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Revathi Equipment India (NSE:RVTH) Days Inventory : 625.69 (As of Sep. 2024)


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What is Revathi Equipment India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Revathi Equipment India's Average Total Inventories for the six months ended in Sep. 2024 was ₹843 Mil. Revathi Equipment India's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹246 Mil. Hence, Revathi Equipment India's Days Inventory for the six months ended in Sep. 2024 was 625.69.

The historical rank and industry rank for Revathi Equipment India's Days Inventory or its related term are showing as below:

NSE:RVTH' s Days Inventory Range Over the Past 10 Years
Min: 69.4   Med: 164.45   Max: 389.41
Current: 311

During the past 9 years, Revathi Equipment India's highest Days Inventory was 389.41. The lowest was 69.40. And the median was 164.45.

NSE:RVTH's Days Inventory is ranked worse than
90.64% of 203 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 140.26 vs NSE:RVTH: 311.00

Revathi Equipment India's Days Inventory increased from Sep. 2023 (348.92) to Sep. 2024 (625.69). It might indicate that Revathi Equipment India's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Revathi Equipment India's Inventory Turnover for the six months ended in Sep. 2024 was 0.29.

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. Revathi Equipment India's Inventory-to-Revenue for the six months ended in Sep. 2024 was 1.72.


Revathi Equipment India Days Inventory Historical Data

The historical data trend for Revathi Equipment India'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.

Revathi Equipment India Days Inventory Chart

Revathi Equipment India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 107.22 253.74 325.73 389.41 221.68

Revathi Equipment India Semi-Annual Data
Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 348.92 199.02 625.69

Competitive Comparison of Revathi Equipment India's Days Inventory

For the Farm & Heavy Construction Machinery subindustry, Revathi Equipment India'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.


Revathi Equipment India's Days Inventory Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Revathi Equipment India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Revathi Equipment India's Days Inventory falls into.



Revathi Equipment India Days Inventory Calculation

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

Revathi Equipment India'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
=( (589.271 + 777.116) / 2 ) / 1124.912*365
=683.1935 / 1124.912*365
=221.68

Revathi Equipment India's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (777.116 + 909) / 2 ) / 245.9*365 / 2
=843.058 / 245.9*365 / 2
=625.69

* 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.


Revathi Equipment India  (NSE:RVTH) 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.

Revathi Equipment India's Inventory Turnover for the six months ended in Sep. 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.

Revathi Equipment India's Inventory to Revenue for the six months ended in Sep. 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.


Revathi Equipment India Days Inventory Related Terms

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


Revathi Equipment India Business Description

Traded in Other Exchanges
Address
Pollachi Road, Malumachampatti Post, Coimbatore, TN, IND, 641050
Revathi Equipment India Ltd is engaged in providing Drilling Solutions to the Mining, construction, and Quarrying industries. It is the eminent manufacturer of Mining Drilling Rigs, Construction Drilling Rigs and Mining and Quarrying Drilling Rigs thus has focused on making the Drilling work easier. It products include C650 D, C850 D/E, C750 D/E, C615 D, C625 D, etc. Manufacturing of Drill Equipment is the only segment of the company.

Revathi Equipment India Headlines

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