GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Servotech Power Systems Ltd (NSE:EQSERVOTECH) » Definitions » Days Inventory

Servotech Power Systems (NSE:EQSERVOTECH) Days Inventory : 30.41 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Servotech Power Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Servotech Power Systems's Average Total Inventories for the three months ended in Mar. 2024 was ₹389 Mil. Servotech Power Systems's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,168 Mil. Hence, Servotech Power Systems's Days Inventory for the three months ended in Mar. 2024 was 30.41.

The historical rank and industry rank for Servotech Power Systems's Days Inventory or its related term are showing as below:

NSE:EQSERVOTECH' s Days Inventory Range Over the Past 10 Years
Min: 27.44   Med: 56.55   Max: 114.73
Current: 31.01

During the past 12 years, Servotech Power Systems's highest Days Inventory was 114.73. The lowest was 27.44. And the median was 56.55.

NSE:EQSERVOTECH's Days Inventory is ranked better than
94.36% of 2907 companies
in the Industrial Products industry
Industry Median: 121.9 vs NSE:EQSERVOTECH: 31.01

Servotech Power Systems's Days Inventory increased from Mar. 2023 (19.51) to Mar. 2024 (30.41). It might indicate that Servotech Power Systems's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Servotech Power Systems's Inventory Turnover for the three months ended in Mar. 2024 was 3.00.

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. Servotech Power Systems's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.29.


Servotech Power Systems Days Inventory Historical Data

The historical data trend for Servotech Power Systems'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.

Servotech Power Systems Days Inventory Chart

Servotech Power Systems 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 53.95 59.14 42.44 27.44 36.76

Servotech Power Systems Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.51 29.72 19.71 34.09 30.41

Competitive Comparison of Servotech Power Systems's Days Inventory

For the Electrical Equipment & Parts subindustry, Servotech Power Systems'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.


Servotech Power Systems's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Servotech Power Systems's Days Inventory falls into.



Servotech Power Systems Days Inventory Calculation

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

Servotech Power Systems'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
=( (208.566 + 389.156) / 2 ) / 2967.86*365
=298.861 / 2967.86*365
=36.76

Servotech Power Systems'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 389.156) / 1 ) / 1167.729*365 / 4
=389.156 / 1167.729*365 / 4
=30.41

* 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.


Servotech Power Systems  (NSE:EQSERVOTECH) 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.

Servotech Power Systems's Inventory Turnover for the three months ended in Mar. 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.

Servotech Power Systems's Inventory to Revenue for the three months ended in Mar. 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.


Servotech Power Systems Days Inventory Related Terms

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


Servotech Power Systems (NSE:EQSERVOTECH) Business Description

Traded in Other Exchanges
N/A
Address
806, 8th Floor, Crown Heights, Sector 10, Rohini, Hotel Charted Accountants Crown Plaza, New Delhi, IND, 110085
Servotech Power Systems Ltd is an Indian company in the business line of manufacturing, trading and exporting LED, UPS, Solar Products & Flameproof LED Lights. The firm is engaged in the production, development, and marketing of both indoor and outdoor LED lighting products, solar products and Ultraviolet C products. The product portfolio of the company includes LED tube lights and bulbs, street lights, floodlights, canopy lights, yard lights, FLP tubes, hoarding lights, system controllers, UPS, solar charge controllers, solar rooftops, UV Disinfection Lamp, UV Disinfection Handheld, UV Disinfection Truck, Sterilization Box, UVC RoboTruk and UVLEN based on far UVC technology and others. Substantial revenue is derived from domestic sales.

Servotech Power Systems (NSE:EQSERVOTECH) Headlines

No Headlines