Lakshmi Precision Screws (BOM:506079) Days Inventory: 610.58 (As of Mar. 2017)

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What is Lakshmi Precision Screws Days Inventory?

Lakshmi Precision Screws BOM:506079 Days Inventory is 610.58 as of Mar. 2017.

Days Inventory is also known as Days Sales of Inventory (DSI). Lakshmi Precision Screws's Average Total Inventories for the six months ended in Mar. 2017 was ₹1,985 Mil. Lakshmi Precision Screws's Cost of Goods Sold for the six months ended in Mar. 2017 was ₹1,187 Mil. Hence, Lakshmi Precision Screws's Days Inventory for the six months ended in Mar. 2017 was 305.29.

The historical rank and industry rank for Lakshmi Precision Screws's Days Inventory or its related term are showing as below:

BOM:506079's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.96
* Ranked among companies with meaningful Days Inventory only.

Lakshmi Precision Screws's Days Inventory increased from Mar. 2015 (512.71) to Mar. 2017 (610.58). It might indicate that Lakshmi Precision Screws's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lakshmi Precision Screws's Inventory Turnover for the six months ended in Mar. 2017 was 0.60.

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. Lakshmi Precision Screws's Inventory-to-Revenue for the six months ended in Mar. 2017 was 0.78.


Lakshmi Precision Screws  (BOM:506079) 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.

Lakshmi Precision Screws's Inventory Turnover for the six months ended in Mar. 2017 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.

Lakshmi Precision Screws's Inventory to Revenue for the six months ended in Mar. 2017 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.


Lakshmi Precision Screws Days Inventory Related Terms


Lakshmi Precision Screws Days Inventory Historical Data

* Premium members only.

The historical data trend for Lakshmi Precision Screws'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.

Lakshmi Precision Screws Days Inventory Chart

Lakshmi Precision Screws Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 551.85 548.34 512.71 487.42 610.58

Lakshmi Precision Screws Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 551.85 548.34 512.71 487.42 610.58

BOM:506079 vs TXHG, TBLT: Days Inventory Comparison

For the Tools & Accessories subindustry, Lakshmi Precision Screws'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.


Lakshmi Precision Screws Days Inventory vs Industrial Products Industry

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

* The bar in red indicates where Lakshmi Precision Screws's Days Inventory falls into.



Lakshmi Precision Screws Days Inventory Calculation

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

Lakshmi Precision Screws's Days Inventory for the fiscal year that ended in Mar. 2017 is calculated as

Days Inventory (A: Mar. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2016 ) + Total Inventories (A: Mar. 2017 )) / count ) / Cost of Goods Sold (A: Mar. 2017 )*Days in Period
=( (2005.801 + 1964.031) / 2 ) / 1186.57*365
=1984.916 / 1186.57*365
=610.58

Lakshmi Precision Screws's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

Days Inventory (Q: Mar. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2016 ) + Total Inventories (Q: Mar. 2017 )) / count ) / Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=( (2005.801 + 1964.031) / 2 ) / 1186.57*365 / 2
=1984.916 / 1186.57*365 / 2
=305.29

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 610.58 mean?
Lakshmi Precision Screws (BOM:506079) has a Days Inventory of 610.58 as of Mar. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Lakshmi Precision Screws and its competitors.
Is Lakshmi Precision Screws' Days Inventory too high?
Lakshmi Precision Screws' current Days Inventory is 610.58. The Industrial Products industry median Days Inventory is 119.96. Lakshmi Precision Screws' value of 610.58 is 409% above this industry median.
How does Lakshmi Precision Screws' Days Inventory compare to TXHG and TBLT?
Lakshmi Precision Screws' Days Inventory of 610.58 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.96. Lakshmi Precision Screws' value of 610.58 is 409% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.96, based on 2,971 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lakshmi Precision Screws's current Days Inventory of 610.58 is 409% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Lakshmi Precision Screws and its competitors. For the Industrial Products industry, the median Days Inventory is 119.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lakshmi Precision Screws's current Days Inventory is 610.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Precision Screws stock overvalued right now?
Lakshmi Precision Screws (BOM:506079) has a current Days Inventory of 610.58. The current Days Inventory is 610.58 and 409% above the Industrial Products industry median of 119.96. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Lakshmi Precision Screws (BOM:506079), the current Days Inventory is 610.58 as of Mar. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lakshmi Precision Screws Business Description

Address Hisar Road, 46/1, Mile Stone, Rohtak, HR, IND, 124001
Lakshmi Precision Screws Ltd is engaged in the business of manufacturing high-tensile fasteners. The product portfolio includes - Bolts and Screws, Pins, Nuts, Allen Key, Anchor Bush, Hammer, Wedges, Threaded road, Ball pins, Clevis pins, and many others. The company caters to the need of many sectors like Wind energy, Automotive, Defence, Electronic and communication, Construction, Agriculture, Tool and die, Oil and gas. The company's area of operation comprises four manufacturing units spread across an area of about 1,00,000 sqm.