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Technofab Engineering (BOM:533216) Days Inventory : 0.26 (As of Sep. 2022)


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What is Technofab Engineering Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Technofab Engineering's Average Total Inventories for the three months ended in Sep. 2022 was ₹1 Mil. Technofab Engineering's Cost of Goods Sold for the three months ended in Sep. 2022 was ₹319 Mil. Hence, Technofab Engineering's Days Inventory for the three months ended in Sep. 2022 was 0.26.

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

BOM:533216's Days Inventory is not ranked *
in the Construction industry.
Industry Median: 49.18
* Ranked among companies with meaningful Days Inventory only.

Technofab Engineering's Days Inventory declined from Sep. 2021 (1.12) to Sep. 2022 (0.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. Technofab Engineering's Inventory Turnover for the three months ended in Sep. 2022 was 347.42.

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. Technofab Engineering's Inventory-to-Revenue for the three months ended in Sep. 2022 was 0.00.


Technofab Engineering Days Inventory Historical Data

The historical data trend for Technofab Engineering'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.

Technofab Engineering Days Inventory Chart

Technofab Engineering Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.46 38.76 82.26 82.95 3.64

Technofab Engineering Quarterly Data
Mar17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 1.12 0.64 0.31 0.30 0.26

Competitive Comparison of Technofab Engineering's Days Inventory

For the Engineering & Construction subindustry, Technofab Engineering'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.


Technofab Engineering's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Technofab Engineering's Days Inventory distribution charts can be found below:

* The bar in red indicates where Technofab Engineering's Days Inventory falls into.



Technofab Engineering Days Inventory Calculation

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

Technofab Engineering's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

Days Inventory (A: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (20.155 + 1.421) / 2 ) / 1083.117*365
=10.788 / 1083.117*365
=3.64

Technofab Engineering's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0 + 0.919) / 1 ) / 319.281*365 / 4
=0.919 / 319.281*365 / 4
=0.26

* 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.


Technofab Engineering  (BOM:533216) 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.

Technofab Engineering's Inventory Turnover for the three months ended in Sep. 2022 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.

Technofab Engineering's Inventory to Revenue for the three months ended in Sep. 2022 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.


Technofab Engineering Days Inventory Related Terms

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


Technofab Engineering (BOM:533216) Business Description

Traded in Other Exchanges
N/A
Address
Mathura Road, Plot No.5, Sector-27C, Faridabad, HR, IND, 121003
Technofab Engineering Ltd is engaged majorly in the business of construction and engineering. In addition, the company provides long-distance pipelines, communication and power line and construction services. It serves both domestic and overseas clients, who operate in diverse sectors like thermal power, nuclear power, electrical, oil and gas, and industrial. It has operations in India, Ghana, Ethiopia, Kenya, Zambia, Fiji, Malawi, Liberia, and Zimbabwe. The Company is engaged primarily in one primary business segment of engineering procurement contracts for electricity, water infrastructure, oil handling systems etc.

Technofab Engineering (BOM:533216) Headlines

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