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Gandhi Special Tubes (BOM:513108) Days Inventory : 142.53 (As of Dec. 2023)


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What is Gandhi Special Tubes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gandhi Special Tubes's Average Total Inventories for the three months ended in Dec. 2023 was ₹243 Mil. Gandhi Special Tubes's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹156 Mil. Hence, Gandhi Special Tubes's Days Inventory for the three months ended in Dec. 2023 was 142.53.

The historical rank and industry rank for Gandhi Special Tubes's Days Inventory or its related term are showing as below:

BOM:513108' s Days Inventory Range Over the Past 10 Years
Min: 120.15   Med: 181.21   Max: 318.32
Current: 120.15

During the past 13 years, Gandhi Special Tubes's highest Days Inventory was 318.32. The lowest was 120.15. And the median was 181.21.

BOM:513108's Days Inventory is ranked worse than
50.15% of 2905 companies
in the Industrial Products industry
Industry Median: 119.85 vs BOM:513108: 120.15

Gandhi Special Tubes's Days Inventory declined from Dec. 2022 (143.47) to Dec. 2023 (142.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gandhi Special Tubes's Inventory Turnover for the three months ended in Dec. 2023 was 0.64.

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. Gandhi Special Tubes's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.59.


Gandhi Special Tubes Days Inventory Historical Data

The historical data trend for Gandhi Special Tubes'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.

Gandhi Special Tubes Days Inventory Chart

Gandhi Special Tubes Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 201.52 318.32 204.60 153.37 126.64

Gandhi Special Tubes 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 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 143.47 114.25 113.60 123.97 142.53

Competitive Comparison of Gandhi Special Tubes's Days Inventory

For the Metal Fabrication subindustry, Gandhi Special Tubes'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.


Gandhi Special Tubes's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gandhi Special Tubes's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gandhi Special Tubes's Days Inventory falls into.



Gandhi Special Tubes Days Inventory Calculation

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

Gandhi Special Tubes'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
=( (237.772 + 236.995) / 2 ) / 684.169*365
=237.3835 / 684.169*365
=126.64

Gandhi Special Tubes'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
=( (242.997 + 0) / 1 ) / 155.568*365 / 4
=242.997 / 155.568*365 / 4
=142.53

* 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.


Gandhi Special Tubes  (BOM:513108) 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.

Gandhi Special Tubes's Inventory Turnover for the three months ended in Dec. 2023 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.

Gandhi Special Tubes's Inventory to Revenue for the three months ended in Dec. 2023 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.


Gandhi Special Tubes Days Inventory Related Terms

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


Gandhi Special Tubes (BOM:513108) Business Description

Traded in Other Exchanges
Address
55 Hughes Road, Next to Dharam Palace, 201-204, Plaza, 2nd Floor, Mumbai, MH, IND, 400007
Gandhi Special Tubes Ltd manufactures and markets welded and seamless steel tubes of different sizes and specifications, and cold-formed coupling nuts. The company is involved in manufacturing automobile components, cold-formed tube nuts for fuel injection tube assemblies, hydraulic and other tube assemblies. Its products include Welded Tubes, Seamless Tubes, Wind Power, and Cold Formed Nuts. Products of the firm are supplied to the original equipment manufacturers of the automotive sector, farm equipment manufacturers, construction equipment manufacturers, refrigerator manufacturers, and other engineering industries. It also operates in the power sector through windmills installed in Maharashtra and Gujarat.

Gandhi Special Tubes (BOM:513108) Headlines

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