Cochin Shipyard (BOM:540678) Days Inventory : 97.84 (As of Dec. 2023)

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What is Cochin Shipyard Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cochin Shipyard's Average Total Inventories for the three months ended in Dec. 2023 was ₹7,470 Mil. Cochin Shipyard's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹6,967 Mil. Hence, Cochin Shipyard's Days Inventory for the three months ended in Dec. 2023 was 97.84.

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

BOM:540678' s Days Inventory Range Over the Past 10 Years
Min: 43.57 Med: 59.53 Max: 95.93
Current: 71.53

During the past 12 years, Cochin Shipyard's highest Days Inventory was 95.93. The lowest was 43.57. And the median was 59.53.

BOM:540678's Days Inventory is ranked better than
77.16% of 289 companies
in the Aerospace & Defense industry
Industry Median: 142.68 vs BOM:540678: 71.53

Cochin Shipyard's Days Inventory increased from Dec. 2022 (63.77) to Dec. 2023 (97.84). It might indicate that Cochin Shipyard's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cochin Shipyard's Inventory Turnover for the three months ended in Dec. 2023 was 0.93.

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. Cochin Shipyard's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.71.

Cochin Shipyard Days Inventory Historical Data

The historical data trend for Cochin Shipyard'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.

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Cochin Shipyard Days Inventory Chart

Cochin Shipyard Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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49.13

43.57

72.11

55.97

63.08

Cochin Shipyard 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															63.77	56.09	96.00	88.00	97.84

Competitive Comparison of Cochin Shipyard's Days Inventory

For the Aerospace & Defense subindustry, Cochin Shipyard'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.

Cochin Shipyard's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cochin Shipyard's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cochin Shipyard's Days Inventory falls into.

Cochin Shipyard Days Inventory Calculation

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

Cochin Shipyard'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
=	( (2983.603	+	3729.971)	/	2 )	/	19424.454	*	365
=	3356.787					/	19424.454	*	365
=	63.08

Cochin Shipyard'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
=	( (7470.361	+	0)	/	1 )	/	6966.922	*	365 / 4
=	7470.361					/	6966.922	*	365 / 4
=	97.84

Cochin Shipyard (BOM:540678) 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.

Cochin Shipyard's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6966.922	/	7470.361
	=	0.93

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.

Cochin Shipyard's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7470.361	/	10563.981
	=	0.71

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.

Cochin Shipyard Days Inventory Related Terms

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

Cochin Shipyard (BOM:540678) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Cochin Shipyard Ltd (BOM:540678) » Definitions » Days Inventory

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COCHINSHIP:India

Address

Administrative Building, Cochin Shipyard Premises, Perumanoor, Ernakulam, Kochi, KL, IND, 682 015

Website

https://www.cochinshipyard.in

Cochin Shipyard Ltd is an Indian-based company engaged in the business activities of Shipbuilding and Ship repair. The company has two operating segments, namely, Shipbuilding and Repair of Ships/Offshore Structures. It generates maximum revenue from the Shipbuilding segment. The Shipbuilding segment offers products such as Oil Tankers, Bulk Carriers, Electric Passenger Ferries, Pax Vessels, Tugs, Aircraft Carriers, Pollution Control Vessels, and many more. The Ship repair segment includes maintenance and repair of all types of vessels including Tankers, Bulk Carriers, Aircraft Carriers, Defense Vessels, and all kinds of Commercial and Specialized vessels.

Cochin Shipyard (BOM:540678) Headlines

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