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Triveni Turbine (NSE:TRITURBINE) Days Inventory : 91.07 (As of Mar. 2024)


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What is Triveni Turbine Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Triveni Turbine's Average Total Inventories for the three months ended in Mar. 2024 was ₹2,263 Mil. Triveni Turbine's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,267 Mil. Hence, Triveni Turbine's Days Inventory for the three months ended in Mar. 2024 was 91.07.

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

NSE:TRITURBINE' s Days Inventory Range Over the Past 10 Years
Min: 94.97   Med: 129.63   Max: 166.3
Current: 101.38

During the past 13 years, Triveni Turbine's highest Days Inventory was 166.30. The lowest was 94.97. And the median was 129.63.

NSE:TRITURBINE's Days Inventory is ranked better than
60.63% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs NSE:TRITURBINE: 101.38

Triveni Turbine's Days Inventory declined from Mar. 2023 (102.50) to Mar. 2024 (91.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Triveni Turbine's Inventory Turnover for the three months ended in Mar. 2024 was 1.00.

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. Triveni Turbine's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.49.


Triveni Turbine Days Inventory Historical Data

The historical data trend for Triveni Turbine'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.

Triveni Turbine Days Inventory Chart

Triveni Turbine 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 157.48 166.30 121.39 102.01 94.97

Triveni Turbine 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 102.50 99.92 118.52 110.10 91.07

Competitive Comparison of Triveni Turbine's Days Inventory

For the Specialty Industrial Machinery subindustry, Triveni Turbine'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.


Triveni Turbine's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Triveni Turbine's Days Inventory falls into.



Triveni Turbine Days Inventory Calculation

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

Triveni Turbine'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
=( (2000.32 + 2262.8) / 2 ) / 8191.9*365
=2131.56 / 8191.9*365
=94.97

Triveni Turbine'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 + 2262.8) / 1 ) / 2267.3*365 / 4
=2262.8 / 2267.3*365 / 4
=91.07

* 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.


Triveni Turbine  (NSE:TRITURBINE) 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.

Triveni Turbine'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.

Triveni Turbine'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.


Triveni Turbine Days Inventory Related Terms

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


Triveni Turbine (NSE:TRITURBINE) Business Description

Traded in Other Exchanges
Address
Express Trade Towers, 8th Floor, 15-16, Sector 16A, Noida, UP, IND, 201301
Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the global industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.

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