Shilchar Technologies (BOM:531201) Days Inventory : 83.37 (As of Mar. 2024)

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What is Shilchar Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shilchar Technologies's Average Total Inventories for the three months ended in Mar. 2024 was ₹596 Mil. Shilchar Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹652 Mil. Hence, Shilchar Technologies's Days Inventory for the three months ended in Mar. 2024 was 83.37.

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

BOM:531201' s Days Inventory Range Over the Past 10 Years
Min: 37.01 Med: 57.64 Max: 135.05
Current: 74.52

During the past 13 years, Shilchar Technologies's highest Days Inventory was 135.05. The lowest was 37.01. And the median was 57.64.

BOM:531201's Days Inventory is ranked better than
76.82% of 2899 companies
in the Industrial Products industry
Industry Median: 121.51 vs BOM:531201: 74.52

Shilchar Technologies's Days Inventory increased from Dec. 2022 (49.38) to Mar. 2024 (83.37). It might indicate that Shilchar Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shilchar Technologies's Inventory Turnover for the three months ended in Mar. 2024 was 1.09.

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. Shilchar Technologies's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.56.

Shilchar Technologies Days Inventory Historical Data

The historical data trend for Shilchar Technologies'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.

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Shilchar Technologies Days Inventory Chart

Shilchar Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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135.05

96.81

76.24

49.91

60.14

Shilchar Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															49.38	32.57	46.03	55.01	83.37

Competitive Comparison of Shilchar Technologies's Days Inventory

For the Electrical Equipment & Parts subindustry, Shilchar Technologies'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.

Shilchar Technologies's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Shilchar Technologies's Days Inventory falls into.

Shilchar Technologies Days Inventory Calculation

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

Shilchar Technologies'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
=	( (231.219	+	595.603)	/	2 )	/	2508.876	*	365
=	413.411					/	2508.876	*	365
=	60.14

Shilchar Technologies'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	+	595.603)	/	1 )	/	651.93	*	365 / 4
=	595.603					/	651.93	*	365 / 4
=	83.37

Shilchar Technologies (BOM:531201) 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.

Shilchar Technologies's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	651.93	/	595.603
	=	1.09

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.

Shilchar Technologies's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	595.603	/	1054.27
	=	0.56

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.

Shilchar Technologies Days Inventory Related Terms

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

Shilchar Technologies (BOM:531201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shilchar Technologies Ltd (BOM:531201) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Bil Road, Bil, Vadodara, GJ, IND, 391 410

Website

https://www.shilchar.com/ent

Shilchar Technologies Ltd manufactures and sells transformers in India. It provides power and distribution transformers; linear transformers, including R core transformers, EI transformers, toroidal transformers, and energy meter CT's; telecom and data transformers; and standard line transformers. It serves government utilities, private utilities, EPC contractors, and power plant developers and contractors; and pharmaceutical and chemical, oil and gas, engineering, cement, healthcare, food and beverage, glass and automotive, textile and ceramic, and hospitality industries, as well as renewable energy plant manufacturers, contractors, and developers. Geographically, the group has a business presence in India and other countries, of which a majority of revenue is derived from India.

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