GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Diffusion Engineers Ltd (NSE:DIFFNKG) » Definitions » Days Inventory

Diffusion Engineers (NSE:DIFFNKG) Days Inventory : 95.64 (As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Diffusion Engineers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Diffusion Engineers's Average Total Inventories for the three months ended in Dec. 2024 was ₹532 Mil. Diffusion Engineers's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹508 Mil. Hence, Diffusion Engineers's Days Inventory for the three months ended in Dec. 2024 was 95.64.

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

NSE:DIFFNKG' s Days Inventory Range Over the Past 10 Years
Min: 93.97   Med: 100.15   Max: 185.68
Current: 185.68

During the past 4 years, Diffusion Engineers's highest Days Inventory was 185.68. The lowest was 93.97. And the median was 100.15.

NSE:DIFFNKG's Days Inventory is ranked worse than
73.67% of 2921 companies
in the Industrial Products industry
Industry Median: 121.54 vs NSE:DIFFNKG: 185.68

Diffusion Engineers's Days Inventory increased from Mar. 2022 (0.00) to Dec. 2024 (95.64). It might indicate that Diffusion Engineers's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Diffusion Engineers's Inventory Turnover for the three months ended in Dec. 2024 was 0.95.

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. Diffusion Engineers's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.67.


Diffusion Engineers Days Inventory Historical Data

The historical data trend for Diffusion Engineers'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.

Diffusion Engineers Days Inventory Chart

Diffusion Engineers Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
107.27 93.97 97.16 103.14

Diffusion Engineers Quarterly Data
Mar21 Mar22 Mar23 Jun23 Mar24 Dec24
Days Inventory Get a 7-Day Free Trial - - 107.67 92.04 95.64

Competitive Comparison of Diffusion Engineers's Days Inventory

For the Specialty Industrial Machinery subindustry, Diffusion Engineers'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.


Diffusion Engineers's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Diffusion Engineers's Days Inventory falls into.


;
;

Diffusion Engineers Days Inventory Calculation

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

Diffusion Engineers'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
=( (517.09 + 532.12) / 2 ) / 1856.51*365
=524.605 / 1856.51*365
=103.14

Diffusion Engineers's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (532.12 + 0) / 1 ) / 507.72*365 / 4
=532.12 / 507.72*365 / 4
=95.64

* 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.


Diffusion Engineers  (NSE:DIFFNKG) 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.

Diffusion Engineers's Inventory Turnover for the three months ended in Dec. 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.

Diffusion Engineers's Inventory to Revenue for the three months ended in Dec. 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.


Diffusion Engineers Days Inventory Related Terms

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


Diffusion Engineers Business Description

Traded in Other Exchanges
Address
Nagpur Industrial Area, T-5 & 6, MIDC, Hingna, Nagpur, MH, IND, 440016
Diffusion Engineers Ltd is engaged in the business of manufacturing welding consumables, wear plates and wear parts and heavy engineering machinery for core industries. Additionally, it is also involved in the trading of anti-wear powders and welding and cutting machinery. The company provides a super conditioning process at its manufacturing facilities, a surface treatment solution for machine components that enhances wear resistance, eliminates stress and improves their repairability ultimately extending their lifespan.

Diffusion Engineers Headlines

No Headlines