Days Inventory is also known as Days Sales of Inventory (DSI). HLE Glascoat's Average Total Inventories for the
three
months ended in Dec. 2024 was ₹3,350 Mil. HLE Glascoat's Cost of Goods Sold for the
three
months ended in Dec. 2024 was ₹957 Mil.
Hence, HLE Glascoat's Days Inventory for the
three
months ended in Dec. 2024 was 319.29.
The historical rank and industry rank for HLE Glascoat's Days Inventory or its related term are showing as below:
BOM:522215'
s Days Inventory Range Over the Past 10 Years
Min: 155.99 Med: 226.59 Max: 400.71
Current: 258.58
During the past 13 years, HLE Glascoat's highest Days Inventory was 400.71. The lowest was 155.99. And the median was 226.59.
BOM:522215's Days Inventory is ranked worse than 85.6% of 2910
companies
in the Industrial Products industry
Industry Median: 122.39
vs BOM:522215: 258.58
HLE Glascoat's Days Inventory
increased
from Dec. 2023 (313.55) to Dec. 2024 (319.29).
It might indicate that HLE Glascoat's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
HLE Glascoat's Inventory Turnover for the
three
months ended in Dec. 2024 was 0.29.
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.
HLE Glascoat's Inventory-to-Revenue for the
three
months ended in Dec. 2024 was 1.45.
HLE Glascoat Days Inventory Historical Data
The historical data trend for HLE Glascoat'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.
Competitive Comparison of HLE Glascoat's Days Inventory
For the Specialty Industrial Machinery subindustry, HLE Glascoat'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.
HLE Glascoat's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, HLE Glascoat's Days Inventory distribution charts can be found below:
* The bar in red indicates where HLE Glascoat's Days Inventory falls into.
HLE Glascoat Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
HLE Glascoat's Days Inventory for the fiscal year that ended in Mar. 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.
HLE Glascoat (BOM:522215) 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.
HLE Glascoat'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.
HLE Glascoat'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.
HLE Glascoat Days Inventory Related Terms
Thank you for viewing the detailed overview of HLE Glascoat's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
HLE Glascoat Ltd is an Indian company engaged in the operating segments of Filtration, Drying and Other Equipment, Glass Lined Equipment, Heat Transfer Equipment. It offers products like Reactors, Receivers/storage tanks, Dryers, Filters, Columns, Agitators, Valves, Pipes and Fittings, among others. The company generates maximum revenue from Glass Lined Equipment segments. Geographically the group derives revenue from India and Outside India, of which key income is earned within India.
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