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VMS Industries (BOM:533427) Days Inventory : 42.57 (As of Mar. 2024)


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What is VMS Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VMS Industries's Average Total Inventories for the three months ended in Mar. 2024 was ₹409 Mil. VMS Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹877 Mil. Hence, VMS Industries's Days Inventory for the three months ended in Mar. 2024 was 42.57.

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

BOM:533427' s Days Inventory Range Over the Past 10 Years
Min: 21.36   Med: 74.05   Max: 191.82
Current: 21.36

During the past 13 years, VMS Industries's highest Days Inventory was 191.82. The lowest was 21.36. And the median was 74.05.

BOM:533427's Days Inventory is ranked better than
53.08% of 211 companies
in the Waste Management industry
Industry Median: 23.5 vs BOM:533427: 21.36

VMS Industries's Days Inventory increased from Mar. 2023 (7.11) to Mar. 2024 (42.57). It might indicate that VMS Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. VMS Industries's Inventory Turnover for the three months ended in Mar. 2024 was 2.14.

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. VMS Industries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.45.


VMS Industries Days Inventory Historical Data

The historical data trend for VMS Industries'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.

VMS Industries Days Inventory Chart

VMS Industries 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 191.82 117.69 74.44 67.68 31.50

VMS Industries 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 7.11 14.17 0.82 0.98 42.57

Competitive Comparison of VMS Industries's Days Inventory

For the Waste Management subindustry, VMS Industries'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.


VMS Industries's Days Inventory Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, VMS Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where VMS Industries's Days Inventory falls into.



VMS Industries Days Inventory Calculation

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

VMS Industries'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
=( (20.455 + 408.99) / 2 ) / 2487.707*365
=214.7225 / 2487.707*365
=31.50

VMS Industries'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 + 408.99) / 1 ) / 876.708*365 / 4
=408.99 / 876.708*365 / 4
=42.57

* 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.


VMS Industries  (BOM:533427) 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.

VMS Industries'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.

VMS Industries'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.


VMS Industries Days Inventory Related Terms

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


VMS Industries (BOM:533427) Business Description

Traded in Other Exchanges
N/A
Address
Corporate Road, Opposite Royal Orchid, 808-C, Pinnacle Business Park, Prahladnagar, Ahmedabad, GJ, IND, 380015
VMS Industries Ltd provides ship recycling and offshore services. The Company is engaged in the business of breaking old and used ships segment. On the basis of the dominant source, the nature of risks and returns and the internal organization, the company has identified two operating segments: Manufacturing and Trading. Manufacturing in respect of Ship-Breaking business activities and Trading In respect of trading in Ferrous and Non-Ferrous metals. The majority of income is from the Manufacturing segment.

VMS Industries (BOM:533427) Headlines

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