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Bharat Bijlee (BOM:503960) Days Inventory : 55.56 (As of Mar. 2024)


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What is Bharat Bijlee Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bharat Bijlee's Average Total Inventories for the three months ended in Mar. 2024 was ₹2,624 Mil. Bharat Bijlee's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹4,309 Mil. Hence, Bharat Bijlee's Days Inventory for the three months ended in Mar. 2024 was 55.56.

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

BOM:503960' s Days Inventory Range Over the Past 10 Years
Min: 68.54   Med: 80.53   Max: 159.28
Current: 79.97

During the past 13 years, Bharat Bijlee's highest Days Inventory was 159.28. The lowest was 68.54. And the median was 80.53.

BOM:503960's Days Inventory is ranked better than
73.45% of 2904 companies
in the Industrial Products industry
Industry Median: 121.99 vs BOM:503960: 79.97

Bharat Bijlee's Days Inventory declined from Mar. 2023 (91.59) to Mar. 2024 (55.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bharat Bijlee'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. Bharat Bijlee's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.45.


Bharat Bijlee Days Inventory Historical Data

The historical data trend for Bharat Bijlee'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.

Bharat Bijlee Days Inventory Chart

Bharat Bijlee 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 95.34 159.28 90.79 93.83 76.75

Bharat Bijlee 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 91.59 85.58 97.70 97.90 55.56

Competitive Comparison of Bharat Bijlee's Days Inventory

For the Electrical Equipment & Parts subindustry, Bharat Bijlee'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.


Bharat Bijlee's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Bharat Bijlee's Days Inventory falls into.



Bharat Bijlee Days Inventory Calculation

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

Bharat Bijlee'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
=( (3166.562 + 2623.5) / 2 ) / 13768.3*365
=2895.031 / 13768.3*365
=76.75

Bharat Bijlee'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 + 2623.5) / 1 ) / 4308.7*365 / 4
=2623.5 / 4308.7*365 / 4
=55.56

* 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.


Bharat Bijlee  (BOM:503960) 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.

Bharat Bijlee'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.

Bharat Bijlee'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.


Bharat Bijlee Days Inventory Related Terms

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


Bharat Bijlee (BOM:503960) Business Description

Traded in Other Exchanges
Address
Appasaheb Marathe Marg, 6th Floor, Electric Mansion, Prabhadevi, Mumbai, MH, IND, 400025
Bharat Bijlee Ltd offers electric motors and transformers. The company's operating segment includes Power Systems and Industrial Systems. The Power Systems segment comprises the design, commissioning, and marketing of power transformers; EPC projects for electrical substations including delivery, rectification, commissioning, and servicing of transformers and marketing of maintenance products. The Industrial systems segment generates the majority of revenue, and it comprises the development, marketing, and manufacture of a wide range of standard and customized electric motors; magnet technology machines, and the engineering and supply of Drives and Automation systems. Geographically it has a presence in India and Outside India, of which a majority of revenue is derived from India.

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