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RR Metalmakers India (BOM:531667) Days Inventory : 106.83 (As of Mar. 2024)


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What is RR Metalmakers India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RR Metalmakers India's Average Total Inventories for the three months ended in Mar. 2024 was ₹216.1 Mil. RR Metalmakers India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹184.6 Mil. Hence, RR Metalmakers India's Days Inventory for the three months ended in Mar. 2024 was 106.83.

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

BOM:531667' s Days Inventory Range Over the Past 10 Years
Min: 48.94   Med: 88.46   Max: 145.48
Current: 84.88

During the past 13 years, RR Metalmakers India's highest Days Inventory was 145.48. The lowest was 48.94. And the median was 88.46.

BOM:531667's Days Inventory is ranked better than
52.9% of 569 companies
in the Steel industry
Industry Median: 88.3 vs BOM:531667: 84.88

RR Metalmakers India's Days Inventory declined from Mar. 2023 (136.38) to Mar. 2024 (106.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. RR Metalmakers India's Inventory Turnover for the three months ended in Mar. 2024 was 0.85.

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. RR Metalmakers India's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.09.


RR Metalmakers India Days Inventory Historical Data

The historical data trend for RR Metalmakers 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.

RR Metalmakers India Days Inventory Chart

RR Metalmakers 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 69.91 92.03 77.89 99.87 84.88

RR Metalmakers 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 136.38 38.19 - - 106.83

Competitive Comparison of RR Metalmakers India's Days Inventory

For the Steel subindustry, RR Metalmakers 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.


RR Metalmakers India's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, RR Metalmakers India's Days Inventory distribution charts can be found below:

* The bar in red indicates where RR Metalmakers India's Days Inventory falls into.



RR Metalmakers India Days Inventory Calculation

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

RR Metalmakers 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
=( (199.618 + 216.12) / 2 ) / 893.91*365
=207.869 / 893.91*365
=84.88

RR Metalmakers 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 + 216.12) / 1 ) / 184.608*365 / 4
=216.12 / 184.608*365 / 4
=106.83

* 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.


RR Metalmakers India  (BOM:531667) 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.

RR Metalmakers 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.

RR Metalmakers 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.


RR Metalmakers India Days Inventory Related Terms

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


RR Metalmakers India (BOM:531667) Business Description

Traded in Other Exchanges
N/A
Address
93/95, Kazi Sayed Street, 2nd Floor, Sugar House, Masjid Bunder West, Mumbai, MH, IND, 400 003
RR Metalmakers India Ltd is engaged in the trading business of Steel and Iron Ores segments. It offers ERW PIPES, PPGI COLOUR COILS, PPGI courrgated profile sheets, Galvanised G.P. coils/sheets, Galvanised corrugated sheets, Hot Rolled Steel Coils / Sheets, etc. The company operates in two segments which are the Trade and manufacturing of Iron Ores and Steel. It generates key revenue from Steel and Iron Ores Trading.

RR Metalmakers India (BOM:531667) Headlines

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