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Gleam Fabmat (BOM:542477) Days Inventory : 904.92 (As of Mar. 2024)


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What is Gleam Fabmat Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gleam Fabmat's Average Total Inventories for the six months ended in Mar. 2024 was ₹30.46 Mil. Gleam Fabmat's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹6.14 Mil. Hence, Gleam Fabmat's Days Inventory for the six months ended in Mar. 2024 was 904.92.

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

BOM:542477' s Days Inventory Range Over the Past 10 Years
Min: 10.64   Med: 129.19   Max: 1809.85
Current: 1809.53

During the past 6 years, Gleam Fabmat's highest Days Inventory was 1809.85. The lowest was 10.64. And the median was 129.19.

BOM:542477's Days Inventory is not ranked
in the Metals & Mining industry.
Industry Median: 87.68 vs BOM:542477: 1809.53

Gleam Fabmat's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (904.92). It might indicate that Gleam Fabmat'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. Gleam Fabmat's Inventory Turnover for the six months ended in Mar. 2024 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. Gleam Fabmat's Inventory-to-Revenue for the six months ended in Mar. 2024 was 4.65.


Gleam Fabmat Days Inventory Historical Data

The historical data trend for Gleam Fabmat'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.

Gleam Fabmat Days Inventory Chart

Gleam Fabmat Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 129.19 47.05 302.85 - 1,809.85

Gleam Fabmat Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 904.92

Competitive Comparison of Gleam Fabmat's Days Inventory

For the Aluminum subindustry, Gleam Fabmat'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.


Gleam Fabmat's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gleam Fabmat's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gleam Fabmat's Days Inventory falls into.



Gleam Fabmat Days Inventory Calculation

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

Gleam Fabmat'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
=( (30.444 + 30.476) / 2 ) / 6.143*365
=30.46 / 6.143*365
=1,809.85

Gleam Fabmat'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (30.444 + 30.476) / 2 ) / 6.143*365 / 2
=30.46 / 6.143*365 / 2
=904.92

* 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.


Gleam Fabmat  (BOM:542477) 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.

Gleam Fabmat's Inventory Turnover for the six 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.

Gleam Fabmat's Inventory to Revenue for the six 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.


Gleam Fabmat Days Inventory Related Terms

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


Gleam Fabmat (BOM:542477) Business Description

Traded in Other Exchanges
N/A
Address
Prahladnagar Trade Center Radio Mirchi Road, D-1209, Vejalpur, Ahmedabad, GJ, IND, 380051
Gleam Fabmat Ltd is engaged in two primary businesses Segment Trading in aluminum and allied metal products and Trading in textiles products Trading in aluminum and allied metal products have a major contribution towards total Revenue.

Gleam Fabmat (BOM:542477) Headlines

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