Days Inventory is also known as Days Sales of Inventory (DSI). IMEC Services's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹39.5 Mil. IMEC Services's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹2.8 Mil.
Hence, IMEC Services's Days Inventory for the
three
months ended in Dec. 2023 was 1,284.62.
The historical rank and industry rank for IMEC Services's Days Inventory or its related term are showing as below:
BOM:513295'
s Days Inventory Range Over the Past 10 Years
Min: 32.25 Med: 46.03 Max: 123.68
Current: 45.75
During the past 13 years, IMEC Services's highest Days Inventory was 123.68. The lowest was 32.25. And the median was 46.03.
BOM:513295's Days Inventory is ranked better than 78.53% of 573
companies
in the Steel industry
Industry Median: 85.66
vs BOM:513295: 45.75
IMEC Services's Days Inventory
increased
from Dec. 2022 (178.46) to Dec. 2023 (1,284.62).
It might indicate that IMEC Services's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
IMEC Services's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.07.
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.
IMEC Services's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 11.30.
IMEC Services Days Inventory Historical Data
The historical data trend for IMEC Services'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.
Competitive Comparison of IMEC Services's Days Inventory
For the Steel subindustry, IMEC Services'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.
IMEC Services's Days Inventory Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, IMEC Services's Days Inventory distribution charts can be found below:
* The bar in red indicates where IMEC Services's Days Inventory falls into.
IMEC Services Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
IMEC Services's Days Inventory for the fiscal year that ended in Mar. 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.
IMEC Services (BOM:513295) 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.
IMEC Services'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.
IMEC Services'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.
IMEC Services Days Inventory Related Terms
Thank you for viewing the detailed overview of IMEC Services's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
IMEC Services Ltd manufactures cold-rolled steel coils & sheets. The company manufactures low-carbon, medium-carbon, and special-grade cold-rolled products. It manufactures cold-rolled full hard coils for manufacturing of galvanized sheets of different applications; cold-rolled close annealed steel coils and sheets for automobile applications, and cold-rolled non-oriented electrical steel in semi-processed condition., The Company has identified its reportable segments which are Steel (Job Work + Trading), Service (Includes Operations related to Consultancy and Trading (Others). It generates majority of its revenue from Steel segment.
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