DHP India (BOM:531306) Days Inventory : 536.34 (As of Dec. 2023)

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What is DHP India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DHP India's Average Total Inventories for the three months ended in Dec. 2023 was ₹250.6 Mil. DHP India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹42.6 Mil. Hence, DHP India's Days Inventory for the three months ended in Dec. 2023 was 536.34.

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

BOM:531306' s Days Inventory Range Over the Past 10 Years
Min: 106.24 Med: 137.38 Max: 306.56
Current: 306.56

During the past 13 years, DHP India's highest Days Inventory was 306.56. The lowest was 106.24. And the median was 137.38.

BOM:531306's Days Inventory is ranked worse than
89.9% of 2912 companies
in the Industrial Products industry
Industry Median: 120.75 vs BOM:531306: 306.56

DHP India's Days Inventory increased from Dec. 2022 (294.37) to Dec. 2023 (536.34). It might indicate that DHP India'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. DHP India's Inventory Turnover for the three months ended in Dec. 2023 was 0.17.

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. DHP India's Inventory-to-Revenue for the three months ended in Dec. 2023 was 3.17.

DHP India Days Inventory Historical Data

The historical data trend for DHP India'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.

DHP India Days Inventory Chart

DHP India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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109.09

145.76

148.80

127.06

164.00

DHP India 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															294.37	179.43	280.40	437.35	536.34

Competitive Comparison of DHP India's Days Inventory

For the Tools & Accessories subindustry, DHP India'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.

DHP India's Days Inventory Distribution in the Industrial Products Industry

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

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

DHP India Days Inventory Calculation

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

DHP India'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
=	( (278.74	+	260.374)	/	2 )	/	599.919	*	365
=	269.557					/	599.919	*	365
=	164.00

DHP India'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
=	( (250.624	+	0)	/	1 )	/	42.64	*	365 / 4
=	250.624					/	42.64	*	365 / 4
=	536.34

DHP India (BOM:531306) 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.

DHP India's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	42.64	/	250.624
	=	0.17

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.

DHP India's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	250.624	/	78.992
	=	3.17

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.

DHP India Days Inventory Related Terms

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

DHP India (BOM:531306) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DHP India Ltd (BOM:531306) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

7B, Shreelekha, 7th Floor, 42A, Park Street, Kolkata, WB, IND, 700 016

Website

https://www.dilindia.co.in

DHP India Ltd is an India-based company, which is engaged in the manufacturing of engineering goods, such as liquefied petroleum gas (LPG) regulators, accessories, and related brass items. The company's products include Propane Regulators, Butane Regulators, LPG Regulators, Hose Assemblies, and Brass Fittings. It sells its products in the domestic, as well as export markets.

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