Prabhat Technologies (India) (BOM:540027) Days Inventory : 450.81 (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Prabhat Technologies (India) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Prabhat Technologies (India)'s Average Total Inventories for the three months ended in Dec. 2023 was ₹14.35 Mil. Prabhat Technologies (India)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2.90 Mil. Hence, Prabhat Technologies (India)'s Days Inventory for the three months ended in Dec. 2023 was 450.81.

The historical rank and industry rank for Prabhat Technologies (India)'s Days Inventory or its related term are showing as below:

BOM:540027' s Days Inventory Range Over the Past 10 Years
Min: 28.43 Med: 66.36 Max: 425.01
Current: 130.18

During the past 13 years, Prabhat Technologies (India)'s highest Days Inventory was 425.01. The lowest was 28.43. And the median was 66.36.

BOM:540027's Days Inventory is not ranked
in the Hardware industry.
Industry Median: 101.86 vs BOM:540027: 130.18

Prabhat Technologies (India)'s Days Inventory increased from Dec. 2022 (399.32) to Dec. 2023 (450.81). It might indicate that Prabhat Technologies (India)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Prabhat Technologies (India)'s Inventory Turnover for the three months ended in Dec. 2023 was 0.20.

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. Prabhat Technologies (India)'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.33.

Prabhat Technologies (India) Days Inventory Historical Data

The historical data trend for Prabhat Technologies (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.

Prabhat Technologies (India) Days Inventory Chart

Prabhat Technologies (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

67.41

81.68

263.68

189.13

425.01

Prabhat Technologies (India) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															399.32	336.67	186.33	46.61	450.81

Competitive Comparison of Prabhat Technologies (India)'s Days Inventory

For the Communication Equipment subindustry, Prabhat Technologies (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.

Prabhat Technologies (India)'s Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Prabhat Technologies (India)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Prabhat Technologies (India)'s Days Inventory falls into.

Prabhat Technologies (India) Days Inventory Calculation

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

Prabhat Technologies (India)'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
=	( (14.804	+	16.924)	/	2 )	/	13.624	*	365
=	15.864					/	13.624	*	365
=	425.01

Prabhat Technologies (India)'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
=	( (14.347	+	0)	/	1 )	/	2.904	*	365 / 4
=	14.347					/	2.904	*	365 / 4
=	450.81

Prabhat Technologies (India) (BOM:540027) 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.

Prabhat Technologies (India)'s Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.904	/	14.347
	=	0.20

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.

Prabhat Technologies (India)'s Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.347	/	6.149
	=	2.33

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.

Prabhat Technologies (India) Days Inventory Related Terms

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

Prabhat Technologies (India) (BOM:540027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Prabhat Technologies (India) Ltd (BOM:540027) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Western Express Highway, Unit No. 402, Western Edge I, Kanakia Spaces, Borivali (East), Mumbai, MH, IND, 400066

Website

http://www.prabhatgroup.net

Prabhat Technologies (India) Ltd is engaged into design, assemble, and customize import and distribution of mobile handsets, wireless dongles / data?cards, data products and mobile / telecom accessories. The company is engaged in EMS, designing, development and distribution of mobile phones & accessories and solar Equipment's. The company sell mobiles and internet data cards and smart phones / tablets, fixed wireless terminal and high?end telecom devices under brand name Xccess & V3 Mobiles. It operates in a single segment, namely Technology & related technique equipment.

Prabhat Technologies (India) (BOM:540027) Headlines

No Headlines