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Sundaram Brake Linings (BOM:590072) Days Inventory : 88.70 (As of Mar. 2024)


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What is Sundaram Brake Linings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sundaram Brake Linings's Average Total Inventories for the three months ended in Mar. 2024 was ₹446 Mil. Sundaram Brake Linings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹459 Mil. Hence, Sundaram Brake Linings's Days Inventory for the three months ended in Mar. 2024 was 88.70.

The historical rank and industry rank for Sundaram Brake Linings's Days Inventory or its related term are showing as below:

BOM:590072' s Days Inventory Range Over the Past 10 Years
Min: 75   Med: 88.33   Max: 103.46
Current: 96.4

During the past 13 years, Sundaram Brake Linings's highest Days Inventory was 103.46. The lowest was 75.00. And the median was 88.33.

BOM:590072's Days Inventory is ranked worse than
61.42% of 1257 companies
in the Vehicles & Parts industry
Industry Median: 81.74 vs BOM:590072: 96.40

Sundaram Brake Linings's Days Inventory declined from Mar. 2023 (97.87) to Mar. 2024 (88.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sundaram Brake Linings's Inventory Turnover for the three months ended in Mar. 2024 was 1.03.

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. Sundaram Brake Linings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.50.


Sundaram Brake Linings Days Inventory Historical Data

The historical data trend for Sundaram Brake Linings'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.

Sundaram Brake Linings Days Inventory Chart

Sundaram Brake Linings 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 103.46 99.63 83.80 88.95 99.08

Sundaram Brake Linings 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 97.87 96.27 96.42 99.03 88.70

Competitive Comparison of Sundaram Brake Linings's Days Inventory

For the Auto Parts subindustry, Sundaram Brake Linings'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.


Sundaram Brake Linings's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sundaram Brake Linings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sundaram Brake Linings's Days Inventory falls into.



Sundaram Brake Linings Days Inventory Calculation

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

Sundaram Brake Linings'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
=( (556.705 + 445.773) / 2 ) / 1846.554*365
=501.239 / 1846.554*365
=99.08

Sundaram Brake Linings'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 + 445.773) / 1 ) / 458.579*365 / 4
=445.773 / 458.579*365 / 4
=88.70

* 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.


Sundaram Brake Linings  (BOM:590072) 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.

Sundaram Brake Linings'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.

Sundaram Brake Linings'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.


Sundaram Brake Linings Days Inventory Related Terms

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


Sundaram Brake Linings (BOM:590072) Business Description

Traded in Other Exchanges
Address
Padi, Chennai, TN, IND, 600 050
Sundaram Brake Linings Ltd is involved in the manufacture of automotive, non-automotive, railways, and industrial friction materials. Their products are used as raw materials for commercial vehicles, passenger cars, tractors (agricultural), railways, and the two-wheeler industry. Geographically, it derives a majority of revenue from India. The company offers products, including Brake Linings, Clutch Facings, Disc Brake pads, and others. Its only operating segment being friction materials.

Sundaram Brake Linings (BOM:590072) Headlines

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