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Gabriel Pet Straps (BOM:544108) Days Inventory : 173.56 (As of Mar. 2024)


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What is Gabriel Pet Straps Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gabriel Pet Straps's Average Total Inventories for the six months ended in Mar. 2024 was ₹42.2 Mil. Gabriel Pet Straps's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹88.7 Mil. Hence, Gabriel Pet Straps's Days Inventory for the six months ended in Mar. 2024 was 86.78.

The historical rank and industry rank for Gabriel Pet Straps's Days Inventory or its related term are showing as below:

BOM:544108' s Days Inventory Range Over the Past 10 Years
Min: 14.81   Med: 35.2   Max: 173.56
Current: 173.56

During the past 4 years, Gabriel Pet Straps's highest Days Inventory was 173.56. The lowest was 14.81. And the median was 35.20.

BOM:544108's Days Inventory is ranked worse than
69.32% of 2904 companies
in the Industrial Products industry
Industry Median: 121.99 vs BOM:544108: 173.56

Gabriel Pet Straps's Days Inventory increased from Mar. 2022 (14.81) to Mar. 2024 (173.56). It might indicate that Gabriel Pet Straps's sales slowed down.

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. Gabriel Pet Straps's Inventory Turnover for the six months ended in Mar. 2024 was 2.10.

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. Gabriel Pet Straps's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.39.


Gabriel Pet Straps Days Inventory Historical Data

The historical data trend for Gabriel Pet Straps'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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Gabriel Pet Straps Days Inventory Chart

Gabriel Pet Straps Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
19.36 14.81 51.04 173.56

Gabriel Pet Straps Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Days Inventory 19.36 14.81 51.04 173.56

Competitive Comparison of Gabriel Pet Straps's Days Inventory

For the Tools & Accessories subindustry, Gabriel Pet Straps'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.


Gabriel Pet Straps's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Gabriel Pet Straps's Days Inventory falls into.



Gabriel Pet Straps Days Inventory Calculation

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

Gabriel Pet Straps'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
=( (26.035 + 58.353) / 2 ) / 88.734*365
=42.194 / 88.734*365
=173.56

Gabriel Pet Straps'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: Mar. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (26.035 + 58.353) / 2 ) / 88.734*365 / 2
=42.194 / 88.734*365 / 2
=86.78

* 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.


Gabriel Pet Straps  (BOM:544108) 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.

Gabriel Pet Straps's Inventory Turnover for the six months ended in Mar. 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.

Gabriel Pet Straps's Inventory to Revenue for the six months ended in Mar. 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.


Gabriel Pet Straps Days Inventory Related Terms

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


Gabriel Pet Straps (BOM:544108) Business Description

Comparable Companies
Traded in Other Exchanges
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Address
Gabriel Pet Straps Ltd is is engaged in the manufacturing and selling of Pet Straps under brand name of "Gabriel" widely used in packaging of heavy materials. It produce Pet Strap from 9mm to 32mm width and thickness ranging from 0.70mm to 1.30mm. It also offers customised bulk packaging solutions to different industries such as Cotton Bales, Fiber, Packaging, Paper, Waste Cloth etc.

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