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Salasar Techno Engineering (NSE:SALASAR) Days Inventory : 114.97 (As of Dec. 2024)


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What is Salasar Techno Engineering Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Salasar Techno Engineering's Average Total Inventories for the three months ended in Dec. 2024 was ₹3,931 Mil. Salasar Techno Engineering's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹3,120 Mil. Hence, Salasar Techno Engineering's Days Inventory for the three months ended in Dec. 2024 was 114.97.

The historical rank and industry rank for Salasar Techno Engineering's Days Inventory or its related term are showing as below:

NSE:SALASAR' s Days Inventory Range Over the Past 10 Years
Min: 71.8   Med: 81.62   Max: 116
Current: 116

During the past 12 years, Salasar Techno Engineering's highest Days Inventory was 116.00. The lowest was 71.80. And the median was 81.62.

NSE:SALASAR's Days Inventory is ranked worse than
68.49% of 584 companies
in the Steel industry
Industry Median: 87.115 vs NSE:SALASAR: 116.00

Salasar Techno Engineering's Days Inventory increased from Dec. 2023 (110.39) to Dec. 2024 (114.97). It might indicate that Salasar Techno Engineering's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Salasar Techno Engineering's Inventory Turnover for the three months ended in Dec. 2024 was 0.79.

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. Salasar Techno Engineering's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.05.


Salasar Techno Engineering Days Inventory Historical Data

The historical data trend for Salasar Techno Engineering'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.

Salasar Techno Engineering Days Inventory Chart

Salasar Techno Engineering 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 92.98 82.40 87.08 92.78 113.23

Salasar Techno Engineering 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 110.39 104.51 130.00 158.76 114.97

Competitive Comparison of Salasar Techno Engineering's Days Inventory

For the Steel subindustry, Salasar Techno Engineering'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.


Salasar Techno Engineering's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Salasar Techno Engineering's Days Inventory distribution charts can be found below:

* The bar in red indicates where Salasar Techno Engineering's Days Inventory falls into.


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Salasar Techno Engineering Days Inventory Calculation

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

Salasar Techno Engineering'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
=( (2627.444 + 3391.139) / 2 ) / 9700.81*365
=3009.2915 / 9700.81*365
=113.23

Salasar Techno Engineering'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
=( (3931.103 + 0) / 1 ) / 3120.055*365 / 4
=3931.103 / 3120.055*365 / 4
=114.97

* 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.


Salasar Techno Engineering  (NSE:SALASAR) 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.

Salasar Techno Engineering'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.

Salasar Techno Engineering'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.


Salasar Techno Engineering Days Inventory Related Terms

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


Salasar Techno Engineering Business Description

Traded in Other Exchanges
Address
Khasra No. 265, 281-283, Unit- 1, Village-Parsaun-Dasna, P.O Jindal Nagar, Hapur, Ghaziabad, UP, IND, 245304
Salasar Techno Engineering Ltd is engaged in the manufacturing of galvanized M.S. steel structures and related activities. It is engaged in the manufacturing and fabrication of steel structures for Telecom Towers, Transmission Towers, Utilities Poles, High Mast Poles, Stadium Lighting Poles, Flag Poles, and Smart City Poles Substations Structures, Railway Electrification (OHE), and Solar Module Mounting Structures. The Firm has two reportable segments namely, Steel structure, which derives majority of revenue and comprises manufacturing and sale of Galvanized and Non-galvanized Steel Structures including Telecom Towers, Transmission Line Towers, and Solar Panels; and EPC projects, which comprise survey, supply of materials, design, erection, testing and commissioning on a trunkey basis.

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