GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » International Combustion (India) Ltd (BOM:505737) » Definitions » Days Inventory

International Combustion (India) (BOM:505737) Days Inventory : 169.17 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is International Combustion (India) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). International Combustion (India)'s Average Total Inventories for the three months ended in Dec. 2023 was ₹690 Mil. International Combustion (India)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹372 Mil. Hence, International Combustion (India)'s Days Inventory for the three months ended in Dec. 2023 was 169.17.

The historical rank and industry rank for International Combustion (India)'s Days Inventory or its related term are showing as below:

BOM:505737' s Days Inventory Range Over the Past 10 Years
Min: 134.79   Med: 217.59   Max: 285.88
Current: 134.79

During the past 13 years, International Combustion (India)'s highest Days Inventory was 285.88. The lowest was 134.79. And the median was 217.59.

BOM:505737's Days Inventory is ranked worse than
56.47% of 2913 companies
in the Industrial Products industry
Industry Median: 120.59 vs BOM:505737: 134.79

International Combustion (India)'s Days Inventory increased from Dec. 2022 (162.04) to Dec. 2023 (169.17). It might indicate that International Combustion (India)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. International Combustion (India)'s Inventory Turnover for the three months ended in Dec. 2023 was 0.54.

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. International Combustion (India)'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.94.


International Combustion (India) Days Inventory Historical Data

The historical data trend for International Combustion (India)'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.

International Combustion (India) Days Inventory Chart

International Combustion (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.69 243.98 261.59 164.43 135.18

International Combustion (India) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 162.04 97.30 136.55 168.42 169.17

Competitive Comparison of International Combustion (India)'s Days Inventory

For the Specialty Industrial Machinery subindustry, International Combustion (India)'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.


International Combustion (India)'s Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, International Combustion (India)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where International Combustion (India)'s Days Inventory falls into.



International Combustion (India) Days Inventory Calculation

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

International Combustion (India)'s Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (454.501 + 532.846) / 2 ) / 1332.997*365
=493.6735 / 1332.997*365
=135.18

International Combustion (India)'s Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (690.212 + 0) / 1 ) / 372.303*365 / 4
=690.212 / 372.303*365 / 4
=169.17

* 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.


International Combustion (India)  (BOM:505737) 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.

International Combustion (India)'s Inventory Turnover for the three months ended in Dec. 2023 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.

International Combustion (India)'s Inventory to Revenue for the three months ended in Dec. 2023 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.


International Combustion (India) Days Inventory Related Terms

Thank you for viewing the detailed overview of International Combustion (India)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


International Combustion (India) (BOM:505737) Business Description

Traded in Other Exchanges
N/A
Address
Infinity Benchmark, 11th Floor, Plot Number G-1, Block-EP & GP, Sector-V, Salt Lake Electronics Complex, Kolkata, WB, IND, 700091
International Combustion (India) Ltd engages in the manufacturing of heavy engineering equipment. Its segments consist of Mineral & Material Processing and Handling Equipment, Gear Box and Geared Motor Drive System, and Building Material Division. The company's product portfolio includes vibrating screens and feeders, cone crushers, bulk material handling equipment, mining haulages, Raymond grinding mills, air classifiers, flash drying systems, and geared motors and gearboxes. Geographically, it generates the majority of its revenue from India.

International Combustion (India) (BOM:505737) Headlines

No Headlines