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Jyoti CNC Automation (BOM:544081) Days Inventory : 351.30 (As of Dec. 2024)


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What is Jyoti CNC Automation Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jyoti CNC Automation's Average Total Inventories for the three months ended in Dec. 2024 was ₹8,620 Mil. Jyoti CNC Automation's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹2,239 Mil. Hence, Jyoti CNC Automation's Days Inventory for the three months ended in Dec. 2024 was 351.30.

The historical rank and industry rank for Jyoti CNC Automation's Days Inventory or its related term are showing as below:

BOM:544081' s Days Inventory Range Over the Past 10 Years
Min: 342.9   Med: 459.76   Max: 647.97
Current: 342.9

During the past 4 years, Jyoti CNC Automation's highest Days Inventory was 647.97. The lowest was 342.90. And the median was 459.76.

BOM:544081's Days Inventory is ranked worse than
91.99% of 2910 companies
in the Industrial Products industry
Industry Median: 122.51 vs BOM:544081: 342.90

Jyoti CNC Automation's Days Inventory declined from Dec. 2023 (433.11) to Dec. 2024 (351.30).

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. Jyoti CNC Automation's Inventory Turnover for the three months ended in Dec. 2024 was 0.26.

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. Jyoti CNC Automation's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.92.


Jyoti CNC Automation Days Inventory Historical Data

The historical data trend for Jyoti CNC Automation'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.

Jyoti CNC Automation Days Inventory Chart

Jyoti CNC Automation Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
647.97 486.88 432.63 406.08

Jyoti CNC Automation Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 433.11 250.80 466.78 369.35 351.30

Competitive Comparison of Jyoti CNC Automation's Days Inventory

For the Specialty Industrial Machinery subindustry, Jyoti CNC Automation'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.


Jyoti CNC Automation's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Jyoti CNC Automation's Days Inventory falls into.



Jyoti CNC Automation Days Inventory Calculation

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

Jyoti CNC Automation'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
=( (8199.04 + 8659.88) / 2 ) / 7576.67*365
=8429.46 / 7576.67*365
=406.08

Jyoti CNC Automation'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
=( (8619.99 + 0) / 1 ) / 2239.06*365 / 4
=8619.99 / 2239.06*365 / 4
=351.30

* 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.


Jyoti CNC Automation  (BOM:544081) 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.

Jyoti CNC Automation's Inventory Turnover for the three months ended in Dec. 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.

Jyoti CNC Automation's Inventory to Revenue for the three months ended in Dec. 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.


Jyoti CNC Automation Days Inventory Related Terms

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


Jyoti CNC Automation Business Description

Traded in Other Exchanges
Address
G - 506, Lodhika GIDC, Village Metoda, Rajkot, GJ, IND, 360021
Jyoti CNC Automation Ltd is a manufacturer of CNC machines. It is a manufacturer of simultaneous 5-Axis CNC machines and has a diverse portfolio of CNC machines including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs), CNC Horizontal Machining Centers (HMCs), simultaneous 3-Axis CNC machining Centers, simultaneous 5-Axis CNC machining Centers and multi-tasking machines. It operates only in one segment, Manufacturing of Metal Cutting CNC Machine.

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