SVUHF (SRIVARU Holding) Days Inventory : 276.81 (As of Mar. 2024)

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What is SRIVARU Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SRIVARU Holding's Average Total Inventories for the six months ended in Mar. 2024 was $0.23 Mil. SRIVARU Holding's Cost of Goods Sold for the six months ended in Mar. 2024 was $0.30 Mil. Hence, SRIVARU Holding's Days Inventory for the six months ended in Mar. 2024 was 138.41.

The historical rank and industry rank for SRIVARU Holding's Days Inventory or its related term are showing as below:

SVUHF' s Days Inventory Range Over the Past 10 Years
Min: 276.81 Med: 422.91 Max: 569.01
Current: 276.81

During the past 3 years, SRIVARU Holding's highest Days Inventory was 569.01. The lowest was 276.81. And the median was 422.91.

SVUHF's Days Inventory is ranked worse than
95.28% of 1272 companies
in the Vehicles & Parts industry
Industry Median: 80.8 vs SVUHF: 276.81

SRIVARU Holding's Days Inventory increased from Mar. 2022 (0.00) to Mar. 2024 (276.81). It might indicate that SRIVARU Holding's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. SRIVARU Holding's Inventory Turnover for the six months ended in Mar. 2024 was 1.32.

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. SRIVARU Holding's Inventory-to-Revenue for the six months ended in Mar. 2024 was 5.26.

SRIVARU Holding Days Inventory Historical Data

The historical data trend for SRIVARU Holding'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.

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SRIVARU Holding Days Inventory Chart

SRIVARU Holding Annual Data

Trend

Mar22

Mar23

Mar24

Days Inventory

569.01

276.81

SRIVARU Holding Semi-Annual Data
	Mar22	Mar23	Mar24
Days Inventory	-	569.01	276.81

Competitive Comparison of SRIVARU Holding's Days Inventory

For the Auto Manufacturers subindustry, SRIVARU Holding'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.

SRIVARU Holding's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SRIVARU Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where SRIVARU Holding's Days Inventory falls into.

SRIVARU Holding Days Inventory Calculation

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

SRIVARU Holding'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
=	( (0.332	+	0.12)	/	2 )	/	0.298	*	365
=	0.226					/	0.298	*	365
=	276.81

SRIVARU Holding's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.332	+	0.12)	/	2 )	/	0.298	*	365 / 2
=	0.226					/	0.298	*	365 / 2
=	138.41

SRIVARU Holding (OTCPK:SVUHF) 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.

SRIVARU Holding's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.298	/	0.226
	=	1.32

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.

SRIVARU Holding's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.226	/	0.043
	=	5.26

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.

SRIVARU Holding Days Inventory Related Terms

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

SRIVARU Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SRIVARU Holding Ltd (OTCPK:SVUHF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

West Bay Road, P.O. Box 10655, 2nd floor, Regatta Office park, Grand Cayman, CYM, KY1-1106

Website

https://www.svmh.ai

SRIVARU Holding Ltd focuses to revolutionize two-wheeled vehicles (TWV) by developing products powered by renewable energy, which are assured for safety, performance, and comfort, thereby providing safe riding experience to its customers. It operates in one reportable segment which is vehicle manufacturing. SVH's first product line, the Prana, is a E2W vehicle that is redefining the category. SVH has commenced engineering and design work for the Prana-Elite that is expected to leverage the same platform as the Prana-Grand, while upgrading its range.