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Dolfin Rubbers (BOM:542013) Days Inventory : 84.51 (As of Mar. 2024)


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What is Dolfin Rubbers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dolfin Rubbers's Average Total Inventories for the three months ended in Mar. 2024 was ₹198 Mil. Dolfin Rubbers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹214 Mil. Hence, Dolfin Rubbers's Days Inventory for the three months ended in Mar. 2024 was 84.51.

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

BOM:542013' s Days Inventory Range Over the Past 10 Years
Min: 7.74   Med: 24.76   Max: 84.23
Current: 78.39

During the past 11 years, Dolfin Rubbers's highest Days Inventory was 84.23. The lowest was 7.74. And the median was 24.76.

BOM:542013's Days Inventory is ranked better than
52.58% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 81.84 vs BOM:542013: 78.39

Dolfin Rubbers's Days Inventory increased from Mar. 2023 (68.70) to Mar. 2024 (84.51). It might indicate that Dolfin Rubbers's sales slowed down.

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. Dolfin Rubbers's Inventory Turnover for the three months ended in Mar. 2024 was 1.08.

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. Dolfin Rubbers's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.57.


Dolfin Rubbers Days Inventory Historical Data

The historical data trend for Dolfin Rubbers'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.

Dolfin Rubbers Days Inventory Chart

Dolfin Rubbers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.91 30.61 60.01 84.23 82.75

Dolfin Rubbers Quarterly Data
Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 68.70 98.52 52.51 82.90 84.51

Competitive Comparison of Dolfin Rubbers's Days Inventory

For the Auto Parts subindustry, Dolfin Rubbers'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.


Dolfin Rubbers's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dolfin Rubbers's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dolfin Rubbers's Days Inventory falls into.



Dolfin Rubbers Days Inventory Calculation

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

Dolfin Rubbers's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (164.369 + 197.854) / 2 ) / 798.906*365
=181.1115 / 798.906*365
=82.75

Dolfin Rubbers's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 197.854) / 1 ) / 213.635*365 / 4
=197.854 / 213.635*365 / 4
=84.51

* 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.


Dolfin Rubbers  (BOM:542013) 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.

Dolfin Rubbers's Inventory Turnover for the three months ended in Mar. 2024 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.

Dolfin Rubbers's Inventory to Revenue for the three months ended in Mar. 2024 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.


Dolfin Rubbers Days Inventory Related Terms

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


Dolfin Rubbers (BOM:542013) Business Description

Traded in Other Exchanges
N/A
Address
26-A, Bhai Randhir Singh Nagar, Opposite Ramesh Eye Hospital, Ludhiana, PB, IND, 141012
Dolfin Rubbers Ltd The Company is mainly engaged in Manufacturing Rubber Tyres and Tubes, so the Management considers this the only business segment of the Company. The company's main business is in India. Based on its vehicle types, the tire market can be segmented into passenger cars, light commercial vehicles, medium and heavy commercial vehicles, two-wheelers and three-wheelers, and off-road, among others.

Dolfin Rubbers (BOM:542013) Headlines

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