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Simmonds Marshall (BOM:507998) Days Inventory : 210.69 (As of Dec. 2023)


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What is Simmonds Marshall Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Simmonds Marshall's Average Total Inventories for the three months ended in Dec. 2023 was ₹588 Mil. Simmonds Marshall's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹255 Mil. Hence, Simmonds Marshall's Days Inventory for the three months ended in Dec. 2023 was 210.69.

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

BOM:507998' s Days Inventory Range Over the Past 10 Years
Min: 121.98   Med: 181.78   Max: 265.43
Current: 181.97

During the past 13 years, Simmonds Marshall's highest Days Inventory was 265.43. The lowest was 121.98. And the median was 181.78.

BOM:507998's Days Inventory is ranked worse than
71.73% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs BOM:507998: 181.97

Simmonds Marshall's Days Inventory declined from Dec. 2022 (223.33) to Dec. 2023 (210.69).

Inventory Turnover measures how fast the company turns over its inventory within a year. Simmonds Marshall's Inventory Turnover for the three months ended in Dec. 2023 was 0.43.

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. Simmonds Marshall's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.24.


Simmonds Marshall Days Inventory Historical Data

The historical data trend for Simmonds Marshall'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.

Simmonds Marshall Days Inventory Chart

Simmonds Marshall 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 159.75 240.58 265.43 222.87 184.70

Simmonds Marshall 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 223.33 143.06 227.64 201.22 210.69

Competitive Comparison of Simmonds Marshall's Days Inventory

For the Tools & Accessories subindustry, Simmonds Marshall'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.


Simmonds Marshall's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Simmonds Marshall's Days Inventory falls into.



Simmonds Marshall Days Inventory Calculation

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

Simmonds Marshall'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
=( (530.938 + 614.802) / 2 ) / 1132.113*365
=572.87 / 1132.113*365
=184.70

Simmonds Marshall'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
=( (588.093 + 0) / 1 ) / 254.699*365 / 4
=588.093 / 254.699*365 / 4
=210.69

* 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.


Simmonds Marshall  (BOM:507998) 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.

Simmonds Marshall'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.

Simmonds Marshall'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.


Simmonds Marshall Days Inventory Related Terms

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


Simmonds Marshall (BOM:507998) Business Description

Traded in Other Exchanges
N/A
Address
5, Wallace Street, Apeejay Chambers, Fort, Mumbai, MH, IND, 400001
Simmonds Marshall Ltd is a manufacturer of industrial fasteners. It caters to the automotive and industrial sectors and supplies to almost all the major automobile manufacturers in India as original equipment suppliers. The company product range comprises of Cleveloc and all metal self-locking nuts, Dome cap, Slotted and castle, Nylon insert self-locking nuts, Bolts and Studs. It operates in two geographical segments: India and other countries, of which maximum revenue is derived from India.

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