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Greaves Cotton (BOM:501455) Days Inventory : 55.55 (As of Mar. 2024)


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What is Greaves Cotton Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Greaves Cotton's Average Total Inventories for the three months ended in Mar. 2024 was ₹2,761 Mil. Greaves Cotton's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4,536 Mil. Hence, Greaves Cotton's Days Inventory for the three months ended in Mar. 2024 was 55.55.

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

BOM:501455' s Days Inventory Range Over the Past 10 Years
Min: 31.95   Med: 41.58   Max: 62.07
Current: 55.47

During the past 13 years, Greaves Cotton's highest Days Inventory was 62.07. The lowest was 31.95. And the median was 41.58.

BOM:501455's Days Inventory is ranked better than
86.47% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs BOM:501455: 55.47

Greaves Cotton's Days Inventory increased from Mar. 2023 (31.89) to Mar. 2024 (55.55). It might indicate that Greaves Cotton's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Greaves Cotton's Inventory Turnover for the three months ended in Mar. 2024 was 1.64.

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. Greaves Cotton's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.41.


Greaves Cotton Days Inventory Historical Data

The historical data trend for Greaves Cotton'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.

Greaves Cotton Days Inventory Chart

Greaves Cotton 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 45.21 62.07 53.13 37.82 49.81

Greaves Cotton 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 31.89 48.75 59.70 68.32 55.55

Competitive Comparison of Greaves Cotton's Days Inventory

For the Specialty Industrial Machinery subindustry, Greaves Cotton'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.


Greaves Cotton's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Greaves Cotton's Days Inventory falls into.



Greaves Cotton Days Inventory Calculation

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

Greaves Cotton'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
=( (2149.5 + 2761.2) / 2 ) / 17994.1*365
=2455.35 / 17994.1*365
=49.81

Greaves Cotton'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 + 2761.2) / 1 ) / 4536*365 / 4
=2761.2 / 4536*365 / 4
=55.55

* 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.


Greaves Cotton  (BOM:501455) 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.

Greaves Cotton'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.

Greaves Cotton'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.


Greaves Cotton Days Inventory Related Terms

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


Greaves Cotton (BOM:501455) Business Description

Traded in Other Exchanges
Address
LBS Marg, Kurla (West), Unit No. 1A, 5th Floor, Tower 3, Equinox Business Park, Mumbai, MH, IND, 400 070
Greaves Cotton Ltd is a diversified engineering company. The company is a manufacturer and marketer of diesel engines, petrol engines, generator sets, pump sets, and construction equipment. Its product is used in automotive, marine, farm, construction and industrial applications. The company's operating segment includes Engines, Electric mobility and Others. The Engine segment includes the application of engines in farm equipment and gensets. It generates maximum revenue from the Engines segment. Geographically, it derives a majority of revenue from India.

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