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Cubex Tubings (BOM:526027) Days Inventory : 31.40 (As of Mar. 2024)


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What is Cubex Tubings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cubex Tubings's Average Total Inventories for the three months ended in Mar. 2024 was ₹154 Mil. Cubex Tubings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹447 Mil. Hence, Cubex Tubings's Days Inventory for the three months ended in Mar. 2024 was 31.40.

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

BOM:526027' s Days Inventory Range Over the Past 10 Years
Min: 34.75   Med: 53.32   Max: 104.74
Current: 35.01

During the past 13 years, Cubex Tubings's highest Days Inventory was 104.74. The lowest was 34.75. And the median was 53.32.

BOM:526027's Days Inventory is ranked better than
85.37% of 663 companies
in the Metals & Mining industry
Industry Median: 88.19 vs BOM:526027: 35.01

Cubex Tubings's Days Inventory declined from Mar. 2023 (37.55) to Mar. 2024 (31.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cubex Tubings's Inventory Turnover for the three months ended in Mar. 2024 was 2.91.

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. Cubex Tubings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.31.


Cubex Tubings Days Inventory Historical Data

The historical data trend for Cubex Tubings'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.

Cubex Tubings Days Inventory Chart

Cubex Tubings 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 99.71 104.74 50.77 41.91 34.75

Cubex Tubings 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 37.55 44.69 30.92 34.60 31.40

Competitive Comparison of Cubex Tubings's Days Inventory

For the Copper subindustry, Cubex Tubings'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.


Cubex Tubings's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cubex Tubings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cubex Tubings's Days Inventory falls into.



Cubex Tubings Days Inventory Calculation

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

Cubex Tubings'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
=( (220.99 + 153.691) / 2 ) / 1967.504*365
=187.3405 / 1967.504*365
=34.75

Cubex Tubings'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 + 153.691) / 1 ) / 446.698*365 / 4
=153.691 / 446.698*365 / 4
=31.40

* 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.


Cubex Tubings  (BOM:526027) 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.

Cubex Tubings'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.

Cubex Tubings'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.


Cubex Tubings Days Inventory Related Terms

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


Cubex Tubings (BOM:526027) Business Description

Traded in Other Exchanges
Address
Sarojini Devi Road, 1-7-27 to 34, 2nd Floor, Shyam Towers, United Building Complex, Secunderabad, TG, IND, 500003
Cubex Tubings Ltd is a producer of copper and copper-base alloy products. It manufactures seamless tubes, rods, strips, profiles, and wires of copper and copper-based alloys such as Cupronickel, admiralty Brass, and Aluminum Brass. The products are used by the industries such as Power plants, Power plant manufacturers, switchgear, Refineries, Furnace manufacturers, Sugar plants, Automobile, Electrical Equipment industries, and Shipbuilding. The company operates in only one segment which is Copper and copper alloy products.

Cubex Tubings (BOM:526027) Headlines

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