G.S. Auto International (BOM:513059) Days Inventory : 135.32 (As of Dec. 2023)

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What is G.S. Auto International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). G.S. Auto International's Average Total Inventories for the three months ended in Dec. 2023 was ₹290 Mil. G.S. Auto International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹196 Mil. Hence, G.S. Auto International's Days Inventory for the three months ended in Dec. 2023 was 135.32.

The historical rank and industry rank for G.S. Auto International's Days Inventory or its related term are showing as below:

BOM:513059' s Days Inventory Range Over the Past 10 Years
Min: 77.56 Med: 94.45 Max: 248.75
Current: 116.06

During the past 13 years, G.S. Auto International's highest Days Inventory was 248.75. The lowest was 77.56. And the median was 94.45.

BOM:513059's Days Inventory is ranked worse than
72.15% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 80.85 vs BOM:513059: 116.06

G.S. Auto International's Days Inventory declined from Dec. 2022 (159.74) to Dec. 2023 (135.32).

Inventory Turnover measures how fast the company turns over its inventory within a year. G.S. Auto International's Inventory Turnover for the three months ended in Dec. 2023 was 0.67.

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. G.S. Auto International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.74.

G.S. Auto International Days Inventory Historical Data

The historical data trend for G.S. Auto International'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.

G.S. Auto International Days Inventory Chart

G.S. Auto International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

81.32

198.91

248.75

186.50

126.28

G.S. Auto International 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															159.74	74.29	142.89	151.25	135.32

Competitive Comparison of G.S. Auto International's Days Inventory

For the Auto Parts subindustry, G.S. Auto International'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.

G.S. Auto International's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, G.S. Auto International's Days Inventory distribution charts can be found below:

* The bar in red indicates where G.S. Auto International's Days Inventory falls into.

G.S. Auto International Days Inventory Calculation

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

G.S. Auto International'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
=	( (280.025	+	290.043)	/	2 )	/	823.853	*	365
=	285.034					/	823.853	*	365
=	126.28

G.S. Auto International'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
=	( (290.401	+	0)	/	1 )	/	195.822	*	365 / 4
=	290.401					/	195.822	*	365 / 4
=	135.32

G.S. Auto International (BOM:513059) 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.

G.S. Auto International's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	195.822	/	290.401
	=	0.67

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.

G.S. Auto International's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	290.401	/	390.072
	=	0.74

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.

G.S. Auto International Days Inventory Related Terms

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

G.S. Auto International (BOM:513059) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » G.S. Auto International Ltd (BOM:513059) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

G.T. Road, G.S. Estate, Near Dhandari Kalan, Ludhiana, PB, IND, 14101

Website

http://www.gsgroupindia.com

G.S. Auto International Ltd is a manufacturer of automobile parts. The company is engaged in the production of automotive suspensions and fastening components for Indian & International markets, utility vehicles, commercial vehicles, multi-axle vehicles, trailers, and special-purpose vehicles. It operates in three segments: Original equipment manufacturers, After-sales market, and Export market. The company's product portfolio is categorized into Machined Parts, Forged Parts, Non-Ferrous Cast Components, Ductile Iron Cast Components, Trailer Parts, Clutch Assemblies, and Disc Assemblies & its Components.

G.S. Auto International (BOM:513059) Headlines

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