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Veto Switchgears And Cables (NSE:VETO) Days Inventory : 0.00 (As of Dec. 2024)


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What is Veto Switchgears And Cables Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Veto Switchgears And Cables's Average Total Inventories for the three months ended in Dec. 2024 was ₹0 Mil. Veto Switchgears And Cables's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹575 Mil. Hence, Veto Switchgears And Cables's Days Inventory for the three months ended in Dec. 2024 was 0.00.

The historical rank and industry rank for Veto Switchgears And Cables's Days Inventory or its related term are showing as below:

NSE:VETO' s Days Inventory Range Over the Past 10 Years
Min: 69.82   Med: 153.22   Max: 314.05
Current: 226.06

During the past 13 years, Veto Switchgears And Cables's highest Days Inventory was 314.05. The lowest was 69.82. And the median was 153.22.

NSE:VETO's Days Inventory is ranked worse than
81.44% of 2925 companies
in the Industrial Products industry
Industry Median: 121.52 vs NSE:VETO: 226.06

Veto Switchgears And Cables's Days Inventory declined from Sep. 2023 (203.61) to Dec. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Veto Switchgears And Cables's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.00.


Veto Switchgears And Cables Days Inventory Historical Data

The historical data trend for Veto Switchgears And Cables'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.

Veto Switchgears And Cables Days Inventory Chart

Veto Switchgears And Cables 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 314.05 277.91 216.24 191.54 160.18

Veto Switchgears And Cables Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 203.61 169.05 129.33 198.00 -

Competitive Comparison of Veto Switchgears And Cables's Days Inventory

For the Electrical Equipment & Parts subindustry, Veto Switchgears And Cables'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.


Veto Switchgears And Cables's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veto Switchgears And Cables's Days Inventory distribution charts can be found below:

* The bar in red indicates where Veto Switchgears And Cables's Days Inventory falls into.


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Veto Switchgears And Cables Days Inventory Calculation

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

Veto Switchgears And Cables'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
=( (1048.818 + 943.699) / 2 ) / 2270.1*365
=996.2585 / 2270.1*365
=160.18

Veto Switchgears And Cables'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: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 574.81*365 / 4
=0 / 574.81*365 / 4
=0.00

* 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.


Veto Switchgears And Cables  (NSE:VETO) 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.

Veto Switchgears And Cables'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.

Veto Switchgears And Cables'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.


Veto Switchgears And Cables Days Inventory Related Terms

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


Veto Switchgears And Cables Business Description

Traded in Other Exchanges
Address
Tonk Road, Airport Plaza Scheme, 4th Floor, Plot No. 10, Days Hotel, Behind Hotel Radisson Blu, Durgapur, Jaipur, RJ, IND, 302018
Veto Switchgears And Cables Ltd manufactures electronic goods. Its product portfolio includes Wires, Cables, Electrical accessories, Industrial cables, Fans, Compact fluorescent lamps, Modular switches, Light-emitting diode lights, Immersion heaters, Miniature circuit breakers, Distribution boards, and others. The company's segments include Wire and Cables, Lighting and Fittings, and Accessories and Others. It generates maximum revenue from the Lighting and Fittings segment.

Veto Switchgears And Cables Headlines

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