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Divgi TorqTransfer Systems (BOM:543812) Days Inventory : 124.08 (As of Dec. 2023)


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What is Divgi TorqTransfer Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Divgi TorqTransfer Systems's Average Total Inventories for the three months ended in Dec. 2023 was ₹386 Mil. Divgi TorqTransfer Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹284 Mil. Hence, Divgi TorqTransfer Systems's Days Inventory for the three months ended in Dec. 2023 was 124.08.

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

BOM:543812' s Days Inventory Range Over the Past 10 Years
Min: 94.34   Med: 109.29   Max: 117.63
Current: 105.26

During the past 4 years, Divgi TorqTransfer Systems's highest Days Inventory was 117.63. The lowest was 94.34. And the median was 109.29.

BOM:543812's Days Inventory is ranked worse than
66.48% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.39 vs BOM:543812: 105.26

Divgi TorqTransfer Systems's Days Inventory increased from Dec. 2022 (115.33) to Dec. 2023 (124.08). It might indicate that Divgi TorqTransfer Systems's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Divgi TorqTransfer Systems's Inventory Turnover for the three months ended in Dec. 2023 was 0.74.

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. Divgi TorqTransfer Systems's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.61.


Divgi TorqTransfer Systems Days Inventory Historical Data

The historical data trend for Divgi TorqTransfer 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.

Divgi TorqTransfer Systems Days Inventory Chart

Divgi TorqTransfer Systems Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Days Inventory
116.85 117.63 101.72 94.34

Divgi TorqTransfer Systems Quarterly Data
Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.33 73.55 131.91 123.68 124.08

Competitive Comparison of Divgi TorqTransfer Systems's Days Inventory

For the Auto Parts subindustry, Divgi TorqTransfer 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.


Divgi TorqTransfer Systems's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Divgi TorqTransfer Systems's Days Inventory falls into.



Divgi TorqTransfer Systems Days Inventory Calculation

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

Divgi TorqTransfer 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
=( (300.75 + 318.85) / 2 ) / 1198.6*365
=309.8 / 1198.6*365
=94.34

Divgi TorqTransfer 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
=( (386.18 + 0) / 1 ) / 284.01*365 / 4
=386.18 / 284.01*365 / 4
=124.08

* 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.


Divgi TorqTransfer Systems  (BOM:543812) 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.

Divgi TorqTransfer 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.

Divgi TorqTransfer 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.


Divgi TorqTransfer Systems Days Inventory Related Terms

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


Divgi TorqTransfer Systems (BOM:543812) Business Description

Traded in Other Exchanges
Address
MIDC, Bhosari, Plot No. 75, General Block, Pune, MH, IND, 411026
Divgi TorqTransfer Systems Ltd is engaged in the business as an automotive component entity. It develops and provides system level transfer case, torque coupler and dual clutch automatic transmissions solutions. The Company operates only in one business segment viz. Auto Components and Parts. The secondary segment is based on geographical demarcation, i.e. domestic and exports.

Divgi TorqTransfer Systems (BOM:543812) Headlines

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