Days Inventory is also known as Days Sales of Inventory (DSI). Polycab India's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹36,751 Mil. Polycab India's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹41,792 Mil.
Hence, Polycab India's Days Inventory for the
three
months ended in Mar. 2024 was 80.24.
The historical rank and industry rank for Polycab India's Days Inventory or its related term are showing as below:
BOM:542652'
s Days Inventory Range Over the Past 10 Years
Min: 80.12 Med: 101.63 Max: 111.48
Current: 92.98
During the past 9 years, Polycab India's highest Days Inventory was 111.48. The lowest was 80.12. And the median was 101.63.
BOM:542652's Days Inventory is ranked better than 65.77% of 2913
companies
in the Industrial Products industry
Industry Median: 120.59
vs BOM:542652: 92.98
Polycab India's Days Inventory
increased
from Mar. 2023 (78.36) to Mar. 2024 (80.24).
It might indicate that Polycab India's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Polycab India's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.14.
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.
Polycab India's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.66.
Polycab India Days Inventory Historical Data
The historical data trend for Polycab India'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.
Competitive Comparison of Polycab India's Days Inventory
For the Electrical Equipment & Parts subindustry, Polycab India'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.
Polycab India's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Polycab India's Days Inventory distribution charts can be found below:
* The bar in red indicates where Polycab India's Days Inventory falls into.
Polycab India Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Polycab India's Days Inventory for the fiscal year that 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.
Polycab India (BOM:542652) 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.
Polycab India'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.
Polycab India'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.
Polycab India Days Inventory Related Terms
Thank you for viewing the detailed overview of Polycab India's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Polycab India Ltd is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods under the POLYCAB brand. The business activities are carried out through Wires and cables, Fast moving electrical goods (FMEG), and Others segment. It generates maximum revenue from the Wires and cables segment. Geographically, it derives a majority of revenue from India. Some of its products include Power cables, Control Cables, Instrumentation Cables, Optical Fibre Cables (OFC), Solar Cables, Building Cables, Flexible Wires, and others.
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