The historical rank and industry rank for Permanent Magnets's Days Inventory or its related term are showing as below:
BOM:504132'
s Days Inventory Range Over the Past 10 Years
Min: 71.53 Med: 113.12 Max: 196.12
Current: 174.93
During the past 13 years, Permanent Magnets's highest Days Inventory was 196.12. The lowest was 71.53. And the median was 113.12.
BOM:504132's Days Inventory is ranked worse than 69.63% of 2904
companies
in the Industrial Products industry
Industry Median: 121.615
vs BOM:504132: 174.93
Permanent Magnets's Days Inventory
increased
from Mar. 2023 (0.00) to Mar. 2024 (157.01).
It might indicate that Permanent Magnets's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Permanent Magnets's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.58.
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.
Permanent Magnets's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.02.
Permanent Magnets Days Inventory Historical Data
The historical data trend for Permanent Magnets'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.
Competitive Comparison of Permanent Magnets's Days Inventory
For the Electrical Equipment & Parts subindustry, Permanent Magnets'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.
Permanent Magnets's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Permanent Magnets's Days Inventory distribution charts can be found below:
* The bar in red indicates where Permanent Magnets's Days Inventory falls into.
Permanent Magnets Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Permanent Magnets's Days Inventory for the fiscal year that 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.
Permanent Magnets (BOM:504132) 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.
Permanent Magnets'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.
Permanent Magnets'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.
Permanent Magnets Days Inventory Related Terms
Thank you for viewing the detailed overview of Permanent Magnets's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Permanent Magnets (BOM:504132) Business Description
Permanent Magnets Ltd is an Indian based company. It is engaged in the manufacturing of cast magnets and parts and accessories for electricity meters and its application. The magnets are used in electronics, electricity meters, automobile industries, telecommunication, defense, space research, aeronautics, railways, and electricity generation industries. Its product portfolio includes magnetic assemblies, shunts, brass terminals, magnetic separators, electromagnets, alnico magnets, and others. The company derives the majority of its revenue from sales of parts and accessories of the electricity meter. The company operates in one single segment which is Engineering and Current Sensing application.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:504132 has been successfully added to your 