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Fine-Line Circuits (BOM:517264) Days Inventory : 217.22 (As of Dec. 2023)


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What is Fine-Line Circuits Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fine-Line Circuits's Average Total Inventories for the three months ended in Dec. 2023 was ₹86.4 Mil. Fine-Line Circuits's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹36.3 Mil. Hence, Fine-Line Circuits's Days Inventory for the three months ended in Dec. 2023 was 217.22.

The historical rank and industry rank for Fine-Line Circuits's Days Inventory or its related term are showing as below:

BOM:517264' s Days Inventory Range Over the Past 10 Years
Min: 94.42   Med: 110.77   Max: 172.61
Current: 172.61

During the past 13 years, Fine-Line Circuits's highest Days Inventory was 172.61. The lowest was 94.42. And the median was 110.77.

BOM:517264's Days Inventory is ranked worse than
74.66% of 2407 companies
in the Hardware industry
Industry Median: 102.53 vs BOM:517264: 172.61

Fine-Line Circuits's Days Inventory increased from Dec. 2022 (177.20) to Dec. 2023 (217.22). It might indicate that Fine-Line Circuits'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. Fine-Line Circuits's Inventory Turnover for the three months ended in Dec. 2023 was 0.42.

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. Fine-Line Circuits's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.33.


Fine-Line Circuits Days Inventory Historical Data

The historical data trend for Fine-Line Circuits'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.

Fine-Line Circuits Days Inventory Chart

Fine-Line Circuits 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 107.70 123.93 128.36 94.42 118.25

Fine-Line Circuits 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 177.20 90.06 236.51 326.31 217.22

Competitive Comparison of Fine-Line Circuits's Days Inventory

For the Electronic Components subindustry, Fine-Line Circuits'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.


Fine-Line Circuits's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Fine-Line Circuits's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fine-Line Circuits's Days Inventory falls into.



Fine-Line Circuits Days Inventory Calculation

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

Fine-Line Circuits'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
=( (54.65 + 64.642) / 2 ) / 184.106*365
=59.646 / 184.106*365
=118.25

Fine-Line Circuits'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
=( (86.383 + 0) / 1 ) / 36.288*365 / 4
=86.383 / 36.288*365 / 4
=217.22

* 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.


Fine-Line Circuits  (BOM:517264) 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.

Fine-Line Circuits'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.

Fine-Line Circuits'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.


Fine-Line Circuits Days Inventory Related Terms

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


Fine-Line Circuits (BOM:517264) Business Description

Traded in Other Exchanges
N/A
Address
145, SDF-V, Seepz (Special Economic Zone), Andheri (East), Mumbai, MH, IND, 400096
Fine-Line Circuits Ltd is engaged in the production and distribution of electrical components and related products. The company's product portfolio includes products like Printed circuit boards (PCBs) which also contribute maximum revenue. Its products comprise High-frequency microwave PCBs, Multilayer PCBs, High copper PCBs, Backplane PCBs, and Impedance-controlled PCBs. Geographically company generates revenue from the sale of PCBs from both India as well as exports outside India.

Fine-Line Circuits (BOM:517264) Headlines

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