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Hind Aluminium Industries (BOM:531979) Days Inventory : 0.00 (As of Dec. 2023)


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What is Hind Aluminium Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hind Aluminium Industries's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.00 Mil. Hind Aluminium Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.00 Mil.

The historical rank and industry rank for Hind Aluminium Industries's Days Inventory or its related term are showing as below:

BOM:531979' s Days Inventory Range Over the Past 10 Years
Min: 16.29   Med: 35.23   Max: 301.2
Current: 183.56

During the past 13 years, Hind Aluminium Industries's highest Days Inventory was 301.20. The lowest was 16.29. And the median was 35.23.

BOM:531979's Days Inventory is ranked worse than
81.82% of 660 companies
in the Metals & Mining industry
Industry Median: 88.655 vs BOM:531979: 183.56

Hind Aluminium Industries's Days Inventory declined from Dec. 2022 (6,570.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Hind Aluminium Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Hind Aluminium Industries Days Inventory Historical Data

The historical data trend for Hind Aluminium 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.

* Premium members only.

Hind Aluminium Industries Days Inventory Chart

Hind Aluminium Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.04 44.61 94.84 183.81 301.20

Hind Aluminium Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6,570.00 40.71 3,490.92 - -

Competitive Comparison of Hind Aluminium Industries's Days Inventory

For the Aluminum subindustry, Hind Aluminium 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.


Hind Aluminium Industries's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hind Aluminium Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hind Aluminium Industries's Days Inventory falls into.



Hind Aluminium Industries Days Inventory Calculation

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

Hind Aluminium Industries's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (44.846 + 11.477) / 2 ) / 34.127*365
=28.1615 / 34.127*365
=301.20

Hind Aluminium Industries's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


Hind Aluminium Industries  (BOM:531979) 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.

Hind Aluminium Industries's Inventory Turnover for the three months ended in Dec. 2023 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.

Hind Aluminium Industries's Inventory to Revenue for the three months ended in Dec. 2023 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.


Hind Aluminium Industries Days Inventory Related Terms

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


Hind Aluminium Industries (BOM:531979) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Annie Besant Road, B-1, Tulsi Vihar, Worli Naka, Mumbai, IND, 400 018
Hind Aluminium Industries Ltd is the manufacturer of aluminium electrical conductor wire rods and aluminium conductors. Principally, it is engaged in product up-gradation, design, and new product development. The company's segment includes Aluminium product, and Power. It also comprises of two businesses namely aluminium and wind and solar power generation. The company manufactures aluminum wire rods, alloy rods, all aluminum conductors, all aluminum alloy conductors, aluminum conductor alloy reinforced, aluminum conductor steel reinforced, aluminum alloy conductor steel reinforced. It has over two wind turbine generators and four solar power plants in India.

Hind Aluminium Industries (BOM:531979) Headlines

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