (BOM:538992) Business Description

Traded in Other Exchanges
N/A
Address
50-E, Bhaktinagar Industrial Estate, Rajkot, GJ, IND, 360002
SAR Auto Products Ltd is carrying on the business of manufacturing auto components. The company manufactures auto components comprising of automobile gears like a spur, helical, straight bevel, sprockets along with transmission spline shaft, couplings and power takeoff clutches which are used for transmission, engine, and differential gearboxes. It operates in the manufacturing segment. The company caters to both domestic and international markets.

SAR Auto Products (BOM:538992) Headlines

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