LEEL Electricals (NSE:LEEL) Days Inventory : 177.38 (As of Mar. 2018)

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What is LEEL Electricals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LEEL Electricals's Average Total Inventories for the six months ended in Mar. 2018 was ₹9,300 Mil. LEEL Electricals's Cost of Goods Sold for the six months ended in Mar. 2018 was ₹19,136 Mil. Hence, LEEL Electricals's Days Inventory for the six months ended in Mar. 2018 was 88.69.

The historical rank and industry rank for LEEL Electricals's Days Inventory or its related term are showing as below:

NSE:LEEL's Days Inventory is not ranked ^*
in the Industrial Products industry.
Industry Median: 120.56
* Ranked among companies with meaningful Days Inventory only.

LEEL Electricals's Days Inventory increased from Mar. 2016 (153.04) to Mar. 2018 (177.38). It might indicate that LEEL Electricals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. LEEL Electricals's Inventory Turnover for the six months ended in Mar. 2018 was 2.06.

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. LEEL Electricals's Inventory-to-Revenue for the six months ended in Mar. 2018 was 0.40.

LEEL Electricals Days Inventory Historical Data

The historical data trend for LEEL Electricals'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.

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LEEL Electricals Days Inventory Chart

LEEL Electricals Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Days Inventory

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151.23

154.64

153.04

137.97

177.38

LEEL Electricals Semi-Annual Data
	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18
Days Inventory	Get a 7-Day Free Trial							151.23	154.64	153.04	137.97	177.38

Competitive Comparison of LEEL Electricals's Days Inventory

For the Specialty Industrial Machinery subindustry, LEEL Electricals'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.

LEEL Electricals's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LEEL Electricals's Days Inventory distribution charts can be found below:

* The bar in red indicates where LEEL Electricals's Days Inventory falls into.

LEEL Electricals Days Inventory Calculation

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

LEEL Electricals's Days Inventory for the fiscal year that ended in Mar. 2018 is calculated as

	Days Inventory (A: Mar. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2017 )	+	Total Inventories (A: Mar. 2018 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2018 )	*	Days in Period
=	( (10486.2	+	8113.1)	/	2 )	/	19136.3	*	365
=	9299.65					/	19136.3	*	365
=	177.38

LEEL Electricals's Days Inventory for the quarter that ended in Mar. 2018 is calculated as:

	Days Inventory (Q: Mar. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2017 )	+	Total Inventories (Q: Mar. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2018 )	*	Days in Period
=	( (10486.2	+	8113.1)	/	2 )	/	19136.3	*	365 / 2
=	9299.65					/	19136.3	*	365 / 2
=	88.69

LEEL Electricals (NSE:LEEL) 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.

LEEL Electricals's Inventory Turnover for the six months ended in Mar. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	19136.3	/	9299.65
	=	2.06

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.

LEEL Electricals's Inventory to Revenue for the six months ended in Mar. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9299.65	/	23305.9
	=	0.40

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.

LEEL Electricals Days Inventory Related Terms

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

LEEL Electricals (NSE:LEEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LEEL Electricals Ltd (NSE:LEEL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

159, Okhla Industrial Estate, Phase - III, New Delhi, Delhi, IND, 110020

Website

http://www.leelelectric.com

LEEL Electricals Ltd is an India-based heat exchangers coils manufacturer. It manufactures air conditioners for various brands including its own brand of LLOYD. The company also manufactures consumer durable business under Lloyd brand which includes product portfolio like Air-Conditioner, LED TV, Washing Machines, Chest Freezers and other small home appliances. Lloyd's segments are OEM and Packaged Air conditioning Segment, and Heat Exchangers and Components Segments but OEM and Packaged Air conditioning Segment generates the majority of the revenue.

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