Bosch (BOM:500530) Days Inventory : 65.93 (As of Dec. 2023)

View and export this data going back to 1991. Start your Free Trial

What is Bosch Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bosch's Average Total Inventories for the three months ended in Dec. 2023 was ₹18,939 Mil. Bosch's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹26,212 Mil. Hence, Bosch's Days Inventory for the three months ended in Dec. 2023 was 65.93.

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

BOM:500530' s Days Inventory Range Over the Past 10 Years
Min: 59.19 Med: 71.99 Max: 84.78
Current: 59.19

During the past 13 years, Bosch's highest Days Inventory was 84.78. The lowest was 59.19. And the median was 71.99.

BOM:500530's Days Inventory is ranked better than
68.1% of 1254 companies
in the Vehicles & Parts industry
Industry Median: 80.76 vs BOM:500530: 59.19

Bosch's Days Inventory declined from Dec. 2022 (70.33) to Dec. 2023 (65.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bosch's Inventory Turnover for the three months ended in Dec. 2023 was 1.38.

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. Bosch's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.45.

Bosch Days Inventory Historical Data

The historical data trend for Bosch'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.

Bosch Days Inventory Chart

Bosch Annual Data

Trend

Dec14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

65.90

79.60

68.60

71.99

65.75

Bosch 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															70.33	53.94	64.71	62.65	65.93

Competitive Comparison of Bosch's Days Inventory

For the Auto Parts subindustry, Bosch'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.

Bosch's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bosch's Days Inventory distribution charts can be found below:

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

Bosch Days Inventory Calculation

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

Bosch'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
=	( (17293	+	19029)	/	2 )	/	100825	*	365
=	18161					/	100825	*	365
=	65.75

Bosch'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
=	( (18939	+	0)	/	1 )	/	26212	*	365 / 4
=	18939					/	26212	*	365 / 4
=	65.93

Bosch (BOM:500530) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	26212	/	18939
	=	1.38

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18939	/	42052
	=	0.45

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.

Bosch Days Inventory Related Terms

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

Bosch (BOM:500530) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bosch Ltd (BOM:500530) » Definitions » Days Inventory

Traded in Other Exchanges

BOSCHLTD:India

Address

Hosur Road, Post Box No. 3000, Adugodi, Bengaluru, KA, IND, 560030

Website

https://www.bosch.in

Bosch Ltd is a holding company of subsidiaries manufacturing and trading automotive products. It sells car parts such as fuel systems, electrical drives and motors, steering systems, and aftermarket products to the automotive industry. It also offers power tools under the Bosch brand name, packaging systems and technologies, and energy efficiency products. The company operates solely in India, with nearly all of its products sold in its domestic market.

Bosch (BOM:500530) Headlines

No Headlines