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International Conveyors (NSE:INTLCONV) Days Inventory : 246.82 (As of Mar. 2024)


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What is International Conveyors Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). International Conveyors's Average Total Inventories for the three months ended in Mar. 2024 was ₹288 Mil. International Conveyors's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹106 Mil. Hence, International Conveyors's Days Inventory for the three months ended in Mar. 2024 was 246.82.

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

NSE:INTLCONV' s Days Inventory Range Over the Past 10 Years
Min: 77.92   Med: 147.5   Max: 213.42
Current: 138.38

During the past 13 years, International Conveyors's highest Days Inventory was 213.42. The lowest was 77.92. And the median was 147.50.

NSE:INTLCONV's Days Inventory is ranked worse than
57.37% of 2904 companies
in the Industrial Products industry
Industry Median: 121.99 vs NSE:INTLCONV: 138.38

International Conveyors's Days Inventory increased from Mar. 2023 (89.25) to Mar. 2024 (246.82). It might indicate that International Conveyors'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. International Conveyors's Inventory Turnover for the three months ended in Mar. 2024 was 0.37.

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. International Conveyors's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.11.


International Conveyors Days Inventory Historical Data

The historical data trend for International Conveyors'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.

International Conveyors Days Inventory Chart

International Conveyors 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 141.70 91.66 74.04 79.57 150.84

International Conveyors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 89.25 95.78 91.16 178.71 246.82

Competitive Comparison of International Conveyors's Days Inventory

For the Specialty Industrial Machinery subindustry, International Conveyors'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.


International Conveyors's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where International Conveyors's Days Inventory falls into.



International Conveyors Days Inventory Calculation

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

International Conveyors'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
=( (251.172 + 287.8) / 2 ) / 652.1*365
=269.486 / 652.1*365
=150.84

International Conveyors'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 + 287.8) / 1 ) / 106.4*365 / 4
=287.8 / 106.4*365 / 4
=246.82

* 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.


International Conveyors  (NSE:INTLCONV) 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.

International Conveyors'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.

International Conveyors'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.


International Conveyors Days Inventory Related Terms

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


International Conveyors (NSE:INTLCONV) Business Description

Traded in Other Exchanges
Address
10, Middleton Row, Kolkata, WB, IND, 700071
International Conveyors Ltd is engaged in manufacturing and trading of Conveyor belting; trading of Ply Conveyor Belting, Steel Cord Conveyor Belting and fitting and accessories; and generation and sale of power. It manufactures and distributes PVC fire resistant antistatic solid woven coal conveyor belt. The company operates its business through the segments of Conveyor Belting, Wind Energy, and Trading Goods segment. The Conveyor Belting segment, which is the key revenue driver, includes PVC fire-resistant antistatic solid woven coal conveyor belting whereas the Wind Energy segment includes generation, supply, and sale of wind power. The group sells its products in India and also exports them to other countries, of which key revenue is derived from the export sales made.

International Conveyors (NSE:INTLCONV) Headlines

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