Days Inventory is also known as Days Sales of Inventory (DSI). Birla Cable's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹762 Mil. Birla Cable's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹1,417 Mil.
Hence, Birla Cable's Days Inventory for the
three
months ended in Mar. 2024 was 49.06.
The historical rank and industry rank for Birla Cable's Days Inventory or its related term are showing as below:
BOM:500060'
s Days Inventory Range Over the Past 10 Years
Min: 53.96 Med: 86.83 Max: 169.83
Current: 63.84
During the past 13 years, Birla Cable's highest Days Inventory was 169.83. The lowest was 53.96. And the median was 86.83.
BOM:500060's Days Inventory is ranked better than 73.18% of 2409
companies
in the Hardware industry
Industry Median: 101.78
vs BOM:500060: 63.84
Birla Cable's Days Inventory
increased
from Mar. 2023 (47.63) to Mar. 2024 (49.06).
It might indicate that Birla Cable's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Birla Cable's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.86.
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.
Birla Cable's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.44.
Birla Cable Days Inventory Historical Data
The historical data trend for Birla Cable'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.
Competitive Comparison of Birla Cable's Days Inventory
For the Communication Equipment subindustry, Birla Cable'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.
Birla Cable's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Birla Cable's Days Inventory distribution charts can be found below:
* The bar in red indicates where Birla Cable's Days Inventory falls into.
Birla Cable Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Birla Cable's Days Inventory for the fiscal year that ended in Mar. 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.
Birla Cable (BOM:500060) 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.
Birla Cable's Inventory Turnover for the
three
months ended in Mar. 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.
Birla Cable's Inventory to Revenue for the
three
months ended in Mar. 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.
Birla Cable Days Inventory Related Terms
Thank you for viewing the detailed overview of Birla Cable's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Birla Cable Ltd is engaged in the manufacturing and sale of telecommunication cables, consisting of both copper and optical fiber, and other types of specialty wires and cables. Its geographical segments include Domestic Market (within India) and Overseas Market (outside India). The firm offers products in various categories such as optical fiber cables, including armored and unarmored, di-electric self-supporting aerial, figure-8 type aerial, drop, and interconnect cables. It also offers specialty cables, such as stainless steel wire armored tactical, coaxial, switchboard, screened PCM, and CAT cables, as well as automobile wires. In addition, the company provides telecom fiber accessories comprising connectors, adapters, pigtails, and cable accessories.
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