RCI Industries & Technologies (BOM:537254) Days Inventory : 44.53 (As of Sep. 2022)

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What is RCI Industries & Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RCI Industries & Technologies's Average Total Inventories for the three months ended in Sep. 2022 was ₹34.7 Mil. RCI Industries & Technologies's Cost of Goods Sold for the three months ended in Sep. 2022 was ₹71.1 Mil. Hence, RCI Industries & Technologies's Days Inventory for the three months ended in Sep. 2022 was 44.53.

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

BOM:537254's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 88.535
* Ranked among companies with meaningful Days Inventory only.

RCI Industries & Technologies's Days Inventory declined from Sep. 2021 (80.36) to Sep. 2022 (44.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. RCI Industries & Technologies's Inventory Turnover for the three months ended in Sep. 2022 was 2.05.

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. RCI Industries & Technologies's Inventory-to-Revenue for the three months ended in Sep. 2022 was 0.33.

RCI Industries & Technologies Days Inventory Historical Data

The historical data trend for RCI Industries & Technologies'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.

RCI Industries & Technologies Days Inventory Chart

RCI Industries & Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Inventory

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16.11

21.17

60.32

190.67

102.05

RCI Industries & Technologies Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Days Inventory	Get a 7-Day Free Trial															80.36	121.68	53.07	145.62	44.53

Competitive Comparison of RCI Industries & Technologies's Days Inventory

For the Copper subindustry, RCI Industries & Technologies'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.

RCI Industries & Technologies's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where RCI Industries & Technologies's Days Inventory falls into.

RCI Industries & Technologies Days Inventory Calculation

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

RCI Industries & Technologies's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

	Days Inventory (A: Mar. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (320.255	+	79.318)	/	2 )	/	714.582	*	365
=	199.7865					/	714.582	*	365
=	102.05

RCI Industries & Technologies's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

	Days Inventory (Q: Sep. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (0	+	34.718)	/	1 )	/	71.145	*	365 / 4
=	34.718					/	71.145	*	365 / 4
=	44.53

RCI Industries & Technologies (BOM:537254) 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.

RCI Industries & Technologies's Inventory Turnover for the three months ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	71.145	/	34.718
	=	2.05

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.

RCI Industries & Technologies's Inventory to Revenue for the three months ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	34.718	/	104.279
	=	0.33

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.

RCI Industries & Technologies Days Inventory Related Terms

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

RCI Industries & Technologies (BOM:537254) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » RCI Industries & Technologies Ltd (BOM:537254) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4th Florr Pearl Omaxe Tower,, Unit Number 421,, Pitampura, New Delhi, Delhi, IND, 110052

Website

https://www.rciind.com

RCI Industries & Technologies Ltd is engaged in the manufacturing of copper products in India. The company's product categories include Brass, Bronze, Copper, Nickel, Solder, Stainless steel, and Aluminium. Its products are applicable in sectors like automobile, engineering, defence, construction, electronics, among others. It involves into B2C segment for the production of copper cables, LED Lights, and Home Appliances under the brand name RIKAYAA. Geographically, it derives substantial revenue from India and has operations in the Middle East and African countries.

RCI Industries & Technologies (BOM:537254) Headlines

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