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Paramount Communications (BOM:530555) Days Inventory : 96.15 (As of Dec. 2024)


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What is Paramount Communications Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Paramount Communications's Average Total Inventories for the three months ended in Dec. 2024 was ₹2,938 Mil. Paramount Communications's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹2,788 Mil. Hence, Paramount Communications's Days Inventory for the three months ended in Dec. 2024 was 96.15.

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

BOM:530555' s Days Inventory Range Over the Past 10 Years
Min: 21.29   Med: 77.26   Max: 96.68
Current: 88.14

During the past 13 years, Paramount Communications's highest Days Inventory was 96.68. The lowest was 21.29. And the median was 77.26.

BOM:530555's Days Inventory is ranked better than
54.82% of 2386 companies
in the Hardware industry
Industry Median: 96.04 vs BOM:530555: 88.14

Paramount Communications's Days Inventory increased from Dec. 2023 (92.96) to Dec. 2024 (96.15). It might indicate that Paramount Communications's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Paramount Communications's Inventory Turnover for the three months ended in Dec. 2024 was 0.95.

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. Paramount Communications's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.75.


Paramount Communications Days Inventory Historical Data

The historical data trend for Paramount Communications'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.

Paramount Communications Days Inventory Chart

Paramount Communications 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 74.76 91.85 85.72 70.76 79.75

Paramount Communications Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 92.96 88.27 88.82 102.86 96.15

Competitive Comparison of Paramount Communications's Days Inventory

For the Communication Equipment subindustry, Paramount Communications'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.


Paramount Communications's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Paramount Communications's Days Inventory distribution charts can be found below:

* The bar in red indicates where Paramount Communications's Days Inventory falls into.


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Paramount Communications Days Inventory Calculation

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

Paramount Communications'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
=( (1130.964 + 2342.754) / 2 ) / 7949.075*365
=1736.859 / 7949.075*365
=79.75

Paramount Communications's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (2937.842 + 0) / 1 ) / 2788.187*365 / 4
=2937.842 / 2788.187*365 / 4
=96.15

* 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.


Paramount Communications  (BOM:530555) 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.

Paramount Communications's Inventory Turnover for the three months ended in Dec. 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.

Paramount Communications's Inventory to Revenue for the three months ended in Dec. 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.


Paramount Communications Days Inventory Related Terms

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


Paramount Communications Business Description

Traded in Other Exchanges
Address
KH-433, Maulsari Avenue, Westend Greens, New Delhi, IND, 110037
Paramount Communications Ltd is a wire and cable manufacturing company. Its product portfolio consists of low-voltage and high-voltage power cables, aerial bunch cables (ABC), control and instrumentation cables, thermocouple extension and compensating cables, fire performance cables, and others. Its products are used in the power, railways, telecom and information technology (IT), petrochemicals, construction, and defense industries. The company operates in a single business segment which is Wire and Cables comprising of power cables, telecom cables, railway cables and specialised cables.

Paramount Communications Headlines

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