GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bharat Seats Ltd (BOM:523229) » Definitions » Days Inventory

Bharat Seats (BOM:523229) Days Inventory : 15.71 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Bharat Seats Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bharat Seats's Average Total Inventories for the three months ended in Mar. 2024 was ₹397 Mil. Bharat Seats's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,307 Mil. Hence, Bharat Seats's Days Inventory for the three months ended in Mar. 2024 was 15.71.

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

BOM:523229' s Days Inventory Range Over the Past 10 Years
Min: 6.85   Med: 12.83   Max: 20.96
Current: 13.63

During the past 13 years, Bharat Seats's highest Days Inventory was 20.96. The lowest was 6.85. And the median was 12.83.

BOM:523229's Days Inventory is ranked better than
96.9% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 81.57 vs BOM:523229: 13.63

Bharat Seats's Days Inventory increased from Mar. 2023 (10.44) to Mar. 2024 (15.71). It might indicate that Bharat Seats's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bharat Seats's Inventory Turnover for the three months ended in Mar. 2024 was 5.81.

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. Bharat Seats's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.14.


Bharat Seats Days Inventory Historical Data

The historical data trend for Bharat Seats'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.

Bharat Seats Days Inventory Chart

Bharat Seats 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 15.96 19.63 20.96 16.58 14.10

Bharat Seats 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 10.44 12.40 11.83 13.62 15.71

Competitive Comparison of Bharat Seats's Days Inventory

For the Auto Parts subindustry, Bharat Seats'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.


Bharat Seats's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Bharat Seats's Days Inventory falls into.



Bharat Seats Days Inventory Calculation

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

Bharat Seats'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
=( (288.377 + 397.269) / 2 ) / 8876.387*365
=342.823 / 8876.387*365
=14.10

Bharat Seats'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 + 397.269) / 1 ) / 2307.407*365 / 4
=397.269 / 2307.407*365 / 4
=15.71

* 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.


Bharat Seats  (BOM:523229) 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.

Bharat Seats'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.

Bharat Seats'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.


Bharat Seats Days Inventory Related Terms

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


Bharat Seats (BOM:523229) Business Description

Traded in Other Exchanges
N/A
Address
1, Nelson Mandela Road, Vasant Kunj, New Delhi, IND, 110070
Bharat Seats Ltd is an Indian-based company. The company manufactures complete seating systems and interior components for automotive and surface transport. The products of the company include Four wheeler seating system, Two wheeler seating systems, Moulded carpets, Two wheeler frames and sheet metal components, Railway seats and berths, and Two-wheeler mainframes. The company has market coverage in India.

Bharat Seats (BOM:523229) Headlines

No Headlines