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Usha Martin (LUX:USHMA) Days Inventory : 208.36 (As of Jun. 2024)


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What is Usha Martin Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Usha Martin's Average Total Inventories for the three months ended in Jun. 2024 was $107.2 Mil. Usha Martin's Cost of Goods Sold for the three months ended in Jun. 2024 was $46.9 Mil. Hence, Usha Martin's Days Inventory for the three months ended in Jun. 2024 was 208.36.

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

LUX:USHMA' s Days Inventory Range Over the Past 10 Years
Min: 165.84   Med: 207.71   Max: 354.14
Current: 193.52

During the past 13 years, Usha Martin's highest Days Inventory was 354.14. The lowest was 165.84. And the median was 207.71.

LUX:USHMA's Days Inventory is ranked worse than
91.33% of 588 companies
in the Steel industry
Industry Median: 87.935 vs LUX:USHMA: 193.52

Usha Martin's Days Inventory increased from Jun. 2023 (189.49) to Jun. 2024 (208.36). It might indicate that Usha Martin's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Usha Martin's Inventory Turnover for the three months ended in Jun. 2024 was 0.44.

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. Usha Martin's Inventory-to-Revenue for the three months ended in Jun. 2024 was 1.08.


Usha Martin Days Inventory Historical Data

The historical data trend for Usha Martin'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.

Usha Martin Days Inventory Chart

Usha Martin 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 189.68 192.28 178.92 172.09 192.34

Usha Martin Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 189.49 198.14 200.83 169.09 208.36

Competitive Comparison of Usha Martin's Days Inventory

For the Steel subindustry, Usha Martin'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.


Usha Martin's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Usha Martin's Days Inventory distribution charts can be found below:

* The bar in red indicates where Usha Martin's Days Inventory falls into.



Usha Martin Days Inventory Calculation

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

Usha Martin'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
=( (108.176 + 107.156) / 2 ) / 204.313*365
=107.666 / 204.313*365
=192.34

Usha Martin's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (107.156 + 0) / 1 ) / 46.929*365 / 4
=107.156 / 46.929*365 / 4
=208.36

* 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.


Usha Martin  (LUX:USHMA) 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.

Usha Martin's Inventory Turnover for the three months ended in Jun. 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.

Usha Martin's Inventory to Revenue for the three months ended in Jun. 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.


Usha Martin Days Inventory Related Terms

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


Usha Martin Business Description

Traded in Other Exchanges
Address
2A, Shakespeare Sarani, Mangal Kalash, Kolkata, WB, IND, 700 071
Usha Martin Ltd is engaged in the business of the production of wire rope. The company's operating segment includes Wire and wire ropes and others. It generates maximum revenue from the Wire and wire ropes segment. The wire and wire ropes segment manufactures and sells steel wires, strands, wire ropes, cords, related accessories, and others. Its Others segment includes the manufacturing and selling of wire drawing and allied machines and corporate office. Geographically, it derives a majority of revenue from India.

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