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Hind Rectifiers (BOM:504036) Days Inventory : 77.71 (As of Mar. 2024)


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What is Hind Rectifiers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hind Rectifiers's Average Total Inventories for the three months ended in Mar. 2024 was ₹967 Mil. Hind Rectifiers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,136 Mil. Hence, Hind Rectifiers's Days Inventory for the three months ended in Mar. 2024 was 77.71.

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

BOM:504036' s Days Inventory Range Over the Past 10 Years
Min: 86.68   Med: 109.01   Max: 151.32
Current: 91.17

During the past 13 years, Hind Rectifiers's highest Days Inventory was 151.32. The lowest was 86.68. And the median was 109.01.

BOM:504036's Days Inventory is ranked better than
67.29% of 2898 companies
in the Industrial Products industry
Industry Median: 121.57 vs BOM:504036: 91.17

Hind Rectifiers's Days Inventory declined from Mar. 2023 (100.37) to Mar. 2024 (77.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hind Rectifiers's Inventory Turnover for the three months ended in Mar. 2024 was 1.17.

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. Hind Rectifiers's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.64.


Hind Rectifiers Days Inventory Historical Data

The historical data trend for Hind Rectifiers'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.

Hind Rectifiers Days Inventory Chart

Hind Rectifiers 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 107.39 106.45 91.86 110.62 89.83

Hind Rectifiers 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 100.37 115.51 92.14 90.32 77.71

Competitive Comparison of Hind Rectifiers's Days Inventory

For the Electrical Equipment & Parts subindustry, Hind Rectifiers'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.


Hind Rectifiers's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hind Rectifiers's Days Inventory falls into.



Hind Rectifiers Days Inventory Calculation

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

Hind Rectifiers'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
=( (924.424 + 967.189) / 2 ) / 3843.239*365
=945.8065 / 3843.239*365
=89.83

Hind Rectifiers'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 + 967.189) / 1 ) / 1135.721*365 / 4
=967.189 / 1135.721*365 / 4
=77.71

* 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.


Hind Rectifiers  (BOM:504036) 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.

Hind Rectifiers'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.

Hind Rectifiers'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.


Hind Rectifiers Days Inventory Related Terms

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


Hind Rectifiers (BOM:504036) Business Description

Traded in Other Exchanges
Address
Lake Road, Bhandup (West), Mumbai, MH, IND, 400078
Hind Rectifiers Ltd is engaged in developing, designing, manufacturing, and marketing power semiconductor, power electronic equipment, and railway transportation Equipments. Its products include High Voltage, Cathodic Protection - TRU, Power Diodes, Rectifiers, Transformers and Converters.

Hind Rectifiers (BOM:504036) Headlines

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