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FIEM Industries (NSE:FIEMIND) Days Inventory : 57.23 (As of Dec. 2024)


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What is FIEM Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). FIEM Industries's Average Total Inventories for the three months ended in Dec. 2024 was ₹2,310 Mil. FIEM Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹3,683 Mil. Hence, FIEM Industries's Days Inventory for the three months ended in Dec. 2024 was 57.23.

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

NSE:FIEMIND' s Days Inventory Range Over the Past 10 Years
Min: 29.49   Med: 50.51   Max: 52.63
Current: 49.02

During the past 13 years, FIEM Industries's highest Days Inventory was 52.63. The lowest was 29.49. And the median was 50.51.

NSE:FIEMIND's Days Inventory is ranked better than
77.62% of 1278 companies
in the Vehicles & Parts industry
Industry Median: 80.39 vs NSE:FIEMIND: 49.02

FIEM Industries's Days Inventory declined from Dec. 2023 (64.50) to Dec. 2024 (57.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. FIEM Industries's Inventory Turnover for the three months ended in Dec. 2024 was 1.59.

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. FIEM Industries's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.39.


FIEM Industries Days Inventory Historical Data

The historical data trend for FIEM Industries'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.

FIEM Industries Days Inventory Chart

FIEM Industries 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 52.59 52.63 49.78 52.36 50.01

FIEM Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 64.50 38.16 52.25 55.12 57.23

Competitive Comparison of FIEM Industries's Days Inventory

For the Auto Parts subindustry, FIEM Industries'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.


FIEM Industries's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where FIEM Industries's Days Inventory falls into.


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FIEM Industries Days Inventory Calculation

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

FIEM Industries'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
=( (1756.984 + 2043.591) / 2 ) / 13869.901*365
=1900.2875 / 13869.901*365
=50.01

FIEM Industries'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: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (2309.945 + 0) / 1 ) / 3683.231*365 / 4
=2309.945 / 3683.231*365 / 4
=57.23

* 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.


FIEM Industries  (NSE:FIEMIND) 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.

FIEM Industries'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.

FIEM Industries'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.


FIEM Industries Days Inventory Related Terms

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


FIEM Industries Business Description

Traded in Other Exchanges
Address
Aria Commercial Towers, Aerocity, Unit No.1A & 1C, 1st Floor, JW Marriott Hotel, New Delhi, IND, 110 037
FIEM Industries Ltd is an Indian company engaged in the manufacturing of automotive components. The company has identified two reportable business segments based on the nature of its products. The Automotive segment, which is the key revenue driver, comprises automotive lighting and signaling equipment, rearview mirrors, prismatic mirrors, plastic molded parts, and sheet metal components for motorized vehicles and other parts for automotive. The LED Luminaries segment comprises LED luminaries including indoor and outdoor lighting, display panels, and LED integrated passenger information system among others.

FIEM Industries Headlines

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