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Uni Abex Alloy Products (BOM:504605) Days Inventory : 191.36 (As of Mar. 2024)


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What is Uni Abex Alloy Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Uni Abex Alloy Products's Average Total Inventories for the three months ended in Mar. 2024 was ₹388 Mil. Uni Abex Alloy Products's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹185 Mil. Hence, Uni Abex Alloy Products's Days Inventory for the three months ended in Mar. 2024 was 191.36.

The historical rank and industry rank for Uni Abex Alloy Products's Days Inventory or its related term are showing as below:

BOM:504605' s Days Inventory Range Over the Past 10 Years
Min: 136.5   Med: 164.79   Max: 300.3
Current: 138.57

During the past 13 years, Uni Abex Alloy Products's highest Days Inventory was 300.30. The lowest was 136.50. And the median was 164.79.

BOM:504605's Days Inventory is ranked worse than
75.96% of 570 companies
in the Steel industry
Industry Median: 88.445 vs BOM:504605: 138.57

Uni Abex Alloy Products's Days Inventory increased from Mar. 2023 (138.78) to Mar. 2024 (191.36). It might indicate that Uni Abex Alloy Products's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Uni Abex Alloy Products's Inventory Turnover for the three months ended in Mar. 2024 was 0.48.

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. Uni Abex Alloy Products's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.16.


Uni Abex Alloy Products Days Inventory Historical Data

The historical data trend for Uni Abex Alloy Products'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.

Uni Abex Alloy Products Days Inventory Chart

Uni Abex Alloy Products 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 173.48 175.53 156.10 136.50 138.49

Uni Abex Alloy Products 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 138.78 121.65 113.50 146.95 191.36

Competitive Comparison of Uni Abex Alloy Products's Days Inventory

For the Steel subindustry, Uni Abex Alloy Products'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.


Uni Abex Alloy Products's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Uni Abex Alloy Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where Uni Abex Alloy Products's Days Inventory falls into.



Uni Abex Alloy Products Days Inventory Calculation

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

Uni Abex Alloy Products'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
=( (338.253 + 388.367) / 2 ) / 957.536*365
=363.31 / 957.536*365
=138.49

Uni Abex Alloy Products'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 + 388.367) / 1 ) / 185.189*365 / 4
=388.367 / 185.189*365 / 4
=191.36

* 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.


Uni Abex Alloy Products  (BOM:504605) 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.

Uni Abex Alloy Products'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.

Uni Abex Alloy Products'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.


Uni Abex Alloy Products Days Inventory Related Terms

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


Uni Abex Alloy Products (BOM:504605) Business Description

Traded in Other Exchanges
N/A
Address
Sir Vithaldas Thackersey Marg, Liberty Building, Mumbai, MH, IND, 400020
Uni Abex Alloy Products Ltd is engaged in the manufacturing of steel castings and products. The company produces static, centrifugal castings and assemblies in heat and corrosion-resistant alloys. It offers products such as reformer tubes, harp assemblies, air injection tubes, feed tubes, bowl cylinders, Glendon coils, sink rolls, ring segments, radiant tubes, and cages. The company's product is used by various industries such as refinery, petrochemical and fertilizer, sponge iron, iron and steel, galvanizing plants, metal gasket, furnace, decanter, and valve manufacturers.

Uni Abex Alloy Products (BOM:504605) Headlines

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