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Igarashi Motors India (BOM:517380) Days Inventory : 74.83 (As of Dec. 2024)


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What is Igarashi Motors India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Igarashi Motors India's Average Total Inventories for the three months ended in Dec. 2024 was ₹1,108 Mil. Igarashi Motors India's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1,351 Mil. Hence, Igarashi Motors India's Days Inventory for the three months ended in Dec. 2024 was 74.83.

The historical rank and industry rank for Igarashi Motors India's Days Inventory or its related term are showing as below:

BOM:517380' s Days Inventory Range Over the Past 10 Years
Min: 40.6   Med: 70.75   Max: 97.77
Current: 71.02

During the past 13 years, Igarashi Motors India's highest Days Inventory was 97.77. The lowest was 40.60. And the median was 70.75.

BOM:517380's Days Inventory is ranked better than
58.73% of 1272 companies
in the Vehicles & Parts industry
Industry Median: 80.975 vs BOM:517380: 71.02

Igarashi Motors India's Days Inventory declined from Dec. 2023 (87.86) to Dec. 2024 (74.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Igarashi Motors India's Inventory Turnover for the three months ended in Dec. 2024 was 1.22.

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. Igarashi Motors India's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.53.


Igarashi Motors India Days Inventory Historical Data

The historical data trend for Igarashi Motors India'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.

Igarashi Motors India Days Inventory Chart

Igarashi Motors India Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.35 97.77 87.74 77.28 81.66

Igarashi Motors India Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 87.86 69.37 69.87 72.09 74.83

Competitive Comparison of Igarashi Motors India's Days Inventory

For the Auto Parts subindustry, Igarashi Motors India'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.


Igarashi Motors India's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Igarashi Motors India's Days Inventory falls into.



Igarashi Motors India Days Inventory Calculation

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

Igarashi Motors India's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (1086.021 + 1132.047) / 2 ) / 4957.202*365
=1109.034 / 4957.202*365
=81.66

Igarashi Motors India's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (1107.705 + 0) / 1 ) / 1350.803*365 / 4
=1107.705 / 1350.803*365 / 4
=74.83

* 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.


Igarashi Motors India  (BOM:517380) 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.

Igarashi Motors India's Inventory Turnover for the three months ended in Dec. 2024 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.

Igarashi Motors India's Inventory to Revenue for the three months ended in Dec. 2024 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.


Igarashi Motors India Days Inventory Related Terms

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


Igarashi Motors India Business Description

Traded in Other Exchanges
Address
Plot No. B-12 to B-15, Phase II, MEPZ - SEZ, Tambaram, Chennai, TN, IND, 600 045
Igarashi Motors India Ltd produces micro motors and their accessories mainly for the automotive sector. It is engaged in designing and manufacturing small, permanent magnet DC motors. It has operations in Japan, India Hong Kong Germany United States of America Rest of the world. The company drives the majority of its sales in India.

Igarashi Motors India Headlines

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