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Bemco Hydraulics (BOM:522650) Days Inventory : 129.76 (As of Mar. 2024)


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What is Bemco Hydraulics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bemco Hydraulics's Average Total Inventories for the three months ended in Mar. 2024 was ₹229.8 Mil. Bemco Hydraulics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹161.6 Mil. Hence, Bemco Hydraulics's Days Inventory for the three months ended in Mar. 2024 was 129.76.

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

BOM:522650' s Days Inventory Range Over the Past 10 Years
Min: 150.95   Med: 314.86   Max: 719.3
Current: 176.14

During the past 13 years, Bemco Hydraulics's highest Days Inventory was 719.30. The lowest was 150.95. And the median was 314.86.

BOM:522650's Days Inventory is ranked worse than
69.97% of 2904 companies
in the Industrial Products industry
Industry Median: 121.99 vs BOM:522650: 176.14

Bemco Hydraulics's Days Inventory declined from Mar. 2023 (306.38) to Mar. 2024 (129.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bemco Hydraulics's Inventory Turnover for the three months ended in Mar. 2024 was 0.70.

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. Bemco Hydraulics's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.81.


Bemco Hydraulics Days Inventory Historical Data

The historical data trend for Bemco Hydraulics'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.

Bemco Hydraulics Days Inventory Chart

Bemco Hydraulics 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 556.69 186.90 150.95 381.99 193.58

Bemco Hydraulics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 306.38 174.47 145.08 306.02 129.76

Competitive Comparison of Bemco Hydraulics's Days Inventory

For the Specialty Industrial Machinery subindustry, Bemco Hydraulics'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.


Bemco Hydraulics's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Bemco Hydraulics's Days Inventory falls into.



Bemco Hydraulics Days Inventory Calculation

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

Bemco Hydraulics'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
=( (278.596 + 229.761) / 2 ) / 479.271*365
=254.1785 / 479.271*365
=193.58

Bemco Hydraulics's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 229.761) / 1 ) / 161.575*365 / 4
=229.761 / 161.575*365 / 4
=129.76

* 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.


Bemco Hydraulics  (BOM:522650) 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.

Bemco Hydraulics's Inventory Turnover for the three months ended in Mar. 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.

Bemco Hydraulics's Inventory to Revenue for the three months 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.


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.


Bemco Hydraulics Days Inventory Related Terms

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


Bemco Hydraulics (BOM:522650) Business Description

Traded in Other Exchanges
N/A
Address
Udyambag, Industrial Estate, Belgaum, KA, IND, 590 008
Bemco Hydraulics Ltd is an India-based company operating in the manufacturing and sale of hydraulic press machine, portable re-railing equipment, advanced high-performance components, and systems. The company's products are used in heavy engineering works, Aeronautics, defense, Railways, Automobile, forging, and Sheet metal. Its product includes C Frame/Throat Type Presses, Straightening Press, Sheet Metal Forming, Moulding Presses, Baling Presses, SPMs, and Hydraulic Wheel Fitting Presses. The company generates maximum revenue from Portable Re-Railing Equipements.

Bemco Hydraulics (BOM:522650) Headlines

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