GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » JBM Auto Ltd (BOM:532605) » Definitions » Days Inventory

JBM Auto (BOM:532605) Days Inventory : 63.20 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is JBM Auto Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). JBM Auto's Average Total Inventories for the three months ended in Mar. 2024 was ₹7,437 Mil. JBM Auto's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹10,737 Mil. Hence, JBM Auto's Days Inventory for the three months ended in Mar. 2024 was 63.20.

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

BOM:532605' s Days Inventory Range Over the Past 10 Years
Min: 54.08   Med: 65.23   Max: 82.61
Current: 69.98

During the past 13 years, JBM Auto's highest Days Inventory was 82.61. The lowest was 54.08. And the median was 65.23.

BOM:532605's Days Inventory is ranked better than
58.66% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.125 vs BOM:532605: 69.98

JBM Auto's Days Inventory declined from Dec. 2022 (64.11) to Mar. 2024 (63.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. JBM Auto's Inventory Turnover for the three months ended in Mar. 2024 was 1.44.

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. JBM Auto's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.50.


JBM Auto Days Inventory Historical Data

The historical data trend for JBM Auto'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.

JBM Auto Days Inventory Chart

JBM Auto 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 75.65 82.61 59.58 56.27 60.00

JBM Auto Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 64.11 54.86 49.60 47.02 63.20

Competitive Comparison of JBM Auto's Days Inventory

For the Auto Parts subindustry, JBM Auto'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.


JBM Auto's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JBM Auto's Days Inventory distribution charts can be found below:

* The bar in red indicates where JBM Auto's Days Inventory falls into.



JBM Auto Days Inventory Calculation

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

JBM Auto'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
=( (4238.963 + 7436.7) / 2 ) / 35515.3*365
=5837.8315 / 35515.3*365
=60.00

JBM Auto'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 + 7436.7) / 1 ) / 10736.5*365 / 4
=7436.7 / 10736.5*365 / 4
=63.20

* 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.


JBM Auto  (BOM:532605) 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.

JBM Auto'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.

JBM Auto'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.


JBM Auto Days Inventory Related Terms

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


JBM Auto (BOM:532605) Business Description

Traded in Other Exchanges
Address
Plot No. 9, Institutional Area, Sector 44, Gurgaon, HR, IND, 122003
JBM Auto Ltd is an auto parts manufacturing company. It manufactures auto components, toolings, and buses in the country. The group's products include Air tank BIW parts and assemblies, Chassis and suspension parts, Cross-car beam, Cross truck beam, Cross members, Fabrications, Shields, Blanks, Tools, Jigs, Fixtures, and others. The business segments of the company are Component division; Tool Room Division; OEM Division and others. It generates maximum revenue from the Component Division segment which is engaged in the business of manufacturing automobile parts for commercial and passenger vehicles.

JBM Auto (BOM:532605) Headlines

No Headlines