NDR Auto Components (NSE:NDRAUTO) Days Inventory : 29.38 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is NDR Auto Components Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NDR Auto Components's Average Total Inventories for the three months ended in Dec. 2023 was ₹347 Mil. NDR Auto Components's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,077 Mil. Hence, NDR Auto Components's Days Inventory for the three months ended in Dec. 2023 was 29.38.

The historical rank and industry rank for NDR Auto Components's Days Inventory or its related term are showing as below:

NSE:NDRAUTO' s Days Inventory Range Over the Past 10 Years
Min: 32.09 Med: 35.29 Max: 40.43
Current: 32.09

During the past 5 years, NDR Auto Components's highest Days Inventory was 40.43. The lowest was 32.09. And the median was 35.29.

NSE:NDRAUTO's Days Inventory is ranked better than
89.94% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 80.63 vs NSE:NDRAUTO: 32.09

NDR Auto Components's Days Inventory declined from Dec. 2022 (46.33) to Dec. 2023 (29.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. NDR Auto Components's Inventory Turnover for the three months ended in Dec. 2023 was 3.11.

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. NDR Auto Components's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.25.

NDR Auto Components Days Inventory Historical Data

The historical data trend for NDR Auto Components'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.

NDR Auto Components Days Inventory Chart

NDR Auto Components Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

32.16

40.43

34.00

36.57

NDR Auto Components Quarterly Data
	Mar19	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													46.33	33.57	36.68	25.99	29.38

Competitive Comparison of NDR Auto Components's Days Inventory

For the Auto Parts subindustry, NDR Auto Components'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.

NDR Auto Components's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NDR Auto Components's Days Inventory distribution charts can be found below:

* The bar in red indicates where NDR Auto Components's Days Inventory falls into.

NDR Auto Components Days Inventory Calculation

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

NDR Auto Components'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
=	( (212.631	+	393.442)	/	2 )	/	3024.816	*	365
=	303.0365					/	3024.816	*	365
=	36.57

NDR Auto Components'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
=	( (346.672	+	0)	/	1 )	/	1076.727	*	365 / 4
=	346.672					/	1076.727	*	365 / 4
=	29.38

NDR Auto Components (NSE:NDRAUTO) 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.

NDR Auto Components's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1076.727	/	346.672
	=	3.11

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.

NDR Auto Components's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	346.672	/	1402.662
	=	0.25

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.

NDR Auto Components Days Inventory Related Terms

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

NDR Auto Components (NSE:NDRAUTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NDR Auto Components Ltd (NSE:NDRAUTO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

543214:India

Address

Plot No.1, Maruti Joint Venture Complex, Gurugram, HR, IND, 122015

Website

https://www.ndrauto.com

NDR Auto Components Ltd is a manufacturer of seat frames and seat trims for passenger and utility vehicles. The company's product range includes seat frames and trims for a four-wheeler, two-wheeler, and BIW Parts. Geographically, the company operates only in India.

NDR Auto Components (NSE:NDRAUTO) Headlines

No Headlines