The historical rank and industry rank for Videocon Industries's Days Inventory or its related term are showing as below:
NSE:VIDEOIND's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.01 * Ranked among companies with meaningful Days Inventory only.
Videocon Industries's Days Inventory
declined
from Jun. 2023 (111.86) to Jun. 2024 (89.42).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Videocon Industries's Inventory Turnover for the
three
months ended in Jun. 2024 was 1.02.
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.
Videocon Industries's Inventory-to-Revenue for the
three
months ended in Jun. 2024 was 1.41.
Videocon Industries (NSE:VIDEOIND) 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.
Videocon Industries's Inventory Turnover for the
three
months ended in Jun. 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.
Videocon Industries's Inventory to Revenue for the
three
months ended in Jun. 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.
Videocon Industries Days Inventory Related Terms
Videocon Industries Days Inventory Historical Data
* Premium members only.
The historical data trend for Videocon 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.
NSE:VIDEOIND vs FBHS, WHR, MHK: Days Inventory Comparison
For the Oil & Gas E&P subindustry, Videocon 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.
Videocon Industries Days Inventory vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Videocon Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where Videocon Industries's Days Inventory falls into.
* 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.
Videocon Industries (NSE:VIDEOIND) has a Days Inventory of 89.42 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Videocon Industries and its competitors.
Is Videocon Industries' Days Inventory too high?
Videocon Industries' current Days Inventory is 89.42. The Oil & Gas industry median Days Inventory is 31.01. Videocon Industries' value of 89.42 is 188.4% above this industry median. Overall, Videocon Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Videocon Industries' Days Inventory compare to FBHS and WHR?
Videocon Industries' Days Inventory of 89.42 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.01. Videocon Industries' value of 89.42 is 188.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.01, based on 687 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Videocon Industries's current Days Inventory of 89.42 is 188.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Videocon Industries and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Videocon Industries's current Days Inventory is 89.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Videocon Industries stock overvalued right now?
Videocon Industries (NSE:VIDEOIND) has a current Days Inventory of 89.42. The current Days Inventory is 89.42 and 188.4% above the Oil & Gas industry median of 31.01. Videocon Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Videocon Industries (NSE:VIDEOIND), the current Days Inventory is 89.42 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Videocon Industries Ltd is an India-based company that focuses on manufacturing and distributing a variety of consumer durables and extraction of crude oil and natural gas. The company is principally engaged in two business segments: consumer electronics and home appliances and crude oil and natural gas. The crude oil and natural gas segment generates the maximum revenue for the company through the extraction and production of natural oil and gas. The consumer electronics and home appliances business focuses on manufacturing products that include air conditioners, refrigerators, televisions, washing machines, and small home appliances.
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