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Jullundur Motor Agency (Delhi) (NSE:JMA) Days Inventory : 66.24 (As of Dec. 2023)


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What is Jullundur Motor Agency (Delhi) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jullundur Motor Agency (Delhi)'s Average Total Inventories for the three months ended in Dec. 2023 was ₹852 Mil. Jullundur Motor Agency (Delhi)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,173 Mil. Hence, Jullundur Motor Agency (Delhi)'s Days Inventory for the three months ended in Dec. 2023 was 66.24.

The historical rank and industry rank for Jullundur Motor Agency (Delhi)'s Days Inventory or its related term are showing as below:

NSE:JMA' s Days Inventory Range Over the Past 10 Years
Min: 50.59   Med: 63.67   Max: 78.69
Current: 65.7

During the past 10 years, Jullundur Motor Agency (Delhi)'s highest Days Inventory was 78.69. The lowest was 50.59. And the median was 63.67.

NSE:JMA's Days Inventory is ranked better than
62.34% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.39 vs NSE:JMA: 65.70

Jullundur Motor Agency (Delhi)'s Days Inventory increased from Dec. 2022 (63.83) to Dec. 2023 (66.24). It might indicate that Jullundur Motor Agency (Delhi)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jullundur Motor Agency (Delhi)'s Inventory Turnover for the three months ended in Dec. 2023 was 1.38.

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. Jullundur Motor Agency (Delhi)'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.63.


Jullundur Motor Agency (Delhi) Days Inventory Historical Data

The historical data trend for Jullundur Motor Agency (Delhi)'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.

Jullundur Motor Agency (Delhi) Days Inventory Chart

Jullundur Motor Agency (Delhi) 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 72.57 78.69 71.69 63.97 63.36

Jullundur Motor Agency (Delhi) 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 63.83 60.82 73.20 70.78 66.24

Competitive Comparison of Jullundur Motor Agency (Delhi)'s Days Inventory

For the Auto Parts subindustry, Jullundur Motor Agency (Delhi)'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.


Jullundur Motor Agency (Delhi)'s Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jullundur Motor Agency (Delhi)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Jullundur Motor Agency (Delhi)'s Days Inventory falls into.



Jullundur Motor Agency (Delhi) Days Inventory Calculation

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

Jullundur Motor Agency (Delhi)'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
=( (679.671 + 816.518) / 2 ) / 4309.545*365
=748.0945 / 4309.545*365
=63.36

Jullundur Motor Agency (Delhi)'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
=( (851.906 + 0) / 1 ) / 1173.496*365 / 4
=851.906 / 1173.496*365 / 4
=66.24

* 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.


Jullundur Motor Agency (Delhi)  (NSE:JMA) 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.

Jullundur Motor Agency (Delhi)'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.

Jullundur Motor Agency (Delhi)'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.


Jullundur Motor Agency (Delhi) Days Inventory Related Terms

Thank you for viewing the detailed overview of Jullundur Motor Agency (Delhi)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Jullundur Motor Agency (Delhi) (NSE:JMA) Business Description

Traded in Other Exchanges
N/A
Address
458-1/16, Sohna Road, Opposite New Court, Gurugram, HR, IND, 122001
Jullundur Motor Agency (Delhi) Ltd operates in the auto components industry and is engaged in the distribution of automobile parts, accessories, and petroleum products across India. It offers products that include brakes, bearings, clutches, cooling systems, engine components, suspension, power steering, oil & lubricants, filters, and others. The operating segment of the company is Automobile parts & Accessories in India.

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