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Delta Manufacturing (BOM:504286) Days Inventory : 163.06 (As of Dec. 2023)


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What is Delta Manufacturing Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Delta Manufacturing's Average Total Inventories for the three months ended in Dec. 2023 was ₹164.2 Mil. Delta Manufacturing's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹91.9 Mil. Hence, Delta Manufacturing's Days Inventory for the three months ended in Dec. 2023 was 163.06.

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

BOM:504286' s Days Inventory Range Over the Past 10 Years
Min: 108.19   Med: 151.45   Max: 264.29
Current: 177.31

During the past 13 years, Delta Manufacturing's highest Days Inventory was 264.29. The lowest was 108.19. And the median was 151.45.

BOM:504286's Days Inventory is ranked worse than
70.35% of 2911 companies
in the Industrial Products industry
Industry Median: 120.53 vs BOM:504286: 177.31

Delta Manufacturing's Days Inventory increased from Dec. 2022 (162.97) to Dec. 2023 (163.06). It might indicate that Delta Manufacturing's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Delta Manufacturing's Inventory Turnover for the three months ended in Dec. 2023 was 0.56.

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. Delta Manufacturing's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.80.


Delta Manufacturing Days Inventory Historical Data

The historical data trend for Delta Manufacturing'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.

Delta Manufacturing Days Inventory Chart

Delta Manufacturing Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.33 118.54 264.29 174.79 184.58

Delta Manufacturing Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 162.97 205.89 168.76 166.69 163.06

Competitive Comparison of Delta Manufacturing's Days Inventory

For the Specialty Industrial Machinery subindustry, Delta Manufacturing'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.


Delta Manufacturing's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Delta Manufacturing's Days Inventory distribution charts can be found below:

* The bar in red indicates where Delta Manufacturing's Days Inventory falls into.



Delta Manufacturing Days Inventory Calculation

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

Delta Manufacturing's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (174.998 + 180.378) / 2 ) / 351.373*365
=177.688 / 351.373*365
=184.58

Delta Manufacturing's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (164.169 + 0) / 1 ) / 91.871*365 / 4
=164.169 / 91.871*365 / 4
=163.06

* 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.


Delta Manufacturing  (BOM:504286) 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.

Delta Manufacturing's Inventory Turnover for the three months ended in Dec. 2023 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.

Delta Manufacturing's Inventory to Revenue for the three months ended in Dec. 2023 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.


Delta Manufacturing Days Inventory Related Terms

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


Delta Manufacturing (BOM:504286) Business Description

Traded in Other Exchanges
Address
Tardeo Road, Bayside Mall, 2nd Floor, Opposite Sobo Central Mall, Haji Ali, Mumbai, MH, IND, 400 034
Delta Manufacturing Ltd is a manufacturer of hard ferrite magnets. The company along with its subsidiaries manufactures ceramic magnets used in the automotive sector; soft ferrites that serve the electronics and automotive sector and also has a distribution house that deals in various kinds of magnets and magnet materials that are useful for various industries including electronics, retail, non-conventional energy, aerospace and automotive. Its operating segment includes Hard ferrites; Soft ferrites; Textiles and MagDev. The majority of the revenue is derived from the Textiles segment.

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