Rishabh Instruments (BOM:543977) Days Inventory : 199.79 (As of Dec. 2024)

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What is Rishabh Instruments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rishabh Instruments's Average Total Inventories for the three months ended in Dec. 2024 was ₹1,692 Mil. Rishabh Instruments's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹773 Mil. Hence, Rishabh Instruments's Days Inventory for the three months ended in Dec. 2024 was 199.79.

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

BOM:543977' s Days Inventory Range Over the Past 10 Years
Min: 179.2 Med: 187.03 Max: 197.04
Current: 196.88

During the past 4 years, Rishabh Instruments's highest Days Inventory was 197.04. The lowest was 179.20. And the median was 187.03.

BOM:543977's Days Inventory is ranked worse than
80.96% of 2385 companies
in the Hardware industry
Industry Median: 96.13 vs BOM:543977: 196.88

Rishabh Instruments's Days Inventory declined from Dec. 2023 (201.13) to Dec. 2024 (199.79).

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. Rishabh Instruments's Inventory Turnover for the three months ended in Dec. 2024 was 0.46.

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. Rishabh Instruments's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.93.

Rishabh Instruments Days Inventory Historical Data

The historical data trend for Rishabh Instruments'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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Rishabh Instruments Days Inventory Chart

Rishabh Instruments Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Inventory

179.20

181.79

192.26

197.04

Rishabh Instruments Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial							201.13	192.44	214.26	202.10	199.79

Competitive Comparison of Rishabh Instruments's Days Inventory

For the Scientific & Technical Instruments subindustry, Rishabh Instruments'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.

Rishabh Instruments's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rishabh Instruments's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rishabh Instruments's Days Inventory falls into.

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Rishabh Instruments Days Inventory Calculation

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

Rishabh Instruments'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
=	( (1535.06	+	1747.08)	/	2 )	/	3039.92	*	365
=	1641.07					/	3039.92	*	365
=	197.04

Rishabh Instruments's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1692.33	+	0)	/	1 )	/	772.94	*	365 / 4
=	1692.33					/	772.94	*	365 / 4
=	199.79

Rishabh Instruments (BOM:543977) 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.

Rishabh Instruments's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	772.94	/	1692.33
	=	0.46

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.

Rishabh Instruments's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1692.33	/	1811.86
	=	0.93

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.

Rishabh Instruments Days Inventory Related Terms

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

Rishabh Instruments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rishabh Instruments Ltd (BOM:543977) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

RISHABH:India

Address

F-31, MIDC, Satpur, Nagpur, MH, IND, 422007

Website

https://www.rishabh.co.in

Rishabh Instruments Ltd is engaged in manufacturing, design and development of Test and Measuring Instruments and Industrial Control Products on fundamentals; in terms of people, infrastructure and financials. The company has five segments which are electrical automation devices, metering, control, and protection devices, portable test and measuring instruments, solar string inverters, and aluminium HPDC products. The majority of its revenue generated from metering, control, and protection devices.

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