Days Inventory is also known as Days Sales of Inventory (DSI). Timken India's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹6,667 Mil. Timken India's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹5,323 Mil.
Hence, Timken India's Days Inventory for the
three
months ended in Mar. 2024 was 114.30.
The historical rank and industry rank for Timken India's Days Inventory or its related term are showing as below:
BOM:522113'
s Days Inventory Range Over the Past 10 Years
Min: 86.5 Med: 101.16 Max: 132.33
Current: 132.33
During the past 13 years, Timken India's highest Days Inventory was 132.33. The lowest was 86.50. And the median was 101.16.
BOM:522113's Days Inventory is ranked better than 55.09% of 2908
companies
in the Industrial Products industry
Industry Median: 120.82
vs BOM:522113: 132.33
Timken India's Days Inventory
increased
from Mar. 2023 (105.25) to Mar. 2024 (114.30).
It might indicate that Timken India's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Timken India's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.80.
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.
Timken India's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.74.
Timken India Days Inventory Historical Data
The historical data trend for Timken India'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 Timken India's Days Inventory
For the Tools & Accessories subindustry, Timken India'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.
Timken India's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Timken India's Days Inventory distribution charts can be found below:
* The bar in red indicates where Timken India's Days Inventory falls into.
Timken India Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Timken India'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.
Timken India (BOM:522113) 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.
Timken India'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.
Timken India'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.
Timken India Days Inventory Related Terms
Thank you for viewing the detailed overview of Timken India's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Timken India Ltd is an India-based company that manufactures, distributes, and services bearings and related components. The company also provides repair and maintenance services for industrial gearboxes. The company's products, which primarily comprise engineered bearings and mechanical power transmission products, are marketed under brand names including Timken, Philadelphia Gear, Carlisle, Drives, Lovejoy, R+L, and Interlube. The company's clients come from sectors including defense, mining, metals, and civil aerospace. Timken India generates the majority of its sales from the Indian domestic market.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:522113 has been successfully added to your 