GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sona BLW Precision Forgings Ltd (BOM:543300) » Definitions » Days Inventory

Sona BLW Precision Forgings (BOM:543300) Days Inventory : 82.18 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Sona BLW Precision Forgings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sona BLW Precision Forgings's Average Total Inventories for the three months ended in Mar. 2024 was ₹3,475 Mil. Sona BLW Precision Forgings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,858 Mil. Hence, Sona BLW Precision Forgings's Days Inventory for the three months ended in Mar. 2024 was 82.18.

The historical rank and industry rank for Sona BLW Precision Forgings's Days Inventory or its related term are showing as below:

BOM:543300' s Days Inventory Range Over the Past 10 Years
Min: 89.04   Med: 114.92   Max: 140.19
Current: 89.28

During the past 6 years, Sona BLW Precision Forgings's highest Days Inventory was 140.19. The lowest was 89.04. And the median was 114.92.

BOM:543300's Days Inventory is ranked worse than
56.98% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 80.63 vs BOM:543300: 89.28

Sona BLW Precision Forgings's Days Inventory declined from Mar. 2023 (86.72) to Mar. 2024 (82.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sona BLW Precision Forgings's Inventory Turnover for the three months ended in Mar. 2024 was 1.11.

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. Sona BLW Precision Forgings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.39.


Sona BLW Precision Forgings Days Inventory Historical Data

The historical data trend for Sona BLW Precision Forgings'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.

Sona BLW Precision Forgings Days Inventory Chart

Sona BLW Precision Forgings Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 140.19 125.18 129.11 102.67 89.04

Sona BLW Precision Forgings Quarterly Data
Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 86.72 93.47 86.80 97.06 82.18

Competitive Comparison of Sona BLW Precision Forgings's Days Inventory

For the Auto Parts subindustry, Sona BLW Precision Forgings'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.


Sona BLW Precision Forgings's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sona BLW Precision Forgings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sona BLW Precision Forgings's Days Inventory falls into.



Sona BLW Precision Forgings Days Inventory Calculation

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

Sona BLW Precision Forgings'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
=( (3229.41 + 3474.91) / 2 ) / 13741.35*365
=3352.16 / 13741.35*365
=89.04

Sona BLW Precision Forgings'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 + 3474.91) / 1 ) / 3858.34*365 / 4
=3474.91 / 3858.34*365 / 4
=82.18

* 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.


Sona BLW Precision Forgings  (BOM:543300) 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.

Sona BLW Precision Forgings'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.

Sona BLW Precision Forgings'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.


Sona BLW Precision Forgings Days Inventory Related Terms

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


Sona BLW Precision Forgings (BOM:543300) Business Description

Traded in Other Exchanges
Address
Sona Enclave, Sector 35, Post box No. 90, Village Begumpur Khatola, Gurugram, HR, IND, 122 004
Sona BLW Precision Forgings Ltd is an automotive technology company in India. It is primarily engaged in designing, manufacturing, and supplying of precision forged bevel gears and differential case assemblies, conventional and micro-hybrid starter motors, EV traction motors for automotive and other applications. The Company's operating business is organised and managed according to a single primary reportable business segment namely Automotive Components. Geographically, it derives a majority of revenue from Outside India.

Sona BLW Precision Forgings (BOM:543300) Headlines

No Headlines