Vruddhi Engineering Works (BOM:544157) Days Inventory : 25.44 (As of Sep. 2024)

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What is Vruddhi Engineering Works Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vruddhi Engineering Works's Average Total Inventories for the six months ended in Sep. 2024 was ₹12.5 Mil. Vruddhi Engineering Works's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹89.8 Mil. Hence, Vruddhi Engineering Works's Days Inventory for the six months ended in Sep. 2024 was 25.44.

The historical rank and industry rank for Vruddhi Engineering Works's Days Inventory or its related term are showing as below:

BOM:544157' s Days Inventory Range Over the Past 10 Years
Min: 4.91 Med: 9.18 Max: 182.5
Current: 50.88

During the past 3 years, Vruddhi Engineering Works's highest Days Inventory was 182.50. The lowest was 4.91. And the median was 9.18.

BOM:544157's Days Inventory is ranked better than
88.02% of 2904 companies
in the Industrial Products industry
Industry Median: 121.88 vs BOM:544157: 50.88

Vruddhi Engineering Works's Days Inventory increased from Mar. 2023 (0.00) to Sep. 2024 (25.44). It might indicate that Vruddhi Engineering Works's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vruddhi Engineering Works's Inventory Turnover for the six months ended in Sep. 2024 was 7.17.

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. Vruddhi Engineering Works's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.09.

Vruddhi Engineering Works Days Inventory Historical Data

The historical data trend for Vruddhi Engineering Works'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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Vruddhi Engineering Works Days Inventory Chart

Vruddhi Engineering Works Annual Data

Trend

Mar21

Mar22

Mar23

Days Inventory

182.50

4.91

9.18

Vruddhi Engineering Works Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Days Inventory	-	-	-	19.06	25.44

Competitive Comparison of Vruddhi Engineering Works's Days Inventory

For the Specialty Industrial Machinery subindustry, Vruddhi Engineering Works'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.

Vruddhi Engineering Works's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vruddhi Engineering Works's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vruddhi Engineering Works's Days Inventory falls into.

Vruddhi Engineering Works Days Inventory Calculation

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

Vruddhi Engineering Works's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.393	+	4.334)	/	2 )	/	93.952	*	365
=	2.3635					/	93.952	*	365
=	9.18

Vruddhi Engineering Works'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: Sep. 2023 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (7.6	+	17.439)	/	2 )	/	89.819	*	365 / 2
=	12.5195					/	89.819	*	365 / 2
=	25.44

Vruddhi Engineering Works (BOM:544157) 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.

Vruddhi Engineering Works's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	89.819	/	12.5195
	=	7.17

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.

Vruddhi Engineering Works's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12.5195	/	138.295
	=	0.09

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.

Vruddhi Engineering Works Days Inventory Related Terms

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Vruddhi Engineering Works Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vruddhi Engineering Works Ltd (BOM:544157) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

N. S. Phadke Road, 1317, Hubtown Solaris, Near Flyover Bridge, Andheri East, Mumbai, MH, IND, 400069

Website

https://www.vruddhicouplers.com

Vruddhi Engineering Works Ltd is engaged in offering mechanical splicing solutions to the real estate, construction and infrastructure industry by designing, engineering and supplying of rebar couplers. It offers (a) supply of rebar couplers as per customer needs; (b) on-site threading services of the couplers; and (c) trading in threading machines and spares. The company supply its products and offers its services to the real estate, construction and infrastructure industry.

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