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Gujarat Toolroom (BOM:513337) Days Inventory : 1.66 (As of Dec. 2023)


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What is Gujarat Toolroom Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gujarat Toolroom's Average Total Inventories for the three months ended in Dec. 2023 was ₹21 Mil. Gujarat Toolroom's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,146 Mil. Hence, Gujarat Toolroom's Days Inventory for the three months ended in Dec. 2023 was 1.66.

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

BOM:513337' s Days Inventory Range Over the Past 10 Years
Min: 2.57   Med: 774.97   Max: 1184.93
Current: 2.57

During the past 13 years, Gujarat Toolroom's highest Days Inventory was 1184.93. The lowest was 2.57. And the median was 774.97.

BOM:513337's Days Inventory is ranked better than
98.94% of 663 companies
in the Metals & Mining industry
Industry Median: 88.64 vs BOM:513337: 2.57

Gujarat Toolroom's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (1.66). It might indicate that Gujarat Toolroom'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. Gujarat Toolroom's Inventory Turnover for the three months ended in Dec. 2023 was 54.88.

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. Gujarat Toolroom's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.


Gujarat Toolroom Days Inventory Historical Data

The historical data trend for Gujarat Toolroom'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.

Gujarat Toolroom Days Inventory Chart

Gujarat Toolroom 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 - - - - 1,184.93

Gujarat Toolroom 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 - 296.23 - 1.24 1.66

Competitive Comparison of Gujarat Toolroom's Days Inventory

For the Other Industrial Metals & Mining subindustry, Gujarat Toolroom'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.


Gujarat Toolroom's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Gujarat Toolroom's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gujarat Toolroom's Days Inventory falls into.



Gujarat Toolroom Days Inventory Calculation

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

Gujarat Toolroom'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
=( (0 + 16.865) / 1 ) / 5.195*365
=16.865 / 5.195*365
=1,184.93

Gujarat Toolroom'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
=( (20.878 + 0) / 1 ) / 1145.873*365 / 4
=20.878 / 1145.873*365 / 4
=1.66

* 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.


Gujarat Toolroom  (BOM:513337) 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.

Gujarat Toolroom'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.

Gujarat Toolroom'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.


Gujarat Toolroom Days Inventory Related Terms

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


Gujarat Toolroom (BOM:513337) Business Description

Traded in Other Exchanges
N/A
Address
402, Sheel Complex, Mayur Colony, Near Mithakhali Under Bridge, Navrangpura, Ahmedabad, GJ, IND, 380009
Gujarat Toolroom Ltd is engaged in the Mining Services business.

Gujarat Toolroom (BOM:513337) Headlines

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