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Jainex Aamcol (BOM:505212) Days Inventory : 197.43 (As of Jun. 2024)


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What is Jainex Aamcol Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jainex Aamcol's Average Total Inventories for the three months ended in Jun. 2024 was ₹54.5 Mil. Jainex Aamcol's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹25.2 Mil. Hence, Jainex Aamcol's Days Inventory for the three months ended in Jun. 2024 was 197.43.

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

BOM:505212' s Days Inventory Range Over the Past 10 Years
Min: 141.21   Med: 185.39   Max: 251.09
Current: 203.11

During the past 13 years, Jainex Aamcol's highest Days Inventory was 251.09. The lowest was 141.21. And the median was 185.39.

BOM:505212's Days Inventory is ranked worse than
77.09% of 2925 companies
in the Industrial Products industry
Industry Median: 120.21 vs BOM:505212: 203.11

Jainex Aamcol's Days Inventory declined from Jun. 2023 (264.20) to Jun. 2024 (197.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jainex Aamcol's Inventory Turnover for the three months ended in Jun. 2024 was 0.46.

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. Jainex Aamcol's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.94.


Jainex Aamcol Days Inventory Historical Data

The historical data trend for Jainex Aamcol'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.

Jainex Aamcol Days Inventory Chart

Jainex Aamcol 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 187.57 251.09 202.67 226.62 209.01

Jainex Aamcol Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 264.20 246.33 227.64 168.48 197.43

Competitive Comparison of Jainex Aamcol's Days Inventory

For the Tools & Accessories subindustry, Jainex Aamcol'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.


Jainex Aamcol's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Jainex Aamcol's Days Inventory falls into.



Jainex Aamcol Days Inventory Calculation

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

Jainex Aamcol'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
=( (54.19 + 54.452) / 2 ) / 94.861*365
=54.321 / 94.861*365
=209.01

Jainex Aamcol's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (54.452 + 0) / 1 ) / 25.167*365 / 4
=54.452 / 25.167*365 / 4
=197.43

* 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.


Jainex Aamcol  (BOM:505212) 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.

Jainex Aamcol's Inventory Turnover for the three months ended in Jun. 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.

Jainex Aamcol's Inventory to Revenue for the three months ended in Jun. 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.


Jainex Aamcol Days Inventory Related Terms

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


Jainex Aamcol Business Description

Traded in Other Exchanges
N/A
Address
405/406, Sharda Chambers, New Marine Lines, Mumbai, MH, IND, 400 020
Jainex Aamcol Ltd is a manufacturer of gear hobs, special cutting tools, inspection tools, and precision accessories. The operating segments of the company are Gear Cutting that is gear hobs, which constitute the key revenue driver; Milling Cutters; and Spline Gauges. It sells its products under the Aamcol brand. The company caters to a wide range of customers such as automobile industries, industrial and special gearbox manufacturers, machine tool manufacturers, and many others.

Jainex Aamcol Headlines

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