Spectra Industries (BOM:513687) Days Inventory: 0.00 (As of Dec. 2023)

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BOM:513687 Spectra Industries Ltd BOM:513687
4 GF Score
Price ₹3.85
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What is Spectra Industries Days Inventory?

Spectra Industries BOM:513687 -0.26% 4 Days Inventory is 0.00 as of Dec. 2023. GuruFocus rates BOM:513687 with a GF Score™ of 4/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Spectra Industries's Average Total Inventories for the three months ended in Dec. 2023 was ₹1.61 Mil. Spectra Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.00 Mil.

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

BOM:513687's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.595
* Ranked among companies with meaningful Days Inventory only.

Spectra Industries's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Spectra Industries's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.

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.


Spectra Industries  (BOM:513687) 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.

Spectra Industries'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.

Spectra Industries'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.


Spectra Industries Days Inventory Related Terms


Spectra Industries Days Inventory Historical Data

* Premium members only.

The historical data trend for Spectra Industries'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.

Spectra Industries Days Inventory Chart

Spectra Industries 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 220.59 16,516.25 0.00 547.50 547.50

Spectra Industries 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 0.00 228.30 0.00 0.00 0.00

BOM:513687 vs CVNA, KMX, PAG: Days Inventory Comparison

For the Auto & Truck Dealerships subindustry, Spectra Industries'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.


Spectra Industries Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Spectra Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Spectra Industries's Days Inventory falls into.


BOM:513687
4GF Score
Spectra Industries Ltd BOM:513687
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Spectra Industries Days Inventory Calculation

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

Spectra Industries'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
=( (3.222 + 1.611) / 2 ) / 1.611*365
=2.4165 / 1.611*365
=547.50

Spectra Industries'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
=( (1.611 + 1.611) / 2 ) / 0*365 / 4
=1.611 / 0*365 / 4
=N/A

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.00 mean?
Spectra Industries (BOM:513687) has a Days Inventory of 0.00 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Spectra Industries and its competitors.
Is Spectra Industries' Days Inventory too high?
Spectra Industries' current Days Inventory is 0.00. Overall, Spectra Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Spectra Industries' Days Inventory compare to CVNA and KMX?
Spectra Industries' Days Inventory of 0.00 can be compared against companies in the Vehicles & Parts industry. The industry median Days Inventory is 80.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.60, based on 1,300 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Spectra Industries and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spectra Industries's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectra Industries stock overvalued right now?
Spectra Industries (BOM:513687) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Spectra Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Spectra Industries (BOM:513687), the current Days Inventory is 0.00 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Spectra Industries Business Description

Address Spectra Compound, Ramchandra Lane Extension, Plot No. 9, Kanchpada II, Malad (West), Mumbai, MH, IND, 400064
Spectra Industries Ltd is engaged in the Automobile Dealership Business of Light Commercial Vehicles (LCV) and Heavy Commercial Vehicles (HCV) manufactured by Mahindra & Mahindra Ltd.
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₹3.85
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