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Wires And Fabriks (SA) (BOM:507817) Days Inventory : 335.24 (As of Dec. 2023)


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What is Wires And Fabriks (SA) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wires And Fabriks (SA)'s Average Total Inventories for the three months ended in Dec. 2023 was ₹339 Mil. Wires And Fabriks (SA)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹92 Mil. Hence, Wires And Fabriks (SA)'s Days Inventory for the three months ended in Dec. 2023 was 335.24.

The historical rank and industry rank for Wires And Fabriks (SA)'s Days Inventory or its related term are showing as below:

BOM:507817' s Days Inventory Range Over the Past 10 Years
Min: 138.97   Med: 165.63   Max: 228.38
Current: 228.38

During the past 13 years, Wires And Fabriks (SA)'s highest Days Inventory was 228.38. The lowest was 138.97. And the median was 165.63.

BOM:507817's Days Inventory is ranked worse than
81.21% of 2911 companies
in the Industrial Products industry
Industry Median: 120.53 vs BOM:507817: 228.38

Wires And Fabriks (SA)'s Days Inventory increased from Dec. 2022 (333.15) to Dec. 2023 (335.24). It might indicate that Wires And Fabriks (SA)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wires And Fabriks (SA)'s Inventory Turnover for the three months ended in Dec. 2023 was 0.27.

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. Wires And Fabriks (SA)'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.17.


Wires And Fabriks (SA) Days Inventory Historical Data

The historical data trend for Wires And Fabriks (SA)'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.

Wires And Fabriks (SA) Days Inventory Chart

Wires And Fabriks (SA) 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 138.97 161.45 152.23 154.59 210.36

Wires And Fabriks (SA) 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 333.15 106.10 507.51 378.57 335.24

Competitive Comparison of Wires And Fabriks (SA)'s Days Inventory

For the Specialty Industrial Machinery subindustry, Wires And Fabriks (SA)'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.


Wires And Fabriks (SA)'s Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Wires And Fabriks (SA)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Wires And Fabriks (SA)'s Days Inventory falls into.



Wires And Fabriks (SA) Days Inventory Calculation

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

Wires And Fabriks (SA)'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
=( (199.276 + 272.947) / 2 ) / 409.69*365
=236.1115 / 409.69*365
=210.36

Wires And Fabriks (SA)'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
=( (338.709 + 0) / 1 ) / 92.193*365 / 4
=338.709 / 92.193*365 / 4
=335.24

* 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.


Wires And Fabriks (SA)  (BOM:507817) 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.

Wires And Fabriks (SA)'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.

Wires And Fabriks (SA)'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.


Wires And Fabriks (SA) Days Inventory Related Terms

Thank you for viewing the detailed overview of Wires And Fabriks (SA)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Wires And Fabriks (SA) (BOM:507817) Business Description

Traded in Other Exchanges
N/A
Address
63, Industrial Area, Jhotwara, Jaipur, RJ, IND, 302012
Wires And Fabriks (SA) Ltd manufactures and supplies of paper machine clothing in India. It operates through one segment, Paper Mill Products. It offers a range of forming fabrics; woven dryer screens and spiral link dryer screens; pulp fabrics, including polyester, polyamide, or Kynar pulp fabrics; stuffed spiral screen and herringbone weave press belts. Geographically firm's majority revenue gets generated in India.

Wires And Fabriks (SA) (BOM:507817) Headlines

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