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Metalyst Forgings (BOM:513335) Days Inventory : 193.89 (As of Jun. 2023)


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What is Metalyst Forgings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Metalyst Forgings's Average Total Inventories for the three months ended in Jun. 2023 was ₹905 Mil. Metalyst Forgings's Cost of Goods Sold for the three months ended in Jun. 2023 was ₹426 Mil. Hence, Metalyst Forgings's Days Inventory for the three months ended in Jun. 2023 was 193.89.

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

BOM:513335' s Days Inventory Range Over the Past 10 Years
Min: 93.41   Med: 171.77   Max: 380.58
Current: 380.58

During the past 13 years, Metalyst Forgings's highest Days Inventory was 380.58. The lowest was 93.41. And the median was 171.77.

BOM:513335's Days Inventory is ranked worse than
93.54% of 2895 companies
in the Industrial Products industry
Industry Median: 121.51 vs BOM:513335: 380.58

Metalyst Forgings's Days Inventory increased from Mar. 2022 (99.24) to Jun. 2023 (193.89). It might indicate that Metalyst Forgings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Metalyst Forgings's Inventory Turnover for the three months ended in Jun. 2023 was 0.47.

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. Metalyst Forgings's Inventory-to-Revenue for the three months ended in Jun. 2023 was 1.36.


Metalyst Forgings Days Inventory Historical Data

The historical data trend for Metalyst Forgings'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.

Metalyst Forgings Days Inventory Chart

Metalyst Forgings Annual Data
Trend Jun12 Sep14 Sep15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.47 259.00 241.76 175.34 152.62

Metalyst Forgings Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23
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 99.24 194.30 185.28 - 193.89

Competitive Comparison of Metalyst Forgings's Days Inventory

For the Metal Fabrication subindustry, Metalyst Forgings'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.


Metalyst Forgings's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Metalyst Forgings's Days Inventory falls into.



Metalyst Forgings Days Inventory Calculation

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

Metalyst Forgings'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
=( (927.545 + 905.169) / 2 ) / 2191.518*365
=916.357 / 2191.518*365
=152.62

Metalyst Forgings's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (905.169 + 0) / 1 ) / 426*365 / 4
=905.169 / 426*365 / 4
=193.89

* 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.


Metalyst Forgings  (BOM:513335) 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.

Metalyst Forgings's Inventory Turnover for the three months ended in Jun. 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.

Metalyst Forgings's Inventory to Revenue for the three months ended in Jun. 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.


Metalyst Forgings Days Inventory Related Terms

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


Metalyst Forgings (BOM:513335) Business Description

Traded in Other Exchanges
Address
Gat No. 614, Village Kuruli, Taluka Khed, Pune, MH, IND, 410501
Metalyst Forgings Ltd is engaged in manufacturing of wide range of engineered forging components viz. hot forged parts and high tensile fasteners for automotive and non-automotive segments.

Metalyst Forgings (BOM:513335) Headlines

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