Linde India (BOM:523457) Days Inventory : 33.04 (As of Dec. 2023)

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What is Linde India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Linde India's Average Total Inventories for the three months ended in Dec. 2023 was ₹827 Mil. Linde India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,285 Mil. Hence, Linde India's Days Inventory for the three months ended in Dec. 2023 was 33.04.

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

BOM:523457' s Days Inventory Range Over the Past 10 Years
Min: 24.55 Med: 77.13 Max: 146.65
Current: 39.77

During the past 13 years, Linde India's highest Days Inventory was 146.65. The lowest was 24.55. And the median was 77.13.

BOM:523457's Days Inventory is ranked better than
84.73% of 1493 companies
in the Chemicals industry
Industry Median: 82.8 vs BOM:523457: 39.77

Linde India's Days Inventory increased from Sep. 2022 (21.41) to Dec. 2023 (33.04). It might indicate that Linde India's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Linde India's Inventory Turnover for the three months ended in Dec. 2023 was 2.76.

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. Linde India's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.12.

Linde India Days Inventory Historical Data

The historical data trend for Linde India'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.

Linde India Days Inventory Chart

Linde India Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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62.01

57.47

69.22

36.58

24.55

Linde India Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															21.41	-	-	30.26	33.04

Competitive Comparison of Linde India's Days Inventory

For the Specialty Chemicals subindustry, Linde India'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.

Linde India's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Linde India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Linde India's Days Inventory falls into.

Linde India Days Inventory Calculation

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

Linde India's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (691.04	+	0)	/	1 )	/	10275.09	*	365
=	691.04					/	10275.09	*	365
=	24.55

Linde India'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
=	( (827.25	+	0)	/	1 )	/	2284.53	*	365 / 4
=	827.25					/	2284.53	*	365 / 4
=	33.04

Linde India (BOM:523457) 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.

Linde India's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2284.53	/	827.25
	=	2.76

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.

Linde India's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	827.25	/	7062.43
	=	0.12

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.

Linde India Days Inventory Related Terms

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

Linde India (BOM:523457) Business Description

Industry

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LINDEINDIA:India

Address

P43 Taratala Road, Oxygen House, Kolkata, WB, IND, 700 088

Website

https://www.linde.in

Linde India Ltd is a manufacturer of industrial gases. It operates in two segments: Gases and Related Products, which comprises pipeline gas supplies (Onsite) to large industrial customers, mainly the steel, glass, and chemical industries; and Project Engineering, which includes design, engineering, supply, installation, testing, and commissioning of Air Separation Plants and related projects on turnkey basis. The majority of its revenue comes from its Gases segment from the domestic market.

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