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Suzlon Energy (BOM:532667) Days Inventory : 186.77 (As of Dec. 2023)


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What is Suzlon Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Suzlon Energy's Average Total Inventories for the three months ended in Dec. 2023 was ₹19,440 Mil. Suzlon Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹9,498 Mil. Hence, Suzlon Energy's Days Inventory for the three months ended in Dec. 2023 was 186.77.

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

BOM:532667' s Days Inventory Range Over the Past 10 Years
Min: 97.55   Med: 183.73   Max: 452.75
Current: 232.63

During the past 13 years, Suzlon Energy's highest Days Inventory was 452.75. The lowest was 97.55. And the median was 183.73.

BOM:532667's Days Inventory is ranked worse than
81.72% of 2905 companies
in the Industrial Products industry
Industry Median: 120.1 vs BOM:532667: 232.63

Suzlon Energy's Days Inventory declined from Sep. 2022 (228.57) to Dec. 2023 (186.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. Suzlon Energy's Inventory Turnover for the three months ended in Dec. 2023 was 0.49.

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. Suzlon Energy's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.25.


Suzlon Energy Days Inventory Historical Data

The historical data trend for Suzlon Energy'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.

Suzlon Energy Days Inventory Chart

Suzlon Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 338.67 447.88 452.75 175.97 184.08

Suzlon Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 228.57 218.23 125.42 206.38 186.77

Competitive Comparison of Suzlon Energy's Days Inventory

For the Specialty Industrial Machinery subindustry, Suzlon Energy'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.


Suzlon Energy's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Suzlon Energy's Days Inventory falls into.



Suzlon Energy Days Inventory Calculation

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

Suzlon Energy's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (22079 + 18271.3) / 2 ) / 40004.6*365
=20175.15 / 40004.6*365
=184.08

Suzlon Energy's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (19440.3 + 0) / 1 ) / 9497.8*365 / 4
=19440.3 / 9497.8*365 / 4
=186.77

* 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.


Suzlon Energy  (BOM:532667) 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.

Suzlon Energy's Inventory Turnover for the three months ended in Dec. 2023 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.

Suzlon Energy's Inventory to Revenue for the three months ended in Dec. 2023 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.


Suzlon Energy Days Inventory Related Terms

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


Suzlon Energy (BOM:532667) Business Description

Traded in Other Exchanges
Address
One Earth, Hadapsar, Pune, MH, IND, 411028
Suzlon Energy Ltd provides renewable energy solutions. The company's products comprise wind turbine generators and related components, as well as solar energy solutions. In addition, the company provides services that support the operation of wind turbine generators. The sale of wind turbines, solar systems, and other parts accounts for the majority of the company's sales. The company generates almost all its revenue from India, Europe, the USA and Canada.

Suzlon Energy (BOM:532667) Headlines

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