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ADC India Communications (BOM:523411) Days Inventory : 48.71 (As of Dec. 2023)


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What is ADC India Communications Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ADC India Communications's Average Total Inventories for the three months ended in Dec. 2023 was ₹165 Mil. ADC India Communications's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹310 Mil. Hence, ADC India Communications's Days Inventory for the three months ended in Dec. 2023 was 48.71.

The historical rank and industry rank for ADC India Communications's Days Inventory or its related term are showing as below:

BOM:523411' s Days Inventory Range Over the Past 10 Years
Min: 43.16   Med: 50.25   Max: 101.28
Current: 55.85

During the past 13 years, ADC India Communications's highest Days Inventory was 101.28. The lowest was 43.16. And the median was 50.25.

BOM:523411's Days Inventory is ranked better than
78.11% of 2408 companies
in the Hardware industry
Industry Median: 101.955 vs BOM:523411: 55.85

ADC India Communications's Days Inventory declined from Dec. 2022 (55.42) to Dec. 2023 (48.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. ADC India Communications's Inventory Turnover for the three months ended in Dec. 2023 was 1.87.

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. ADC India Communications's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.39.


ADC India Communications Days Inventory Historical Data

The historical data trend for ADC India Communications'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.

ADC India Communications Days Inventory Chart

ADC India Communications 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 44.49 46.31 75.69 43.16 55.61

ADC India Communications 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 55.42 82.47 60.08 42.13 48.71

Competitive Comparison of ADC India Communications's Days Inventory

For the Communication Equipment subindustry, ADC India Communications'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.


ADC India Communications's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ADC India Communications's Days Inventory distribution charts can be found below:

* The bar in red indicates where ADC India Communications's Days Inventory falls into.



ADC India Communications Days Inventory Calculation

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

ADC India Communications'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
=( (120.865 + 226.243) / 2 ) / 1139.061*365
=173.554 / 1139.061*365
=55.61

ADC India Communications'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
=( (165.306 + 0) / 1 ) / 309.663*365 / 4
=165.306 / 309.663*365 / 4
=48.71

* 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.


ADC India Communications  (BOM:523411) 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.

ADC India Communications'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.

ADC India Communications'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.


ADC India Communications Days Inventory Related Terms

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


ADC India Communications (BOM:523411) Business Description

Traded in Other Exchanges
N/A
Address
No. 10C, 2nd Phase, 1st Main, Peenya Industrial Area, Bangalore, KA, IND, 560058
ADC India Communications Ltd is engaged in providing connectivity solutions to suit individual enterprise and telecom service provider requirements. It provides copper and fiber physical connectivity in telecommunications and data networking solutions. The company's segment include Telecommunication and IT - Networking. It generates maximum revenue from the IT - Networking segment.

ADC India Communications (BOM:523411) Headlines

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