NRB Bearings (NSE:NRBBEARING) Days Inventory : 416.36 (As of Dec. 2024)

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What is NRB Bearings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NRB Bearings's Average Total Inventories for the three months ended in Dec. 2024 was ₹4,514 Mil. NRB Bearings's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹989 Mil. Hence, NRB Bearings's Days Inventory for the three months ended in Dec. 2024 was 416.36.

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

NSE:NRBBEARING' s Days Inventory Range Over the Past 10 Years
Min: 153.24 Med: 220.66 Max: 302.68
Current: 302.68

During the past 13 years, NRB Bearings's highest Days Inventory was 302.68. The lowest was 153.24. And the median was 220.66.

NSE:NRBBEARING's Days Inventory is ranked worse than
96.1% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 80.7 vs NSE:NRBBEARING: 302.68

NRB Bearings's Days Inventory increased from Dec. 2023 (361.03) to Dec. 2024 (416.36). It might indicate that NRB Bearings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NRB Bearings's Inventory Turnover for the three months ended in Dec. 2024 was 0.22.

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. NRB Bearings's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.62.

NRB Bearings Days Inventory Historical Data

The historical data trend for NRB Bearings'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.

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NRB Bearings Days Inventory Chart

NRB Bearings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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240.60

228.35

210.77

246.90

288.17

NRB Bearings 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															361.03	204.80	335.90	373.68	416.36

Competitive Comparison of NRB Bearings's Days Inventory

For the Auto Parts subindustry, NRB Bearings'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.

NRB Bearings's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where NRB Bearings's Days Inventory falls into.

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NRB Bearings Days Inventory Calculation

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

NRB Bearings'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
=	( (3690.2	+	4181.3)	/	2 )	/	4985.1	*	365
=	3935.75					/	4985.1	*	365
=	288.17

NRB Bearings'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
=	( (4514	+	0)	/	1 )	/	989.3	*	365 / 4
=	4514					/	989.3	*	365 / 4
=	416.36

NRB Bearings (NSE:NRBBEARING) 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.

NRB Bearings's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	989.3	/	4514
	=	0.22

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.

NRB Bearings's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4514	/	2785.2
	=	1.62

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.

NRB Bearings Days Inventory Related Terms

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

NRB Bearings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NRB Bearings Ltd (NSE:NRBBEARING) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

530367:India

Address

Dhannur, 15, Sir P.M. Road, Fort, Mumbai, MH, IND, 400 001

Website

https://www.nrbbearings.com

NRB Bearings Ltd is an Indian company engaged in the ball and roller bearing business. It manufactures and sells needle roller bushes and cage, ball and roller bearings, and automobile components. Some of the company's products include Cylindrical roller bearings, Crank pins, Thrust bearings, Rocker-arm bearings, Drawn cup needle bearings, and others. Company has a single reportable segment of ball and roller bearings. Geographically, the group has a business presence in India and other countries, of which it generates a majority of its revenue from India.

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