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Rolex Rings (BOM:543325) Days Inventory : 142.97 (As of Sep. 2023)


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What is Rolex Rings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rolex Rings's Average Total Inventories for the three months ended in Sep. 2023 was ₹2,594 Mil. Rolex Rings's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹1,655 Mil. Hence, Rolex Rings's Days Inventory for the three months ended in Sep. 2023 was 142.97.

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

BOM:543325' s Days Inventory Range Over the Past 10 Years
Min: 116.03   Med: 145.87   Max: 187.73
Current: 187.73

During the past 6 years, Rolex Rings's highest Days Inventory was 187.73. The lowest was 116.03. And the median was 145.87.

BOM:543325's Days Inventory is ranked worse than
72.84% of 2905 companies
in the Industrial Products industry
Industry Median: 121.9 vs BOM:543325: 187.73

Rolex Rings's Days Inventory declined from Jun. 2022 (173.84) to Sep. 2023 (142.97).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rolex Rings's Inventory Turnover for the three months ended in Sep. 2023 was 0.64.

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. Rolex Rings's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.81.


Rolex Rings Days Inventory Historical Data

The historical data trend for Rolex Rings'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.

Rolex Rings Days Inventory Chart

Rolex Rings Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 142.49 165.67 147.38 157.38 144.35

Rolex Rings Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 184.89 154.61 142.30 142.97 -

Competitive Comparison of Rolex Rings's Days Inventory

For the Metal Fabrication subindustry, Rolex Rings'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.


Rolex Rings's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rolex Rings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rolex Rings's Days Inventory falls into.



Rolex Rings Days Inventory Calculation

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

Rolex Rings'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
=( (2555.79 + 2404.67) / 2 ) / 6271.54*365
=2480.23 / 6271.54*365
=144.35

Rolex Rings's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (2555.79 + 2631.76) / 2 ) / 1655.49*365 / 4
=2593.775 / 1655.49*365 / 4
=142.97

* 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.


Rolex Rings  (BOM:543325) 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.

Rolex Rings's Inventory Turnover for the three months ended in Sep. 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.

Rolex Rings's Inventory to Revenue for the three months ended in Sep. 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.


Rolex Rings Days Inventory Related Terms

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


Rolex Rings (BOM:543325) Business Description

Traded in Other Exchanges
Address
Gondal Road, Opposite Hotel Krishna Park, Near Kotharia Railway Crossing, Kotharia, Rajkot, GJ, IND, 360 004
Rolex Rings Ltd is a manufacturer and supplier of hot rolled forged and machined bearing rings, and automotive components for segments of vehicles, industrial machinery, wind turbines and railways, amongst other segments.

Rolex Rings (BOM:543325) Headlines

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