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Rajoo Engineers (BOM:522257) Days Inventory : 375.64 (As of Mar. 2024)


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What is Rajoo Engineers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rajoo Engineers's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,030 Mil. Rajoo Engineers's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹250 Mil. Hence, Rajoo Engineers's Days Inventory for the three months ended in Mar. 2024 was 375.64.

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

BOM:522257' s Days Inventory Range Over the Past 10 Years
Min: 69.82   Med: 185.01   Max: 347.79
Current: 254.12

During the past 13 years, Rajoo Engineers's highest Days Inventory was 347.79. The lowest was 69.82. And the median was 185.01.

BOM:522257's Days Inventory is ranked worse than
84.77% of 2909 companies
in the Industrial Products industry
Industry Median: 120.85 vs BOM:522257: 254.12

Rajoo Engineers's Days Inventory increased from Mar. 2023 (117.02) to Mar. 2024 (375.64). It might indicate that Rajoo Engineers'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. Rajoo Engineers's Inventory Turnover for the three months ended in Mar. 2024 was 0.24.

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. Rajoo Engineers's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.96.


Rajoo Engineers Days Inventory Historical Data

The historical data trend for Rajoo Engineers'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.

Rajoo Engineers Days Inventory Chart

Rajoo Engineers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 347.79 209.27 160.75 221.50 257.46

Rajoo Engineers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 117.02 292.28 216.07 185.21 375.64

Competitive Comparison of Rajoo Engineers's Days Inventory

For the Specialty Industrial Machinery subindustry, Rajoo Engineers'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.


Rajoo Engineers's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where Rajoo Engineers's Days Inventory falls into.



Rajoo Engineers Days Inventory Calculation

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

Rajoo Engineers's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (626.759 + 1029.783) / 2 ) / 1174.255*365
=828.271 / 1174.255*365
=257.46

Rajoo Engineers's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 1029.783) / 1 ) / 250.155*365 / 4
=1029.783 / 250.155*365 / 4
=375.64

* 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.


Rajoo Engineers  (BOM:522257) 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.

Rajoo Engineers'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.

Rajoo Engineers'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.


Rajoo Engineers Days Inventory Related Terms

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


Rajoo Engineers (BOM:522257) Business Description

Traded in Other Exchanges
N/A
Address
Rajoo Avenue, Survey Number 210, Plot Number 1, Industrial Area, Veraval (Shapar), Rajkot, GJ, IND, 360 024
Rajoo Engineers Ltd manufactures and sells plastic processing machinery and post extrusion equipment. The company's products and solutions include Monolayer Blown Film Lines, Downward Extrusion Blown Film Lines, Multilayer Blown Film Lines, 5 Layer Polyolefin Dedicated, PS/PP/ABS Sheet Lines, PS/PE Foam Extrusion Lines, Thermoforming, PS Foam Vacuum Forming Machines, Twin Screw, Pipe Plant, Drip Irrigation Pipe Plant for Round, Flat Dripper, Lab Equipment and others. Company products apply to flexible packaging, agriculture, infrastructure, automobiles, food and beverages, pharmaceuticals, stationery, printing, etc. It serves the domestic and international markets and derives substantial revenue from the sale of services overseas.

Rajoo Engineers (BOM:522257) Headlines

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