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Eveready Industries India (BOM:531508) Days Inventory : 147.20 (As of Mar. 2024)


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What is Eveready Industries India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eveready Industries India's Average Total Inventories for the three months ended in Mar. 2024 was ₹2,505 Mil. Eveready Industries India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,553 Mil. Hence, Eveready Industries India's Days Inventory for the three months ended in Mar. 2024 was 147.20.

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

BOM:531508' s Days Inventory Range Over the Past 10 Years
Min: 103.42   Med: 115.31   Max: 124.78
Current: 124.78

During the past 13 years, Eveready Industries India's highest Days Inventory was 124.78. The lowest was 103.42. And the median was 115.31.

BOM:531508's Days Inventory is ranked worse than
51.41% of 2904 companies
in the Industrial Products industry
Industry Median: 121.99 vs BOM:531508: 124.78

Eveready Industries India's Days Inventory increased from Mar. 2023 (132.53) to Mar. 2024 (147.20). It might indicate that Eveready Industries India's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eveready Industries India's Inventory Turnover for the three months ended in Mar. 2024 was 0.62.

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. Eveready Industries India's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.89.


Eveready Industries India Days Inventory Historical Data

The historical data trend for Eveready Industries 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.

Eveready Industries India Days Inventory Chart

Eveready Industries India 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 113.74 120.59 122.25 110.46 124.72

Eveready Industries India 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 132.53 110.28 112.99 137.08 147.20

Competitive Comparison of Eveready Industries India's Days Inventory

For the Electrical Equipment & Parts subindustry, Eveready Industries 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.


Eveready Industries India's Days Inventory Distribution in the Industrial Products Industry

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

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



Eveready Industries India Days Inventory Calculation

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

Eveready Industries India'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
=( (2596.499 + 2504.5) / 2 ) / 7464.2*365
=2550.4995 / 7464.2*365
=124.72

Eveready Industries India'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 + 2504.5) / 1 ) / 1552.5*365 / 4
=2504.5 / 1552.5*365 / 4
=147.20

* 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.


Eveready Industries India  (BOM:531508) 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.

Eveready Industries India'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.

Eveready Industries India'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.


Eveready Industries India Days Inventory Related Terms

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


Eveready Industries India (BOM:531508) Business Description

Traded in Other Exchanges
Address
2, Rainey Park, Kolkata, WB, IND, 700 019
Eveready Industries India Ltd is an FMCG company. The Company is engaged in the business of marketing of dry cell batteries, rechargeable batteries, flashlights and lighting products which come under a single business segment known as Consumer Goods. It manufactures and markets dry cell and rechargeable batteries, flashlights, and lanterns, packet tea, LED bulbs and luminaries, devices like mobile power banks, rechargeable fans, and radio and small home appliances. The firm markets these products under Eveready, Powercell, Uniross, Tez, Jaago and Premium gold brands. It has manufacturing facilities in Chennai, Lucknow, Noida, Haridwar, Maddur, and Kolkata.

Eveready Industries India (BOM:531508) Headlines

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