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Scan Projects (BOM:531797) Days Inventory : 42.71 (As of Mar. 2024)


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What is Scan Projects Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Scan Projects's Average Total Inventories for the three months ended in Mar. 2024 was ₹8.47 Mil. Scan Projects's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹18.10 Mil. Hence, Scan Projects's Days Inventory for the three months ended in Mar. 2024 was 42.71.

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

BOM:531797' s Days Inventory Range Over the Past 10 Years
Min: 10.18   Med: 23.5   Max: 51.37
Current: 33.17

During the past 9 years, Scan Projects's highest Days Inventory was 51.37. The lowest was 10.18. And the median was 23.50.

BOM:531797's Days Inventory is ranked better than
93.75% of 2898 companies
in the Industrial Products industry
Industry Median: 121.57 vs BOM:531797: 33.17

Scan Projects's Days Inventory increased from Mar. 2023 (12.40) to Mar. 2024 (42.71). It might indicate that Scan Projects's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Scan Projects's Inventory Turnover for the three months ended in Mar. 2024 was 2.14.

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. Scan Projects's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.28.


Scan Projects Days Inventory Historical Data

The historical data trend for Scan Projects'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.

Scan Projects Days Inventory Chart

Scan Projects Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 24.07 23.48 10.20 10.18 33.17

Scan Projects 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 12.40 6.90 - - 42.71

Competitive Comparison of Scan Projects's Days Inventory

For the Specialty Industrial Machinery subindustry, Scan Projects'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.


Scan Projects's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Scan Projects's Days Inventory falls into.



Scan Projects Days Inventory Calculation

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

Scan Projects'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
=( (1.164 + 8.471) / 2 ) / 53.009*365
=4.8175 / 53.009*365
=33.17

Scan Projects'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 + 8.471) / 1 ) / 18.097*365 / 4
=8.471 / 18.097*365 / 4
=42.71

* 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.


Scan Projects  (BOM:531797) 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.

Scan Projects'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.

Scan Projects'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.


Scan Projects Days Inventory Related Terms

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


Scan Projects (BOM:531797) Business Description

Traded in Other Exchanges
N/A
Address
Delhi Road, 1, Village Jorian, Yamuna Nagar, HR, IND, 135001
Scan Projects Ltd formerly Known as Ambala Cements Limited is engaged in the erection, commissioning, supervision, project drawing, designing, and trading of fabricating material, equipment parts, and other material. Domestic sales generate maximum revenue for the company. Geographically, the company operates in India and outside India.

Scan Projects (BOM:531797) Headlines

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