Ruby Cables (BOM:539836) Days Inventory: 14.17 (As of Mar. 2017)

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What is Ruby Cables Days Inventory?

Ruby Cables BOM:539836 Days Inventory is 14.17 as of Mar. 2017.

Days Inventory is also known as Days Sales of Inventory (DSI). Ruby Cables's Average Total Inventories for the six months ended in Mar. 2017 was ₹77.0 Mil. Ruby Cables's Cost of Goods Sold for the six months ended in Mar. 2017 was ₹991.9 Mil. Hence, Ruby Cables's Days Inventory for the six months ended in Mar. 2017 was 14.17.

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

BOM:539836's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 120.315
* Ranked among companies with meaningful Days Inventory only.

Ruby Cables's Days Inventory declined from Mar. 2016 (48.57) to Mar. 2017 (14.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ruby Cables's Inventory Turnover for the six months ended in Mar. 2017 was 12.88.

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. Ruby Cables's Inventory-to-Revenue for the six months ended in Mar. 2017 was 0.09.


Ruby Cables  (BOM:539836) 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.

Ruby Cables's Inventory Turnover for the six months ended in Mar. 2017 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.

Ruby Cables's Inventory to Revenue for the six months ended in Mar. 2017 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.


Ruby Cables Days Inventory Related Terms


Ruby Cables Days Inventory Historical Data

* Premium members only.

The historical data trend for Ruby Cables'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.

Ruby Cables Days Inventory Chart

Ruby Cables Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Days Inventory
Get a 7-Day Free Trial 49.19 39.68 58.84 49.37 26.74

Ruby Cables Semi-Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Sep15 Mar16 Sep16 Mar17
Days Inventory Get a 7-Day Free Trial Premium Member Only 0.00 62.59 48.57 392.42 14.17

BOM:539836 vs TNLX, MFCO: Days Inventory Comparison

For the Electrical Equipment & Parts subindustry, Ruby Cables'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.


Ruby Cables Days Inventory vs Industrial Products Industry

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

* The bar in red indicates where Ruby Cables's Days Inventory falls into.



Ruby Cables Days Inventory Calculation

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

Ruby Cables's Days Inventory for the fiscal year that ended in Mar. 2017 is calculated as

Days Inventory (A: Mar. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2016 ) + Total Inventories (A: Mar. 2017 )) / count ) / Cost of Goods Sold (A: Mar. 2017 )*Days in Period
=( (137.917 + 16.801) / 2 ) / 1055.85*365
=77.359 / 1055.85*365
=26.74

Ruby Cables's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

Days Inventory (Q: Mar. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2016 ) + Total Inventories (Q: Mar. 2017 )) / count ) / Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=( (137.273 + 16.801) / 2 ) / 991.859*365 / 2
=77.037 / 991.859*365 / 2
=14.17

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 14.17 mean?
Ruby Cables (BOM:539836) has a Days Inventory of 14.17 as of Mar. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ruby Cables and its competitors.
Is Ruby Cables' Days Inventory too high?
Ruby Cables' current Days Inventory is 14.17. The Industrial Products industry median Days Inventory is 120.32. Ruby Cables' value of 14.17 is 88.2% below this industry median.
How does Ruby Cables' Days Inventory compare to TNLX and MFCO?
Ruby Cables' Days Inventory of 14.17 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 120.32. Ruby Cables' value of 14.17 is 88.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 120.32, based on 2,968 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ruby Cables's current Days Inventory of 14.17 is 88.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ruby Cables and its competitors. For the Industrial Products industry, the median Days Inventory is 120.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ruby Cables's current Days Inventory is 14.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruby Cables stock overvalued right now?
Ruby Cables (BOM:539836) has a current Days Inventory of 14.17. The current Days Inventory is 14.17 and 88.2% below the Industrial Products industry median of 120.32. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Ruby Cables (BOM:539836), the current Days Inventory is 14.17 as of Mar. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ruby Cables Business Description

Address 15, G.I.D.C., Manjusar, Taluk Savli, Vadodara, GJ, IND, 391775
Ruby Cables Ltd is the manufacturer of all types of polyvinyl chloride/chemically cross-linked polyethylene Foam(PVC/XLPE) insulated low tension wires and cables. The company also manufactures all aluminium conductors(AAC), all aluminium alloy conductors(AAAC), aluminium conductor steel reinforced cable(ACSR) and aerial bunch cables. The company is based in India.