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Crompton Greaves Consumer Electricals (NSE:CROMPTON) Days Inventory : 56.76 (As of Mar. 2024)


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What is Crompton Greaves Consumer Electricals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Crompton Greaves Consumer Electricals's Average Total Inventories for the three months ended in Mar. 2024 was ₹8,304 Mil. Crompton Greaves Consumer Electricals's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹13,352 Mil. Hence, Crompton Greaves Consumer Electricals's Days Inventory for the three months ended in Mar. 2024 was 56.76.

The historical rank and industry rank for Crompton Greaves Consumer Electricals's Days Inventory or its related term are showing as below:

NSE:CROMPTON' s Days Inventory Range Over the Past 10 Years
Min: 34.41   Med: 54.68   Max: 69.87
Current: 58.35

During the past 10 years, Crompton Greaves Consumer Electricals's highest Days Inventory was 69.87. The lowest was 34.41. And the median was 54.68.

NSE:CROMPTON's Days Inventory is ranked better than
80% of 405 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.35 vs NSE:CROMPTON: 58.35

Crompton Greaves Consumer Electricals's Days Inventory increased from Mar. 2023 (55.37) to Mar. 2024 (56.76). It might indicate that Crompton Greaves Consumer Electricals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Crompton Greaves Consumer Electricals's Inventory Turnover for the three months ended in Mar. 2024 was 1.61.

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. Crompton Greaves Consumer Electricals's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.42.


Crompton Greaves Consumer Electricals Days Inventory Historical Data

The historical data trend for Crompton Greaves Consumer Electricals'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.

Crompton Greaves Consumer Electricals Days Inventory Chart

Crompton Greaves Consumer Electricals 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 48.27 54.68 60.86 57.12 57.46

Crompton Greaves Consumer Electricals 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 55.37 52.28 61.40 65.76 56.76

Competitive Comparison of Crompton Greaves Consumer Electricals's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Crompton Greaves Consumer Electricals'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.


Crompton Greaves Consumer Electricals's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Crompton Greaves Consumer Electricals's Days Inventory distribution charts can be found below:

* The bar in red indicates where Crompton Greaves Consumer Electricals's Days Inventory falls into.



Crompton Greaves Consumer Electricals Days Inventory Calculation

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

Crompton Greaves Consumer Electricals'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
=( (7438.5 + 8304.4) / 2 ) / 50003.1*365
=7871.45 / 50003.1*365
=57.46

Crompton Greaves Consumer Electricals'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 + 8304.4) / 1 ) / 13351.7*365 / 4
=8304.4 / 13351.7*365 / 4
=56.76

* 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.


Crompton Greaves Consumer Electricals  (NSE:CROMPTON) 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.

Crompton Greaves Consumer Electricals'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.

Crompton Greaves Consumer Electricals'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.


Crompton Greaves Consumer Electricals Days Inventory Related Terms

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


Crompton Greaves Consumer Electricals (NSE:CROMPTON) Business Description

Traded in Other Exchanges
Address
Equinox Business Park, Lal Bahadur Shastri Marg, Tower 3, 1st Floor, East Wing, Kurla (West), Mumbai, MH, IND, 400 070
Crompton Greaves Consumer Electricals Ltd manufactures and markets consumer products in India. Its operating segments are Electric Consumer Durables; Lighting Products and Butterfly. The company offers fans comprising ceiling, table, pedestal, wall-mounted, domestic exhaust, special, and personal fans; professional LED and conventional lighting, solar, and lighting automation products, as well as lamps and consumer luminaires; and surface and submersible pumps, pumping systems, and accessories. The company operates predominantly in the domestic market, in India.

Crompton Greaves Consumer Electricals (NSE:CROMPTON) Headlines

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