Bombay Metrics Supply Chain (NSE:BMETRICS) Days Inventory : 5.52 (As of Mar. 2023)

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What is Bombay Metrics Supply Chain Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bombay Metrics Supply Chain's Average Total Inventories for the six months ended in Mar. 2023 was ₹6.3 Mil. Bombay Metrics Supply Chain's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹207.9 Mil. Hence, Bombay Metrics Supply Chain's Days Inventory for the six months ended in Mar. 2023 was 5.52.

The historical rank and industry rank for Bombay Metrics Supply Chain's Days Inventory or its related term are showing as below:

NSE:BMETRICS' s Days Inventory Range Over the Past 10 Years
Min: 2.05 Med: 4.01 Max: 10.66
Current: 7.74

During the past 6 years, Bombay Metrics Supply Chain's highest Days Inventory was 10.66. The lowest was 2.05. And the median was 4.01.

NSE:BMETRICS's Days Inventory is ranked better than
98.83% of 2904 companies
in the Industrial Products industry
Industry Median: 121.99 vs NSE:BMETRICS: 7.74

Bombay Metrics Supply Chain's Days Inventory declined from Mar. 2022 (13.72) to Mar. 2023 (5.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bombay Metrics Supply Chain's Inventory Turnover for the six months ended in Mar. 2023 was 33.08.

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. Bombay Metrics Supply Chain's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.02.

Bombay Metrics Supply Chain Days Inventory Historical Data

The historical data trend for Bombay Metrics Supply Chain'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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Bombay Metrics Supply Chain Days Inventory Chart

Bombay Metrics Supply Chain Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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2.87

2.05

3.89

8.81

10.66

Bombay Metrics Supply Chain Semi-Annual Data
	Mar18	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Inventory	Get a 7-Day Free Trial			-	3.45	13.72	6.76	5.52

Competitive Comparison of Bombay Metrics Supply Chain's Days Inventory

For the Metal Fabrication subindustry, Bombay Metrics Supply Chain'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.

Bombay Metrics Supply Chain's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bombay Metrics Supply Chain's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bombay Metrics Supply Chain's Days Inventory falls into.

Bombay Metrics Supply Chain Days Inventory Calculation

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

Bombay Metrics Supply Chain'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
=	( (21.102	+	9.838)	/	2 )	/	529.579	*	365
=	15.47					/	529.579	*	365
=	10.66

Bombay Metrics Supply Chain's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (2.734	+	9.838)	/	2 )	/	207.918	*	365 / 2
=	6.286					/	207.918	*	365 / 2
=	5.52

Bombay Metrics Supply Chain (NSE:BMETRICS) 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.

Bombay Metrics Supply Chain's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	207.918	/	6.286
	=	33.08

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.

Bombay Metrics Supply Chain's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.286	/	253.962
	=	0.02

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.

Bombay Metrics Supply Chain Days Inventory Related Terms

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

Bombay Metrics Supply Chain (NSE:BMETRICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bombay Metrics Supply Chain Ltd (NSE:BMETRICS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

201/Quantum Towers, Ram Baug lane, S.V.Road, Near Chincholi Petrol Pump, Malad (west), Mumbai, MH, IND, 400064

Website

https://www.bombaymetrics.com

Bombay Metrics Supply Chain Ltd is engaged in the manufacturing of engineering tools, components, and supply chain management services. The company also offers efficient services in engineering, 3D scanning, rapid prototyping, flow simulation, project management, and quality management.

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