Days Inventory is also known as Days Sales of Inventory (DSI). Sat Industries's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹888 Mil. Sat Industries's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹706 Mil.
Hence, Sat Industries's Days Inventory for the
three
months ended in Mar. 2024 was 114.84.
The historical rank and industry rank for Sat Industries's Days Inventory or its related term are showing as below:
BOM:511076'
s Days Inventory Range Over the Past 10 Years
Min: 19.89 Med: 75.86 Max: 101.86
Current: 101.86
During the past 13 years, Sat Industries's highest Days Inventory was 101.86. The lowest was 19.89. And the median was 75.86.
BOM:511076's Days Inventory is ranked worse than 58.64% of 573
companies
in the Steel industry
Industry Median: 86.42
vs BOM:511076: 101.86
Sat Industries's Days Inventory
increased
from Mar. 2023 (108.37) to Mar. 2024 (114.84).
It might indicate that Sat Industries's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Sat Industries's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.79.
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.
Sat Industries's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.77.
Sat Industries Days Inventory Historical Data
The historical data trend for Sat 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.
Competitive Comparison of Sat Industries's Days Inventory
For the Steel subindustry, Sat 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.
Sat Industries's Days Inventory Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Sat Industries's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sat Industries's Days Inventory falls into.
Sat Industries Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sat Industries's Days Inventory for the fiscal year that 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.
Sat Industries (BOM:511076) 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.
Sat 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.
Sat 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.
Sat Industries Days Inventory Related Terms
Thank you for viewing the detailed overview of Sat Industries's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sat Industries Ltd is an Indian-based company engaged in the business of international trading, investment, and finance, leasing of assets, manufacturing of flexible packaging, hose pipes, education, etc. through its own or through subsidiary and associate companies. The company also offers stainless steel hose assemblies, welding sleeves, different types of fittings, and couplings, as per customer requirements. The operating segments of the company include trading; manufacturing, finance and investment. The company generates maximum revenue from the manufacturing segment. Geographically, the company derives a majority of its revenue from India.
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