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Balmer Lawrie (BOM:523319) Days Inventory : 47.12 (As of Mar. 2024)


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What is Balmer Lawrie Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Balmer Lawrie's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,932 Mil. Balmer Lawrie's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹3,742 Mil. Hence, Balmer Lawrie's Days Inventory for the three months ended in Mar. 2024 was 47.12.

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

BOM:523319' s Days Inventory Range Over the Past 10 Years
Min: 31.86   Med: 45.1   Max: 55.48
Current: 44.49

During the past 13 years, Balmer Lawrie's highest Days Inventory was 55.48. The lowest was 31.86. And the median was 45.10.

BOM:523319's Days Inventory is ranked better than
68.37% of 449 companies
in the Conglomerates industry
Industry Median: 73.45 vs BOM:523319: 44.49

Balmer Lawrie's Days Inventory increased from Mar. 2023 (44.41) to Mar. 2024 (47.12). It might indicate that Balmer Lawrie's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Balmer Lawrie's Inventory Turnover for the three months ended in Mar. 2024 was 1.94.

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. Balmer Lawrie's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.34.


Balmer Lawrie Days Inventory Historical Data

The historical data trend for Balmer Lawrie'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.

Balmer Lawrie Days Inventory Chart

Balmer Lawrie 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 55.48 55.13 45.08 45.63 47.08

Balmer Lawrie 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 44.41 46.75 41.26 41.47 47.12

Competitive Comparison of Balmer Lawrie's Days Inventory

For the Conglomerates subindustry, Balmer Lawrie'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.


Balmer Lawrie's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Balmer Lawrie's Days Inventory distribution charts can be found below:

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



Balmer Lawrie Days Inventory Calculation

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

Balmer Lawrie'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
=( (2049.761 + 1932.162) / 2 ) / 15435.38*365
=1990.9615 / 15435.38*365
=47.08

Balmer Lawrie'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 + 1932.162) / 1 ) / 3741.541*365 / 4
=1932.162 / 3741.541*365 / 4
=47.12

* 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.


Balmer Lawrie  (BOM:523319) 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.

Balmer Lawrie'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.

Balmer Lawrie'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.


Balmer Lawrie Days Inventory Related Terms

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


Balmer Lawrie (BOM:523319) Business Description

Traded in Other Exchanges
Address
Netaji Subhas Road, No. 21, Kolkata, WB, IND, 700 001
Balmer Lawrie & Co Ltd operates through various segments namely Industrial Packaging, Logistics Infrastructure, Logistic Services, Travel and Vacations, Greases and Lubricants, and Others. The company generates a majority of its revenue from the Industrial Packaging segment followed by Logistic Services.

Balmer Lawrie (BOM:523319) Headlines

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