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Rapicut Carbides (BOM:500360) Days Inventory : 143.17 (As of Mar. 2024)


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What is Rapicut Carbides Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rapicut Carbides's Average Total Inventories for the three months ended in Mar. 2024 was ₹193.9 Mil. Rapicut Carbides's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹123.6 Mil. Hence, Rapicut Carbides's Days Inventory for the three months ended in Mar. 2024 was 143.17.

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

BOM:500360' s Days Inventory Range Over the Past 10 Years
Min: 145.57   Med: 218.39   Max: 324.97
Current: 159.34

During the past 13 years, Rapicut Carbides's highest Days Inventory was 324.97. The lowest was 145.57. And the median was 218.39.

BOM:500360's Days Inventory is ranked worse than
65.5% of 2913 companies
in the Industrial Products industry
Industry Median: 120.59 vs BOM:500360: 159.34

Rapicut Carbides's Days Inventory increased from Mar. 2023 (123.77) to Mar. 2024 (143.17). It might indicate that Rapicut Carbides's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rapicut Carbides's Inventory Turnover for the three months ended in Mar. 2024 was 0.64.

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. Rapicut Carbides's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.15.


Rapicut Carbides Days Inventory Historical Data

The historical data trend for Rapicut Carbides'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.

Rapicut Carbides Days Inventory Chart

Rapicut Carbides 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 282.96 324.97 215.97 203.27 145.57

Rapicut Carbides 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 123.77 160.07 171.40 191.07 143.17

Competitive Comparison of Rapicut Carbides's Days Inventory

For the Metal Fabrication subindustry, Rapicut Carbides'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.


Rapicut Carbides's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Rapicut Carbides's Days Inventory falls into.



Rapicut Carbides Days Inventory Calculation

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

Rapicut Carbides'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
=( (175.161 + 193.918) / 2 ) / 462.71*365
=184.5395 / 462.71*365
=145.57

Rapicut Carbides'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 + 193.918) / 1 ) / 123.595*365 / 4
=193.918 / 123.595*365 / 4
=143.17

* 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.


Rapicut Carbides  (BOM:500360) 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.

Rapicut Carbides'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.

Rapicut Carbides'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.


Rapicut Carbides Days Inventory Related Terms

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


Rapicut Carbides (BOM:500360) Business Description

Traded in Other Exchanges
N/A
Address
On National Highway BOM-AHM, Plot Number 119, GIDC Industrial Area, Ankleshwar, GJ, IND, 393 002
Rapicut Carbides Ltd is engaged in manufacturing Tungsten Carbide Tips, Inserts and other Carbide products from ore stage. It manufactures a wide range of Tungsten Carbide products such as Tungsten Carbide Tips, Tungsten Carbide Inserts, Wire Drawing Nibs, Bar and Tube drawing Pellets, Tungsten Carbide Rings, Flats, Jute Eyelets, Solid Carbide Cutters and a wide range of Tool Room Products. Geographically the company derives key revenue from India.

Rapicut Carbides (BOM:500360) Headlines

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