Containe Technologies (BOM:543606) Days Inventory : 381.70 (As of Mar. 2024)

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What is Containe Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Containe Technologies's Average Total Inventories for the six months ended in Mar. 2024 was ₹86.9 Mil. Containe Technologies's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹41.5 Mil. Hence, Containe Technologies's Days Inventory for the six months ended in Mar. 2024 was 381.70.

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

BOM:543606' s Days Inventory Range Over the Past 10 Years
Min: 411.49 Med: 666.54 Max: 1786.21
Current: 416.44

During the past 5 years, Containe Technologies's highest Days Inventory was 1786.21. The lowest was 411.49. And the median was 666.54.

BOM:543606's Days Inventory is ranked worse than
97.72% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 80.115 vs BOM:543606: 416.44

Containe Technologies's Days Inventory declined from Mar. 2023 (391.44) to Mar. 2024 (381.70).

Inventory Turnover measures how fast the company turns over its inventory within a year. Containe Technologies's Inventory Turnover for the six months ended in Mar. 2024 was 0.48.

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. Containe Technologies's Inventory-to-Revenue for the six months ended in Mar. 2024 was 1.55.

Containe Technologies Days Inventory Historical Data

The historical data trend for Containe Technologies'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.

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Containe Technologies Days Inventory Chart

Containe Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

649.88

1,786.21

683.19

411.49

Containe Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial			-	-	391.44	476.98	381.70

Competitive Comparison of Containe Technologies's Days Inventory

For the Auto Parts subindustry, Containe Technologies'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.

Containe Technologies's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Containe Technologies's Days Inventory falls into.

Containe Technologies Days Inventory Calculation

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

Containe Technologies'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
=	( (59.551	+	94.155)	/	2 )	/	68.171	*	365
=	76.853					/	68.171	*	365
=	411.49

Containe Technologies'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
=	( (79.629	+	94.155)	/	2 )	/	41.545	*	365 / 2
=	86.892					/	41.545	*	365 / 2
=	381.70

Containe Technologies (BOM:543606) 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.

Containe Technologies's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41.545	/	86.892
	=	0.48

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.

Containe Technologies's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	86.892	/	55.945
	=	1.55

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.

Containe Technologies Days Inventory Related Terms

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

Containe Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Containe Technologies Ltd (BOM:543606) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gokul Nagar, Marriguda, House No. 3-13-142/ 341P, 342, Mallapur, Secunderabad, Hyderabad, TG, IND, 500076

Website

https://www.containe.in

Containe Technologies Ltd is engaged in the business of Automobile Safety and GPS solutions in the Automobile Sector. The company manufactures a wide range of technology-intensive electronic and mechanical automotive products.

Containe Technologies Headlines

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