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Gujarat Poly Electronics (BOM:517288) Days Inventory : 92.91 (As of Mar. 2024)


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What is Gujarat Poly Electronics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gujarat Poly Electronics's Average Total Inventories for the three months ended in Mar. 2024 was ₹28.6 Mil. Gujarat Poly Electronics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹28.1 Mil. Hence, Gujarat Poly Electronics's Days Inventory for the three months ended in Mar. 2024 was 92.91.

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

BOM:517288' s Days Inventory Range Over the Past 10 Years
Min: 78.19   Med: 106.69   Max: 146.08
Current: 97.37

During the past 13 years, Gujarat Poly Electronics's highest Days Inventory was 146.08. The lowest was 78.19. And the median was 106.69.

BOM:517288's Days Inventory is ranked better than
52.99% of 2408 companies
in the Hardware industry
Industry Median: 101.86 vs BOM:517288: 97.37

Gujarat Poly Electronics's Days Inventory declined from Mar. 2023 (103.22) to Mar. 2024 (92.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gujarat Poly Electronics's Inventory Turnover for the three months ended in Mar. 2024 was 0.98.

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. Gujarat Poly Electronics's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.66.


Gujarat Poly Electronics Days Inventory Historical Data

The historical data trend for Gujarat Poly Electronics'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.

Gujarat Poly Electronics Days Inventory Chart

Gujarat Poly Electronics 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 101.48 95.32 105.13 108.25 100.57

Gujarat Poly Electronics 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 103.22 92.76 94.08 104.98 92.91

Competitive Comparison of Gujarat Poly Electronics's Days Inventory

For the Electronic Components subindustry, Gujarat Poly Electronics'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.


Gujarat Poly Electronics's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gujarat Poly Electronics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gujarat Poly Electronics's Days Inventory falls into.



Gujarat Poly Electronics Days Inventory Calculation

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

Gujarat Poly Electronics'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
=( (30.443 + 28.562) / 2 ) / 107.072*365
=29.5025 / 107.072*365
=100.57

Gujarat Poly Electronics'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 + 28.562) / 1 ) / 28.053*365 / 4
=28.562 / 28.053*365 / 4
=92.91

* 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.


Gujarat Poly Electronics  (BOM:517288) 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.

Gujarat Poly Electronics'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.

Gujarat Poly Electronics'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.


Gujarat Poly Electronics Days Inventory Related Terms

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


Gujarat Poly Electronics (BOM:517288) Business Description

Traded in Other Exchanges
N/A
Address
7, Jamshedji Tata Road, Oriental House, 5th Floor, Church Gate Reclamation, Mumbai, MH, IND, 400 020
Gujarat Poly Electronics Ltd is an India-based company. The company is engaged in the manufacturing, distribution, and marketing of markets ceramic capacitors and varistors. Its portfolio includes products like Single-layer ceramic capacitors; Multilayer ceramic capacitors and, Metal oxide varistors. In addition, the company also supplies various equipment like computer and computer peripherals, instrumentations and industrial electronics, consumer electronics, defense electronics, telecommunications, and other related products. The majority of its revenue comes from the Indian market.

Gujarat Poly Electronics (BOM:517288) Headlines

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