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Banco Products (India) (BOM:500039) Days Inventory : 240.83 (As of Dec. 2023)


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What is Banco Products (India) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Banco Products (India)'s Average Total Inventories for the three months ended in Dec. 2023 was ₹7,628 Mil. Banco Products (India)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,890 Mil. Hence, Banco Products (India)'s Days Inventory for the three months ended in Dec. 2023 was 240.83.

The historical rank and industry rank for Banco Products (India)'s Days Inventory or its related term are showing as below:

BOM:500039' s Days Inventory Range Over the Past 10 Years
Min: 150.74   Med: 176.28   Max: 234.02
Current: 213.3

During the past 13 years, Banco Products (India)'s highest Days Inventory was 234.02. The lowest was 150.74. And the median was 176.28.

BOM:500039's Days Inventory is ranked worse than
91.89% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.295 vs BOM:500039: 213.30

Banco Products (India)'s Days Inventory declined from Dec. 2022 (339.24) to Dec. 2023 (240.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Banco Products (India)'s Inventory Turnover for the three months ended in Dec. 2023 was 0.38.

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. Banco Products (India)'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.35.


Banco Products (India) Days Inventory Historical Data

The historical data trend for Banco Products (India)'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.

Banco Products (India) Days Inventory Chart

Banco Products (India) 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 181.92 211.54 210.89 200.51 234.02

Banco Products (India) 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 339.24 274.25 190.99 167.69 240.83

Competitive Comparison of Banco Products (India)'s Days Inventory

For the Auto Parts subindustry, Banco Products (India)'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.


Banco Products (India)'s Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Banco Products (India)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Banco Products (India)'s Days Inventory falls into.



Banco Products (India) Days Inventory Calculation

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

Banco Products (India)'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
=( (7204.861 + 9948.9) / 2 ) / 13377.5*365
=8576.8805 / 13377.5*365
=234.02

Banco Products (India)'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
=( (7627.6 + 0) / 1 ) / 2890.1*365 / 4
=7627.6 / 2890.1*365 / 4
=240.83

* 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.


Banco Products (India)  (BOM:500039) 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.

Banco Products (India)'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.

Banco Products (India)'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.


Banco Products (India) Days Inventory Related Terms

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


Banco Products (India) (BOM:500039) Business Description

Traded in Other Exchanges
Address
Padra Road, BIL, Near Bhaili Railway Station, District Vadodara, Vadodara, GJ, IND, 391410
Banco Products (India) Ltd is a company engaged in the manufacturing and selling of radiators. The company manufactures aluminum radiators and copper-brass radiators. Its products include charged air coolers, fuel coolers, oil coolers, cooling systems, sealing gaskets, joint gaskets and sheets, and rubber products. Banco manufactures and supplies original equipment (OE) for commercial vehicles, passenger vehicles, and industrial products. The company caters to the domestic and international market. The company generates the majority of its revenue within India.

Banco Products (India) (BOM:500039) Headlines

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