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TVS Supply Chain Solutions (NSE:TVSSCS) Days Inventory : 15.69 (As of Dec. 2023)


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What is TVS Supply Chain Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TVS Supply Chain Solutions's Average Total Inventories for the three months ended in Dec. 2023 was ₹3,450 Mil. TVS Supply Chain Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹20,069 Mil. Hence, TVS Supply Chain Solutions's Days Inventory for the three months ended in Dec. 2023 was 15.69.

The historical rank and industry rank for TVS Supply Chain Solutions's Days Inventory or its related term are showing as below:

NSE:TVSSCS' s Days Inventory Range Over the Past 10 Years
Min: 17.96   Med: 21.17   Max: 33.38
Current: 33.38

During the past 5 years, TVS Supply Chain Solutions's highest Days Inventory was 33.38. The lowest was 17.96. And the median was 21.17.

NSE:TVSSCS's Days Inventory is ranked worse than
79.48% of 775 companies
in the Transportation industry
Industry Median: 11.42 vs NSE:TVSSCS: 33.38

TVS Supply Chain Solutions's Days Inventory increased from Dec. 2022 (14.07) to Dec. 2023 (15.69). It might indicate that TVS Supply Chain Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. TVS Supply Chain Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 5.82.

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. TVS Supply Chain Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.16.


TVS Supply Chain Solutions Days Inventory Historical Data

The historical data trend for TVS Supply Chain Solutions'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.

TVS Supply Chain Solutions Days Inventory Chart

TVS Supply Chain Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
19.30 17.96 21.17 24.54 25.71

TVS Supply Chain Solutions Quarterly Data
Mar19 Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.07 - 15.05 15.50 15.69

Competitive Comparison of TVS Supply Chain Solutions's Days Inventory

For the Integrated Freight & Logistics subindustry, TVS Supply Chain Solutions'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.


TVS Supply Chain Solutions's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, TVS Supply Chain Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where TVS Supply Chain Solutions's Days Inventory falls into.



TVS Supply Chain Solutions Days Inventory Calculation

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

TVS Supply Chain Solutions's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (2916.8 + 3450.59) / 2 ) / 45193.84*365
=3183.695 / 45193.84*365
=25.71

TVS Supply Chain Solutions's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3449.8 + 0) / 1 ) / 20068.7*365 / 4
=3449.8 / 20068.7*365 / 4
=15.69

* 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.


TVS Supply Chain Solutions  (NSE:TVSSCS) 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.

TVS Supply Chain Solutions's Inventory Turnover for the three months ended in Dec. 2023 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.

TVS Supply Chain Solutions's Inventory to Revenue for the three months ended in Dec. 2023 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.


TVS Supply Chain Solutions Days Inventory Related Terms

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


TVS Supply Chain Solutions (NSE:TVSSCS) Business Description

Traded in Other Exchanges
Address
10 Jawahar Road, Chokkikulam, Madurai, TN, IND, 625 002
TVS Supply Chain Solutions Ltd is engaged in the business of providing supply chain solution services. The company has been providing the entire basket of supply chain management services including aftermarket warehouse, in-plant warehouse, global supply chain management service, domestic supply chain management services, material handling services, and services relating to the installation and commissioning of telecom towers including managed services for telecom networks and associated supply chain management of the logistics activities for telecom service providers and OEMs.

TVS Supply Chain Solutions (NSE:TVSSCS) Headlines

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