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Bharat Heavy Electricals (Bharat Heavy Electricals) Days Inventory : 119.35 (As of Mar. 2024)


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What is Bharat Heavy Electricals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bharat Heavy Electricals's Average Total Inventories for the three months ended in Mar. 2024 was $869.72 Mil. Bharat Heavy Electricals's Cost of Goods Sold for the three months ended in Mar. 2024 was $664.96 Mil. Hence, Bharat Heavy Electricals's Days Inventory for the three months ended in Mar. 2024 was 119.35.

The historical rank and industry rank for Bharat Heavy Electricals's Days Inventory or its related term are showing as below:

BRHTY' s Days Inventory Range Over the Past 10 Years
Min: 123.56   Med: 163.98   Max: 247.56
Current: 155.34

During the past 13 years, Bharat Heavy Electricals's highest Days Inventory was 247.56. The lowest was 123.56. And the median was 163.98.

BRHTY's Days Inventory is ranked worse than
64.09% of 2907 companies
in the Industrial Products industry
Industry Median: 121.9 vs BRHTY: 155.34

Bharat Heavy Electricals's Days Inventory increased from Mar. 2023 (108.77) to Mar. 2024 (119.35). It might indicate that Bharat Heavy Electricals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bharat Heavy Electricals's Inventory Turnover for the three months ended in Mar. 2024 was 0.76.

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. Bharat Heavy Electricals's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.92.


Bharat Heavy Electricals Days Inventory Historical Data

The historical data trend for Bharat Heavy Electricals'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.

Bharat Heavy Electricals Days Inventory Chart

Bharat Heavy Electricals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 224.58 244.39 173.79 154.94 152.44

Bharat Heavy Electricals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 108.77 173.67 184.05 169.81 119.35

Competitive Comparison of Bharat Heavy Electricals's Days Inventory

For the Specialty Industrial Machinery subindustry, Bharat Heavy Electricals'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.


Bharat Heavy Electricals's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bharat Heavy Electricals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bharat Heavy Electricals's Days Inventory falls into.



Bharat Heavy Electricals Days Inventory Calculation

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

Bharat Heavy Electricals'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
=( (821.221 + 869.724) / 2 ) / 2024.431*365
=845.4725 / 2024.431*365
=152.44

Bharat Heavy Electricals'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 869.724) / 1 ) / 664.958*365 / 4
=869.724 / 664.958*365 / 4
=119.35

* 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.


Bharat Heavy Electricals  (GREY:BRHTY) 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.

Bharat Heavy Electricals's Inventory Turnover for the three 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.

Bharat Heavy Electricals's Inventory to Revenue for the three 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.


Bharat Heavy Electricals Days Inventory Related Terms

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


Bharat Heavy Electricals (Bharat Heavy Electricals) Business Description

Traded in Other Exchanges
Address
BHEL House, Siri Fort, New Delhi, IND, 110 049
Bharat Heavy Electricals Ltd is an integrated power plant equipment manufacturer and one of the largest engineering and manufacturing companies in India. Its products and services serve power, transportation, energy, oil and gas, defence, and other industrial markets. The company has three business segments: Power (which contributes the majority of total revenue), Industry sector and International Operations. Bharat's product portfolio consists of heavy industrial equipment and components, including turbines, valves, pumps, boilers, and insulators. In addition, the company offers aftersales service to customers for maintenance and repairs and can help synchronize power plants. The majority of total revenue is derived from India, but the company has a footprint in many different regions.

Bharat Heavy Electricals (Bharat Heavy Electricals) Headlines