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RMC Switchgears (BOM:540358) Days Inventory : 31.20 (As of Mar. 2024)


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What is RMC Switchgears Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RMC Switchgears's Average Total Inventories for the six months ended in Mar. 2024 was ₹90 Mil. RMC Switchgears's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹524 Mil. Hence, RMC Switchgears's Days Inventory for the six months ended in Mar. 2024 was 31.20.

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

BOM:540358' s Days Inventory Range Over the Past 10 Years
Min: 28.84   Med: 50.93   Max: 137.35
Current: 34.16

During the past 13 years, RMC Switchgears's highest Days Inventory was 137.35. The lowest was 28.84. And the median was 50.93.

BOM:540358's Days Inventory is ranked better than
93.44% of 2898 companies
in the Industrial Products industry
Industry Median: 121.445 vs BOM:540358: 34.16

RMC Switchgears's Days Inventory declined from Mar. 2023 (34.14) to Mar. 2024 (31.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. RMC Switchgears's Inventory Turnover for the six months ended in Mar. 2024 was 5.85.

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. RMC Switchgears's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.11.


RMC Switchgears Days Inventory Historical Data

The historical data trend for RMC Switchgears'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.

RMC Switchgears Days Inventory Chart

RMC Switchgears 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 89.84 137.35 136.28 53.71 36.62

RMC Switchgears Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 125.20 56.58 34.14 35.04 31.20

Competitive Comparison of RMC Switchgears's Days Inventory

For the Electrical Equipment & Parts subindustry, RMC Switchgears'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.


RMC Switchgears's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where RMC Switchgears's Days Inventory falls into.



RMC Switchgears Days Inventory Calculation

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

RMC Switchgears'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
=( (88.328 + 102.919) / 2 ) / 953.083*365
=95.6235 / 953.083*365
=36.62

RMC Switchgears'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (76.358 + 102.919) / 2 ) / 524.244*365 / 2
=89.6385 / 524.244*365 / 2
=31.20

* 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.


RMC Switchgears  (BOM:540358) 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.

RMC Switchgears's Inventory Turnover for the six 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.

RMC Switchgears's Inventory to Revenue for the six 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.


RMC Switchgears Days Inventory Related Terms

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


RMC Switchgears (BOM:540358) Business Description

Traded in Other Exchanges
N/A
Address
B-11 (B&C), Malviya Industrial Area, Jaipur, RJ, IND, 302017
RMC Switchgears Ltd designs and manufactures electronic energy meters, enclosures of energy metering, distribution boxes and panels, sheet moulding compounds and bulk moulding compounds, solar power equipment and turnkey contracts. These are primarily in B2B and B2G space. The company is engaged in Switch Gear Engineering and Construction contracts for the power distribution/transmission sector.

RMC Switchgears (BOM:540358) Headlines

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