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Endurance Technologies (NSE:ENDURANCE) Days Inventory : 54.91 (As of Sep. 2024)


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What is Endurance Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Endurance Technologies's Average Total Inventories for the three months ended in Sep. 2024 was ₹10,128 Mil. Endurance Technologies's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹16,832 Mil. Hence, Endurance Technologies's Days Inventory for the three months ended in Sep. 2024 was 54.91.

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

NSE:ENDURANCE' s Days Inventory Range Over the Past 10 Years
Min: 37.87   Med: 47.16   Max: 56.02
Current: 50.98

During the past 13 years, Endurance Technologies's highest Days Inventory was 56.02. The lowest was 37.87. And the median was 47.16.

NSE:ENDURANCE's Days Inventory is ranked better than
76.38% of 1266 companies
in the Vehicles & Parts industry
Industry Median: 80.545 vs NSE:ENDURANCE: 50.98

Endurance Technologies's Days Inventory increased from Sep. 2023 (54.60) to Sep. 2024 (54.91). It might indicate that Endurance Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Endurance Technologies's Inventory Turnover for the three months ended in Sep. 2024 was 1.66.

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. Endurance Technologies's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.35.


Endurance Technologies Days Inventory Historical Data

The historical data trend for Endurance Technologies'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.

Endurance Technologies Days Inventory Chart

Endurance Technologies 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 50.34 56.02 51.50 49.63 48.60

Endurance Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 54.60 54.34 43.32 48.95 54.91

Competitive Comparison of Endurance Technologies's Days Inventory

For the Auto Parts subindustry, Endurance Technologies'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.


Endurance Technologies's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Endurance Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Endurance Technologies's Days Inventory falls into.



Endurance Technologies Days Inventory Calculation

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

Endurance Technologies'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
=( (8205.83 + 8722.12) / 2 ) / 63565.25*365
=8463.975 / 63565.25*365
=48.60

Endurance Technologies's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 10127.7) / 1 ) / 16831.78*365 / 4
=10127.7 / 16831.78*365 / 4
=54.91

* 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.


Endurance Technologies  (NSE:ENDURANCE) 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.

Endurance Technologies's Inventory Turnover for the three months ended in Sep. 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.

Endurance Technologies's Inventory to Revenue for the three months ended in Sep. 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.


Endurance Technologies Days Inventory Related Terms

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


Endurance Technologies Business Description

Traded in Other Exchanges
Address
Plot No. E-92, MIDC Industrial Area, Waluj, Chhatrapati Sambhajinagar, MH, IND, 431136
Endurance Technologies Ltd is an automotive component manufacturing company. The company manufactures and sells aluminium die-casting, suspension, transmission, battery management systems, and braking products. Some of its products include high-pressure and low-pressure die castings, shock absorbers, front forks, clutch assemblies, cork, and paper-based friction plates, Continuous Variable Transmission (CVT), hydraulic disc brakes, hydraulic drum brakes, and others. Geographically, it derives a majority of its revenue from India and also has a presence outside India across countries like Italy, Germany, and Tunisia.

Endurance Technologies Headlines

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