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Treet Battery (KAR:TBL) Days Inventory : 57.77 (As of Mar. 2024)


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What is Treet Battery Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Treet Battery's Average Total Inventories for the three months ended in Mar. 2024 was ₨1,223 Mil. Treet Battery's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨1,932 Mil. Hence, Treet Battery's Days Inventory for the three months ended in Mar. 2024 was 57.77.

The historical rank and industry rank for Treet Battery's Days Inventory or its related term are showing as below:

KAR:TBL' s Days Inventory Range Over the Past 10 Years
Min: 0   Med: 0   Max: 231.07
Current: 231.07

During the past 0 years, Treet Battery's highest Days Inventory was 231.07. The lowest was 0.00. And the median was 0.00.

KAR:TBL's Days Inventory is ranked worse than
81.5% of 2898 companies
in the Industrial Products industry
Industry Median: 121.57 vs KAR:TBL: 231.07

Treet Battery's Days Inventory increased from . 20 (0.00) to Mar. 2024 (57.77). It might indicate that Treet Battery's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Treet Battery's Inventory Turnover for the three months ended in Mar. 2024 was 1.58.

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. Treet Battery's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.51.

Treet Battery Days Inventory Historical Data

The historical data trend for Treet Battery'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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Treet Battery Days Inventory Chart

Treet Battery Annual Data
Trend
Days Inventory

Treet Battery Quarterly Data
Mar23 Mar24
Days Inventory - 57.77

Competitive Comparison of Treet Battery's Days Inventory

For the Electrical Equipment & Parts subindustry, Treet Battery'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.

Treet Battery's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Treet Battery's Days Inventory falls into.


Treet Battery Days Inventory Calculation

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

Treet Battery's Days Inventory for the fiscal year that ended in . 20 is calculated as

Days Inventory (A: . 20 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count ) / Cost of Goods Sold (A: . 20 )*Days in Period
=( ( + ) / 1 ) / *365
=0 / *365
=N/A

Treet Battery'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
=( (0 + 1223.18) / 1 ) / 1932.137*365 / 4
=1223.18 / 1932.137*365 / 4
=57.77

* 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.

Treet Battery  (KAR:TBL) 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.

Treet Battery's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1932.137 / 1223.18
=1.58

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.

Treet Battery's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1223.18 / 2383.924
=0.51

* 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.

Treet Battery Days Inventory Related Terms

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

Treet Battery (KAR:TBL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Treet Battery Ltd (KAR:TBL) » Definitions » Days Inventory
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Traded in Other Exchanges
N/A
Address
Website
https://www.treetcorp.com
Treet Battery Ltd is a company which carries out business as manufacturers, assemblers, processors, producers, suppliers, sellers, importers, exporters, makers, fabricators and dealers in all batteries including but not limited to lead acid batteries, deep cycle batteries, lithium batteries, nickel cadmimum batteries, nickel metal hydride batteries, absorbed glass mat batteries, Gel batteries used in or required for industrial, transport, commercial and domestic and any other purpose.

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