Jayaswal NECO Industries (BOM:522285) Days Inventory : 180.50 (As of Mar. 2025)

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What is Jayaswal NECO Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jayaswal NECO Industries's Average Total Inventories for the three months ended in Mar. 2025 was ₹12,141 Mil. Jayaswal NECO Industries's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹6,138 Mil. Hence, Jayaswal NECO Industries's Days Inventory for the three months ended in Mar. 2025 was 180.50.

The historical rank and industry rank for Jayaswal NECO Industries's Days Inventory or its related term are showing as below:

BOM:522285' s Days Inventory Range Over the Past 10 Years
Min: 77.06 Med: 112.18 Max: 209.68
Current: 186.12

During the past 13 years, Jayaswal NECO Industries's highest Days Inventory was 209.68. The lowest was 77.06. And the median was 112.18.

BOM:522285's Days Inventory is ranked worse than
90.41% of 584 companies
in the Steel industry
Industry Median: 87.115 vs BOM:522285: 186.12

Jayaswal NECO Industries's Days Inventory declined from Mar. 2024 (238.68) to Mar. 2025 (180.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jayaswal NECO Industries's Inventory Turnover for the three months ended in Mar. 2025 was 0.51.

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. Jayaswal NECO Industries's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.72.

Jayaswal NECO Industries Days Inventory Historical Data

The historical data trend for Jayaswal NECO Industries'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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Jayaswal NECO Industries Days Inventory Chart

Jayaswal NECO Industries Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Days Inventory

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122.13

93.77

91.78

209.68

189.47

Jayaswal NECO Industries Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Inventory	Get a 7-Day Free Trial															238.68	185.72	221.73	159.61	180.50

Competitive Comparison of Jayaswal NECO Industries's Days Inventory

For the Steel subindustry, Jayaswal NECO Industries'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.

Jayaswal NECO Industries's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jayaswal NECO Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jayaswal NECO Industries's Days Inventory falls into.

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Jayaswal NECO Industries Days Inventory Calculation

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

Jayaswal NECO Industries's Days Inventory for the fiscal year that ended in Mar. 2025 is calculated as

	Days Inventory (A: Mar. 2025 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2024 )	+	Total Inventories (A: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2025 )	*	Days in Period
=	( (14945.551	+	12140.7)	/	2 )	/	26089.4	*	365
=	13543.1255					/	26089.4	*	365
=	189.47

Jayaswal NECO Industries's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

	Days Inventory (Q: Mar. 2025 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (0	+	12140.7)	/	1 )	/	6137.6	*	365 / 4
=	12140.7					/	6137.6	*	365 / 4
=	180.50

Jayaswal NECO Industries (BOM:522285) 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.

Jayaswal NECO Industries's Inventory Turnover for the three months ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6137.6	/	12140.7
	=	0.51

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.

Jayaswal NECO Industries's Inventory to Revenue for the three months ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12140.7	/	16752.7
	=	0.72

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.

Jayaswal NECO Industries Days Inventory Related Terms

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

Jayaswal NECO Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jayaswal NECO Industries Ltd (BOM:522285) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

JAYNECOIND:India

Address

D-3/1, Central MIDC Road, Hingna MIDC Industrial Area, Nagpur, MH, IND, 440016

Website

https://www.necoindia.com

Jayaswal NECO Industries Ltd is engaged in the manufacture and supply of pig iron, sponge iron, pellet, steel, and Iron and steel casting. It specializes in the manufacture and supply of graded steels made in the form of billets, blooms and slabs from virgin metal. The company supplies steel in cast, rolled, wire, annealed, and bright bar forms catering to the demands of various engineering, industrial, construction, automotive, power, and railway industries. Its product-wise operating segments are Steel which derives key revenue, Iron and Steel Castings, and Others. Geographically, the company caters to both Indian and international markets of which, a majority of its revenue is generated from its business in India.

Jayaswal NECO Industries Headlines

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