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RACL Geartech (BOM:520073) Days Inventory : 361.50 (As of Dec. 2024)


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What is RACL Geartech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RACL Geartech's Average Total Inventories for the three months ended in Dec. 2024 was ₹1,467 Mil. RACL Geartech's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹370 Mil. Hence, RACL Geartech's Days Inventory for the three months ended in Dec. 2024 was 361.50.

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

BOM:520073' s Days Inventory Range Over the Past 10 Years
Min: 125.02   Med: 181.6   Max: 353.75
Current: 353.75

During the past 13 years, RACL Geartech's highest Days Inventory was 353.75. The lowest was 125.02. And the median was 181.60.

BOM:520073's Days Inventory is ranked worse than
97.49% of 1276 companies
in the Vehicles & Parts industry
Industry Median: 80.605 vs BOM:520073: 353.75

RACL Geartech's Days Inventory increased from Dec. 2023 (289.12) to Dec. 2024 (361.50). It might indicate that RACL Geartech'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. RACL Geartech's Inventory Turnover for the three months ended in Dec. 2024 was 0.25.

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. RACL Geartech's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.30.


RACL Geartech Days Inventory Historical Data

The historical data trend for RACL Geartech'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.

RACL Geartech Days Inventory Chart

RACL Geartech 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 158.56 192.56 125.02 252.90 352.23

RACL Geartech 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 289.12 427.61 329.04 411.88 361.50

Competitive Comparison of RACL Geartech's Days Inventory

For the Auto Parts subindustry, RACL Geartech'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.


RACL Geartech's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where RACL Geartech's Days Inventory falls into.


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RACL Geartech Days Inventory Calculation

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

RACL Geartech'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
=( (952.972 + 1267.132) / 2 ) / 1150.3*365
=1110.052 / 1150.3*365
=352.23

RACL Geartech'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
=( (1466.984 + 0) / 1 ) / 370.3*365 / 4
=1466.984 / 370.3*365 / 4
=361.50

* 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.


RACL Geartech  (BOM:520073) 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.

RACL Geartech'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.

RACL Geartech'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.


RACL Geartech Days Inventory Related Terms

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


RACL Geartech Business Description

Traded in Other Exchanges
Address
Pinnacle Business Park, B-9, Ground Floor, Sector-3, Noida, UP, IND, 201301
RACL Geartech Ltd manufactures and markets automotive components. It specializes in gears, shafts, and other accessories. Its products include Transmission Gears and Shafts, Reduction Gears Trains CVT Gear Boxes, Engine Timing Gears, Sub-Assemblies, Sprockets and Ratchets, Precision Machined Parts, Synchronizing Cones and Rings and Industrial Gears. The firm produces automotive components for motorcycles and scooters, three-wheeler passenger vehicles, four-wheeler passenger vehicles, agricultural machinery, tractors, and light and heavy commercial vehicles. The group has a global business presence. It generates its main revenue from exports.

RACL Geartech Headlines

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