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Shri Balaji Valve Components (BOM:544074) Days Inventory : 82.33 (As of Sep. 2024)


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What is Shri Balaji Valve Components Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shri Balaji Valve Components's Average Total Inventories for the six months ended in Sep. 2024 was ₹100.0 Mil. Shri Balaji Valve Components's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹221.6 Mil. Hence, Shri Balaji Valve Components's Days Inventory for the six months ended in Sep. 2024 was 82.33.

The historical rank and industry rank for Shri Balaji Valve Components's Days Inventory or its related term are showing as below:

BOM:544074' s Days Inventory Range Over the Past 10 Years
Min: 69.74   Med: 72.12   Max: 124.77
Current: 70.76

During the past 4 years, Shri Balaji Valve Components's highest Days Inventory was 124.77. The lowest was 69.74. And the median was 72.12.

BOM:544074's Days Inventory is ranked better than
78.9% of 2910 companies
in the Industrial Products industry
Industry Median: 122.51 vs BOM:544074: 70.76

Shri Balaji Valve Components's Days Inventory increased from Sep. 2023 (67.98) to Sep. 2024 (82.33). It might indicate that Shri Balaji Valve Components's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shri Balaji Valve Components's Inventory Turnover for the six months ended in Sep. 2024 was 2.22.

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. Shri Balaji Valve Components's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.27.

Shri Balaji Valve Components Days Inventory Historical Data

The historical data trend for Shri Balaji Valve Components'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.

Shri Balaji Valve Components Days Inventory Chart

Shri Balaji Valve Components Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
124.77 72.61 69.74 71.63

Shri Balaji Valve Components Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Days Inventory Get a 7-Day Free Trial - - 67.98 74.42 82.33

Competitive Comparison of Shri Balaji Valve Components's Days Inventory

For the Specialty Industrial Machinery subindustry, Shri Balaji Valve Components'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.

Shri Balaji Valve Components's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shri Balaji Valve Components's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shri Balaji Valve Components's Days Inventory falls into.


Shri Balaji Valve Components Days Inventory Calculation

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

Shri Balaji Valve Components'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
=( (83.843 + 119.901) / 2 ) / 519.128*365
=101.872 / 519.128*365
=71.63

Shri Balaji Valve Components's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (119.901 + 80.024) / 2 ) / 221.59*365 / 2
=99.9625 / 221.59*365 / 2
=82.33

* 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.

Shri Balaji Valve Components  (BOM:544074) 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.

Shri Balaji Valve Components's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=221.59 / 99.9625
=2.22

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.

Shri Balaji Valve Components's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=99.9625 / 369.645
=0.27

* 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.

Shri Balaji Valve Components Days Inventory Related Terms

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

Shri Balaji Valve Components Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shri Balaji Valve Components Ltd (BOM:544074) » Definitions » Days Inventory
Comparable Companies
BOM:539398 NSE:GLOBALPET NSE:SCML BOM:544177 BOM:522294 BOM:504908 NSE:UHTL NSE:LATTEYS BOM:543236 BOM:531888 XTER:SIE XPAR:SU ETN PH OSTO:ATCO A ITW EMR CMI XTER:ENR TSE:7011
Traded in Other Exchanges
N/A
Address
Plot No - PAP B 31, Phase - 2 Khed, Block A, 1st & 2nd Floor, Chakan MIDC, PCNTDA Green Building, Bhamboli, Pune, MH, IND, 410501
Website
https://www.balajivalvecomponents.com
Shri Balaji Valve Components Ltd is engaged in the business of manufacturing ready-to-assemble valve components catering to manufacturing of the valves which are used in different industries and different sizes depending on the customer's specifications. It manufactures and supplies various types of valve components that are used in the manufacturing of ball valves, butterfly valves, and other valves including forging products. Its valve components are used to manufacture valves that serve industries which are in different sectors.

Shri Balaji Valve Components Headlines

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