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Rolcon Engineering Co (BOM:505807) Days Inventory : 117.57 (As of Mar. 2024)


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What is Rolcon Engineering Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rolcon Engineering Co's Average Total Inventories for the three months ended in Mar. 2024 was ₹66.0 Mil. Rolcon Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹51.2 Mil. Hence, Rolcon Engineering Co's Days Inventory for the three months ended in Mar. 2024 was 117.57.

The historical rank and industry rank for Rolcon Engineering Co's Days Inventory or its related term are showing as below:

BOM:505807' s Days Inventory Range Over the Past 10 Years
Min: 44.56   Med: 76.21   Max: 106.52
Current: 79.82

During the past 13 years, Rolcon Engineering Co's highest Days Inventory was 106.52. The lowest was 44.56. And the median was 76.21.

BOM:505807's Days Inventory is ranked better than
73.56% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs BOM:505807: 79.82

Rolcon Engineering Co's Days Inventory increased from Mar. 2023 (63.04) to Mar. 2024 (117.57). It might indicate that Rolcon Engineering Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rolcon Engineering Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.78.

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. Rolcon Engineering Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.52.


Rolcon Engineering Co Days Inventory Historical Data

The historical data trend for Rolcon Engineering Co'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.

Rolcon Engineering Co Days Inventory Chart

Rolcon Engineering Co 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 63.56 106.52 61.90 71.03 84.96

Rolcon Engineering Co 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 63.04 75.98 55.60 69.31 117.57

Competitive Comparison of Rolcon Engineering Co's Days Inventory

For the Tools & Accessories subindustry, Rolcon Engineering Co'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.


Rolcon Engineering Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Rolcon Engineering Co's Days Inventory falls into.



Rolcon Engineering Co Days Inventory Calculation

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

Rolcon Engineering Co'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
=( (40.414 + 65.984) / 2 ) / 228.558*365
=53.199 / 228.558*365
=84.96

Rolcon Engineering Co'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 + 65.984) / 1 ) / 51.214*365 / 4
=65.984 / 51.214*365 / 4
=117.57

* 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.


Rolcon Engineering Co  (BOM:505807) 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.

Rolcon Engineering Co'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.

Rolcon Engineering Co'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.


Rolcon Engineering Co Days Inventory Related Terms

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


Rolcon Engineering Co (BOM:505807) Business Description

Traded in Other Exchanges
N/A
Address
Anand-Sojitra Road, Post Box No. 20, Anand, Vallabh Vidyanagar, GJ, IND, 388120
Rolcon Engineering Co Ltd is engaged in the business of manufacturing transmission precision roller chains, conveyors, elevators, and special purpose chains. The company earns revenue from the sales of Industrial chains and Sprocket wheels, of which a majority of revenue is generated from the sale of Industrial chains.The Company has identified its business of Manufacturing 'Engineering Goods which is its only segment. Some of the products manufactured by the company are bucket elevator chain, block link type conveyor chain, reclaimer scraper chain, rope-way chain, roller chain, simplex roller chain, leaf chain, ROL-KOBO sprocket, ROL-KOBO split type sprocket, mounted sprocket, and many more. Geographically, the revenue is generated from India.

Rolcon Engineering Co (BOM:505807) Headlines

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