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TVS Srichakra (BOM:509243) Days Inventory : 120.83 (As of Sep. 2024)


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What is TVS Srichakra Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TVS Srichakra's Average Total Inventories for the three months ended in Sep. 2024 was ₹6,484 Mil. TVS Srichakra's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹4,897 Mil. Hence, TVS Srichakra's Days Inventory for the three months ended in Sep. 2024 was 120.83.

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

BOM:509243' s Days Inventory Range Over the Past 10 Years
Min: 68   Med: 117.59   Max: 153.03
Current: 123.2

During the past 13 years, TVS Srichakra's highest Days Inventory was 153.03. The lowest was 68.00. And the median was 117.59.

BOM:509243's Days Inventory is ranked worse than
74.64% of 1266 companies
in the Vehicles & Parts industry
Industry Median: 80.545 vs BOM:509243: 123.20

TVS Srichakra's Days Inventory declined from Sep. 2023 (132.37) to Sep. 2024 (120.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. TVS Srichakra's Inventory Turnover for the three months ended in Sep. 2024 was 0.76.

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. TVS Srichakra's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.77.


TVS Srichakra Days Inventory Historical Data

The historical data trend for TVS Srichakra'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.

TVS Srichakra Days Inventory Chart

TVS Srichakra 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 133.11 132.40 137.15 150.33 153.03

TVS Srichakra Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 132.37 133.33 110.44 145.71 120.83

Competitive Comparison of TVS Srichakra's Days Inventory

For the Auto Parts subindustry, TVS Srichakra'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.


TVS Srichakra's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TVS Srichakra's Days Inventory distribution charts can be found below:

* The bar in red indicates where TVS Srichakra's Days Inventory falls into.



TVS Srichakra Days Inventory Calculation

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

TVS Srichakra'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
=( (7789.4 + 7027.2) / 2 ) / 17669.8*365
=7408.3 / 17669.8*365
=153.03

TVS Srichakra's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 6484.1) / 1 ) / 4896.7*365 / 4
=6484.1 / 4896.7*365 / 4
=120.83

* 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.


TVS Srichakra  (BOM:509243) 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.

TVS Srichakra's Inventory Turnover for the three months ended in Sep. 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.

TVS Srichakra's Inventory to Revenue for the three months ended in Sep. 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.


TVS Srichakra Days Inventory Related Terms

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


TVS Srichakra Business Description

Traded in Other Exchanges
Address
No. 10 Jawahar Road, Madurai, TN, IND, 625 002
TVS Srichakra Ltd is a holding company that manufactures tyres and tubes. It offers various range of tyres which include two-wheeler tyres and tubes, off-the-road tyres used in implements/forklifts/industrial tractors, and other machinery, non-highway service tyres such as sand tyres, grader tyres, compactor tyres and vintage tyres, multi-purpose tyres, flotation tyres, radial tyres, tubeless tyres, farm tyres and tubes used therein and solid resilient tyres. It derives revenue from India, however, it is also exporting its products to the USA, Europe, South America, Africa, and Australia.

TVS Srichakra Headlines

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