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Bharat Dynamics (BOM:541143) Days Inventory : 730.99 (As of Dec. 2023)


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What is Bharat Dynamics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bharat Dynamics's Average Total Inventories for the three months ended in Dec. 2023 was ₹17,377 Mil. Bharat Dynamics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,169 Mil. Hence, Bharat Dynamics's Days Inventory for the three months ended in Dec. 2023 was 730.99.

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

BOM:541143' s Days Inventory Range Over the Past 10 Years
Min: 255.3   Med: 326.08   Max: 650.95
Current: 650.95

During the past 11 years, Bharat Dynamics's highest Days Inventory was 650.95. The lowest was 255.30. And the median was 326.08.

BOM:541143's Days Inventory is ranked worse than
95.85% of 289 companies
in the Aerospace & Defense industry
Industry Median: 139.54 vs BOM:541143: 650.95

Bharat Dynamics's Days Inventory declined from Dec. 2022 (1,121.55) to Dec. 2023 (730.99).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bharat Dynamics's Inventory Turnover for the three months ended in Dec. 2023 was 0.12.

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. Bharat Dynamics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.91.


Bharat Dynamics Days Inventory Historical Data

The historical data trend for Bharat Dynamics'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.

Bharat Dynamics Days Inventory Chart

Bharat Dynamics 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 391.57 298.69 488.92 472.34 532.64

Bharat Dynamics 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 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 1,121.55 445.72 1,338.01 584.11 730.99

Competitive Comparison of Bharat Dynamics's Days Inventory

For the Aerospace & Defense subindustry, Bharat Dynamics'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.


Bharat Dynamics's Days Inventory Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Bharat Dynamics's Days Inventory falls into.



Bharat Dynamics Days Inventory Calculation

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

Bharat Dynamics'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
=( (16544.513 + 18224.375) / 2 ) / 11912.974*365
=17384.444 / 11912.974*365
=532.64

Bharat Dynamics'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
=( (17376.794 + 0) / 1 ) / 2169.143*365 / 4
=17376.794 / 2169.143*365 / 4
=730.99

* 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.


Bharat Dynamics  (BOM:541143) 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.

Bharat Dynamics'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.

Bharat Dynamics'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.


Bharat Dynamics Days Inventory Related Terms

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


Bharat Dynamics (BOM:541143) Business Description

Traded in Other Exchanges
Address
TSFC Building, Near ICICI towers, Plot No. 38-39, Financial District, Gachibowli, Hyderabad, TG, IND, 500032
Bharat Dynamics Ltd engages in the manufacture and sale of defense equipment. It specializes in surface-to-air missiles, air defense systems, heavyweight torpedoes, air-to-air missiles, and other allied equipment. Its products comprise of Akash weapon system, Dispensing System, Milan 2T, Konkurs, and Submarine Fired Decoy, among others.

Bharat Dynamics (BOM:541143) Headlines

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