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ZF Commercial Vehicle Control Systems India (NSE:ZFCVINDIA) Days Inventory : 31.14 (As of Dec. 2024)


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What is ZF Commercial Vehicle Control Systems India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ZF Commercial Vehicle Control Systems India's Average Total Inventories for the three months ended in Dec. 2024 was ₹1,863 Mil. ZF Commercial Vehicle Control Systems India's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹5,460 Mil. Hence, ZF Commercial Vehicle Control Systems India's Days Inventory for the three months ended in Dec. 2024 was 31.14.

The historical rank and industry rank for ZF Commercial Vehicle Control Systems India's Days Inventory or its related term are showing as below:

NSE:ZFCVINDIA' s Days Inventory Range Over the Past 10 Years
Min: 23.55   Med: 31.64   Max: 49.33
Current: 26.7

During the past 13 years, ZF Commercial Vehicle Control Systems India's highest Days Inventory was 49.33. The lowest was 23.55. And the median was 31.64.

NSE:ZFCVINDIA's Days Inventory is ranked better than
92.68% of 1271 companies
in the Vehicles & Parts industry
Industry Median: 80.78 vs NSE:ZFCVINDIA: 26.70

ZF Commercial Vehicle Control Systems India's Days Inventory increased from Dec. 2023 (25.78) to Dec. 2024 (31.14). It might indicate that ZF Commercial Vehicle Control Systems India's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ZF Commercial Vehicle Control Systems India's Inventory Turnover for the three months ended in Dec. 2024 was 2.93.

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. ZF Commercial Vehicle Control Systems India's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.20.


ZF Commercial Vehicle Control Systems India Days Inventory Historical Data

The historical data trend for ZF Commercial Vehicle Control Systems India'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.

ZF Commercial Vehicle Control Systems India Days Inventory Chart

ZF Commercial Vehicle Control Systems India 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 38.98 34.16 26.98 23.55 24.32

ZF Commercial Vehicle Control Systems India 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 25.78 22.02 28.52 32.28 31.14

Competitive Comparison of ZF Commercial Vehicle Control Systems India's Days Inventory

For the Auto Parts subindustry, ZF Commercial Vehicle Control Systems India'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.


ZF Commercial Vehicle Control Systems India's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZF Commercial Vehicle Control Systems India's Days Inventory distribution charts can be found below:

* The bar in red indicates where ZF Commercial Vehicle Control Systems India's Days Inventory falls into.


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ZF Commercial Vehicle Control Systems India Days Inventory Calculation

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

ZF Commercial Vehicle Control Systems India'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
=( (1569.621 + 1753.442) / 2 ) / 24941.291*365
=1661.5315 / 24941.291*365
=24.32

ZF Commercial Vehicle Control Systems India'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
=( (1862.846 + 0) / 1 ) / 5459.523*365 / 4
=1862.846 / 5459.523*365 / 4
=31.14

* 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.


ZF Commercial Vehicle Control Systems India  (NSE:ZFCVINDIA) 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.

ZF Commercial Vehicle Control Systems India'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.

ZF Commercial Vehicle Control Systems India'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.


ZF Commercial Vehicle Control Systems India Days Inventory Related Terms

Thank you for viewing the detailed overview of ZF Commercial Vehicle Control Systems India's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


ZF Commercial Vehicle Control Systems India Business Description

Traded in Other Exchanges
Address
Plot No. 3 (SP), III Main Road, Ambattur Industrial Estate, Chennai, TN, IND, 600058
ZF Commercial Vehicle Control Systems India Ltd is a supplier of technologies and services that improve commercial vehicle safety, efficiency, and connectivity. It offers conventional braking products, braking systems, and other related air-assisted products and systems, such as air suspension and driveline controls. Its operates in the automotive segment.

ZF Commercial Vehicle Control Systems India Headlines

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