Pavna Industries (NSE:PAVNAIND) Days Inventory : 190.77 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Pavna Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pavna Industries's Average Total Inventories for the three months ended in Mar. 2024 was ₹978 Mil. Pavna Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹468 Mil. Hence, Pavna Industries's Days Inventory for the three months ended in Mar. 2024 was 190.77.

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

NSE:PAVNAIND' s Days Inventory Range Over the Past 10 Years
Min: 9.48 Med: 89.97 Max: 184.02
Current: 181.48

During the past 7 years, Pavna Industries's highest Days Inventory was 184.02. The lowest was 9.48. And the median was 89.97.

NSE:PAVNAIND's Days Inventory is ranked worse than
88.8% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 81.74 vs NSE:PAVNAIND: 181.48

Pavna Industries's Days Inventory declined from Mar. 2023 (201.99) to Mar. 2024 (190.77).

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. Pavna Industries's Inventory Turnover for the three months ended in Mar. 2024 was 0.48.

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. Pavna Industries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.20.

Pavna Industries Days Inventory Historical Data

The historical data trend for Pavna 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.

Pavna Industries Days Inventory Chart

Pavna Industries Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Get a 7-Day Free Trial

52.05

89.97

112.78

155.97

184.02

Pavna Industries Quarterly Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial									201.99	185.50	187.28	160.31	190.77

Competitive Comparison of Pavna Industries's Days Inventory

For the Auto Parts subindustry, Pavna 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.

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

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

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

Pavna Industries Days Inventory Calculation

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

Pavna 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
=	( (1063.541	+	977.998)	/	2 )	/	2024.706	*	365
=	1020.7695					/	2024.706	*	365
=	184.02

Pavna Industries'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	+	977.998)	/	1 )	/	467.806	*	365 / 4
=	977.998					/	467.806	*	365 / 4
=	190.77

Pavna Industries (NSE:PAVNAIND) 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.

Pavna Industries's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	467.806	/	977.998
	=	0.48

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.

Pavna Industries's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	977.998	/	814.495
	=	1.20

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.

Pavna Industries Days Inventory Related Terms

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

Pavna Industries (NSE:PAVNAIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pavna Industries Ltd (NSE:PAVNAIND) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

543915:India

Address

Vimlanchal, Hari Nagar, Gopalpuri, Aligarh, UP, IND, 202001

Website

https://www.pavnagroup.com

Pavna Industries Ltd is engaged in the business of manufacturing automotive parts, providing solutions for automobile applications, and serving automobile and other applications. The company products include fuel tank caps, fuel cocks & Pumps, Casting & engine components, switches handles, etc.

Pavna Industries (NSE:PAVNAIND) Headlines

No Headlines