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Shivalik Bimetal Controls (BOM:513097) Days Inventory : 158.85 (As of Mar. 2024)


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What is Shivalik Bimetal Controls Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shivalik Bimetal Controls's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,279 Mil. Shivalik Bimetal Controls's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹735 Mil. Hence, Shivalik Bimetal Controls's Days Inventory for the three months ended in Mar. 2024 was 158.85.

The historical rank and industry rank for Shivalik Bimetal Controls's Days Inventory or its related term are showing as below:

BOM:513097' s Days Inventory Range Over the Past 10 Years
Min: 124.14   Med: 175.75   Max: 206.69
Current: 162.27

During the past 13 years, Shivalik Bimetal Controls's highest Days Inventory was 206.69. The lowest was 124.14. And the median was 175.75.

BOM:513097's Days Inventory is ranked worse than
66.06% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs BOM:513097: 162.27

Shivalik Bimetal Controls's Days Inventory declined from Mar. 2023 (186.56) to Mar. 2024 (158.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. Shivalik Bimetal Controls's Inventory Turnover for the three months ended in Mar. 2024 was 0.57.

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. Shivalik Bimetal Controls's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.00.


Shivalik Bimetal Controls Days Inventory Historical Data

The historical data trend for Shivalik Bimetal Controls'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.

Shivalik Bimetal Controls Days Inventory Chart

Shivalik Bimetal Controls 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 195.07 206.69 199.45 183.77 167.72

Shivalik Bimetal Controls 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 186.56 177.59 153.64 148.96 158.85

Competitive Comparison of Shivalik Bimetal Controls's Days Inventory

For the Metal Fabrication subindustry, Shivalik Bimetal Controls'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.


Shivalik Bimetal Controls's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shivalik Bimetal Controls's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shivalik Bimetal Controls's Days Inventory falls into.



Shivalik Bimetal Controls Days Inventory Calculation

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

Shivalik Bimetal Controls'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
=( (1319.744 + 1279.418) / 2 ) / 2828.125*365
=1299.581 / 2828.125*365
=167.72

Shivalik Bimetal Controls'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 + 1279.418) / 1 ) / 734.948*365 / 4
=1279.418 / 734.948*365 / 4
=158.85

* 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.


Shivalik Bimetal Controls  (BOM:513097) 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.

Shivalik Bimetal Controls'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.

Shivalik Bimetal Controls'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.


Shivalik Bimetal Controls Days Inventory Related Terms

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


Shivalik Bimetal Controls (BOM:513097) Business Description

Traded in Other Exchanges
Address
H-2, Suneja Chambers, 2nd Floor, Alaknanda Commercial Complex, Kalkaji, New Delhi, IND, 110019
Shivalik Bimetal Controls Ltd is an integrated manufacturer and seller of thermostatic bimetal/tri-metal strips, component, EB welded products, cold bonded bimetal strips, and parts. Company has single segment i.e. Process and Product Engineering. It specializes in the joining of material through various methods such as diffusion bonding/cladding, electron beam welding, solder reflow, and resistance welding. The company caters to various industries applications which include Electronics, Automotive, Domestic Appliances, Industrial, Medical, Defence and Agriculture and Animal Husbandry Appliances. Geographically, it derives a majority of revenue from Rest of the world.

Shivalik Bimetal Controls (BOM:513097) Headlines

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