Austin Engineering Co (BOM:522005) Days Inventory : 268.98 (As of Dec. 2023)

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What is Austin Engineering Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Austin Engineering Co's Average Total Inventories for the three months ended in Dec. 2023 was ₹334 Mil. Austin Engineering Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹113 Mil. Hence, Austin Engineering Co's Days Inventory for the three months ended in Dec. 2023 was 268.98.

The historical rank and industry rank for Austin Engineering Co's Days Inventory or its related term are showing as below:

BOM:522005' s Days Inventory Range Over the Past 10 Years
Min: 188.97 Med: 328.17 Max: 416.7
Current: 201.11

During the past 13 years, Austin Engineering Co's highest Days Inventory was 416.70. The lowest was 188.97. And the median was 328.17.

BOM:522005's Days Inventory is ranked worse than
75.88% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs BOM:522005: 201.11

Austin Engineering Co's Days Inventory increased from Dec. 2022 (261.03) to Dec. 2023 (268.98). It might indicate that Austin Engineering Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Austin Engineering Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.34.

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. Austin Engineering Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.31.

Austin Engineering Co Days Inventory Historical Data

The historical data trend for Austin Engineering Co'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.

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Austin Engineering Co Days Inventory Chart

Austin Engineering Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

262.10

346.61

323.07

246.73

188.97

Austin Engineering Co 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															261.03	108.36	271.22	242.65	268.98

Competitive Comparison of Austin Engineering Co's Days Inventory

For the Tools & Accessories subindustry, Austin Engineering Co'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.

Austin Engineering Co's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Austin Engineering Co's Days Inventory falls into.

Austin Engineering Co Days Inventory Calculation

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

Austin Engineering Co'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
=	( (433.694	+	325.736)	/	2 )	/	733.413	*	365
=	379.715					/	733.413	*	365
=	188.97

Austin Engineering Co'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
=	( (333.861	+	0)	/	1 )	/	113.261	*	365 / 4
=	333.861					/	113.261	*	365 / 4
=	268.98

Austin Engineering Co (BOM:522005) 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.

Austin Engineering Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	113.261	/	333.861
	=	0.34

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.

Austin Engineering Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	333.861	/	255.248
	=	1.31

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.

Austin Engineering Co Days Inventory Related Terms

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

Austin Engineering Co (BOM:522005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Austin Engineering Co Ltd (BOM:522005) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Village Patla, Taluka Bhesan, District Junagadh, Via Ranpur (Sorath), Post Hadmatiya, Junagadh, GJ, IND, 362030

Website

http://www.aec.com

Austin Engineering Co Ltd is a manufacturer of the range of ball and roller bearings and its components. Its product portfolio consists of deep groove ball bearings, angular contact ball bearings, self-aligning ball bearings, thin section ball bearings, thrust ball bearings, roller bearings, super precision bearings, and plain bearings. The company's products are used in various applications including Aerospace, Mining, and Quarry, Oil and Gas, Railroad, Steel Mills, Machine Tools, Wind Energy, among others. Its segments consist of Bearing and Power. The majority of its revenue is derived from the sale of bearings.

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