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Tembo Global Industries (NSE:TEMBO) Days Inventory : 48.60 (As of Sep. 2024)


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What is Tembo Global Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tembo Global Industries's Average Total Inventories for the three months ended in Sep. 2024 was ₹702 Mil. Tembo Global Industries's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹1,319 Mil. Hence, Tembo Global Industries's Days Inventory for the three months ended in Sep. 2024 was 48.60.

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

NSE:TEMBO' s Days Inventory Range Over the Past 10 Years
Min: 11.94   Med: 47.9   Max: 88.31
Current: 88.31

During the past 11 years, Tembo Global Industries's highest Days Inventory was 88.31. The lowest was 11.94. And the median was 47.90.

NSE:TEMBO's Days Inventory is ranked better than
68.01% of 2926 companies
in the Industrial Products industry
Industry Median: 121.555 vs NSE:TEMBO: 88.31

Tembo Global Industries's Days Inventory increased from Jun. 2023 (44.87) to Sep. 2024 (48.60). It might indicate that Tembo Global Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tembo Global Industries's Inventory Turnover for the three months ended in Sep. 2024 was 1.88.

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. Tembo Global Industries's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.43.


Tembo Global Industries Days Inventory Historical Data

The historical data trend for Tembo Global 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.

Tembo Global Industries Days Inventory Chart

Tembo Global Industries 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 59.95 68.28 55.20 54.99 38.46

Tembo Global Industries Quarterly Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Mar22 Jun22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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 44.87 - - 38.66 48.60

Competitive Comparison of Tembo Global Industries's Days Inventory

For the Metal Fabrication subindustry, Tembo Global 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.


Tembo Global Industries's Days Inventory Distribution in the Industrial Products Industry

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

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


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Tembo Global Industries Days Inventory Calculation

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

Tembo Global 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
=( (345.458 + 451.681) / 2 ) / 3782.17*365
=398.5695 / 3782.17*365
=38.46

Tembo Global Industries'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: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 702.38) / 1 ) / 1318.775*365 / 4
=702.38 / 1318.775*365 / 4
=48.60

* 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.


Tembo Global Industries  (NSE:TEMBO) 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.

Tembo Global Industries's Inventory Turnover for the three 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.

Tembo Global Industries's Inventory to Revenue for the three 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.


Tembo Global Industries Days Inventory Related Terms

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


Tembo Global Industries Business Description

Traded in Other Exchanges
N/A
Address
S Central Road, Plot No. PAP-D - 146/147, TTC Industrial Estate, Opposite Balmer Lawrie Van Leer Co., MIDC, Turbhe, Sanpada Road, Navi Mumbai, MH, IND, 400705
Tembo Global Industries Ltd manufactures and fabricates steel products for its application in Pipe Support Systems, HVAC Systems, Anti-vibration systems and Equipment for Industrial, Commercial, Utility, and OEM Installations. It also manufactures metal and base metal products like G. I. nuts, various types of bolts, clamps, hangers, bathroom pipes, fittings, bathroom accessories and sanitary wares. The company operates in two business segment viz, Manufacturing of Engineering Products and Trading of Fabric and Textile Products. The majority of revenue from operations is derived from the domestic market.

Tembo Global Industries Headlines

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