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Bobshell Electrodes (BOM:526925) Days Inventory : 55.61 (As of Mar. 2024)


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What is Bobshell Electrodes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bobshell Electrodes's Average Total Inventories for the three months ended in Mar. 2024 was ₹1.76 Mil. Bobshell Electrodes's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2.89 Mil. Hence, Bobshell Electrodes's Days Inventory for the three months ended in Mar. 2024 was 55.61.

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

BOM:526925' s Days Inventory Range Over the Past 10 Years
Min: 35.96   Med: 79.43   Max: 135.11
Current: 75.15

During the past 8 years, Bobshell Electrodes's highest Days Inventory was 135.11. The lowest was 35.96. And the median was 79.43.

BOM:526925's Days Inventory is not ranked
in the Industrial Products industry.
Industry Median: 121.99 vs BOM:526925: 75.15

Bobshell Electrodes's Days Inventory declined from Mar. 2023 (91.53) to Mar. 2024 (55.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bobshell Electrodes's Inventory Turnover for the three months ended in Mar. 2024 was 1.64.

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. Bobshell Electrodes's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.27.


Bobshell Electrodes Days Inventory Historical Data

The historical data trend for Bobshell Electrodes'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.

Bobshell Electrodes Days Inventory Chart

Bobshell Electrodes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 73.77 49.92 35.96 135.11 84.34

Bobshell Electrodes Quarterly Data
Mar17 Mar18 Mar19 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 91.53 51.02 115.93 193.13 55.61

Competitive Comparison of Bobshell Electrodes's Days Inventory

For the Tools & Accessories subindustry, Bobshell Electrodes'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.


Bobshell Electrodes's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Bobshell Electrodes's Days Inventory falls into.



Bobshell Electrodes Days Inventory Calculation

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

Bobshell Electrodes'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
=( (3.587 + 1.762) / 2 ) / 11.574*365
=2.6745 / 11.574*365
=84.34

Bobshell Electrodes'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 + 1.762) / 1 ) / 2.891*365 / 4
=1.762 / 2.891*365 / 4
=55.61

* 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.


Bobshell Electrodes  (BOM:526925) 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.

Bobshell Electrodes'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.

Bobshell Electrodes'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.


Bobshell Electrodes Days Inventory Related Terms

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


Bobshell Electrodes (BOM:526925) Business Description

Traded in Other Exchanges
N/A
Address
Near Lal Bunglow, C.G. Road, 802, 8th Floor, Swagat Building, Ellisbridge, Ahmedabad, GJ, IND, 380006
Bobshell Electrodes Ltd is engaged in the business of manufacturing and marketing Low Heat Input Maintenance Welding Electrodes. The manufacturing unit of the company is situated at Village: Rakanpur, District: Gandhinagar in the state of Gujarat- India. Its portfolio of the company includes - Filling/Cladding Metal, Joining, and Surfacing.

Bobshell Electrodes (BOM:526925) Headlines

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