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Laxmipati Engineering Works (BOM:537669) Days Inventory : 198.84 (As of Sep. 2023)


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What is Laxmipati Engineering Works Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Laxmipati Engineering Works's Average Total Inventories for the six months ended in Sep. 2023 was ₹74.5 Mil. Laxmipati Engineering Works's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹68.4 Mil. Hence, Laxmipati Engineering Works's Days Inventory for the six months ended in Sep. 2023 was 198.84.

The historical rank and industry rank for Laxmipati Engineering Works's Days Inventory or its related term are showing as below:

BOM:537669' s Days Inventory Range Over the Past 10 Years
Min: 21.96   Med: 100.78   Max: 735.66
Current: 275.66

During the past 10 years, Laxmipati Engineering Works's highest Days Inventory was 735.66. The lowest was 21.96. And the median was 100.78.

BOM:537669's Days Inventory is not ranked
in the Aerospace & Defense industry.
Industry Median: 142.68 vs BOM:537669: 275.66

Laxmipati Engineering Works's Days Inventory declined from Sep. 2022 (1,502.08) to Sep. 2023 (198.84).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Laxmipati Engineering Works's Inventory Turnover for the six months ended in Sep. 2023 was 0.92.

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. Laxmipati Engineering Works's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.43.


Laxmipati Engineering Works Days Inventory Historical Data

The historical data trend for Laxmipati Engineering Works'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.

Laxmipati Engineering Works Days Inventory Chart

Laxmipati Engineering Works 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 29.69 21.96 331.68 232.00 735.66

Laxmipati Engineering Works Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 179.38 223.62 1,502.08 563.35 198.84

Competitive Comparison of Laxmipati Engineering Works's Days Inventory

For the Aerospace & Defense subindustry, Laxmipati Engineering Works'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.


Laxmipati Engineering Works's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Laxmipati Engineering Works's Days Inventory distribution charts can be found below:

* The bar in red indicates where Laxmipati Engineering Works's Days Inventory falls into.



Laxmipati Engineering Works Days Inventory Calculation

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

Laxmipati Engineering Works'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
=( (29.264 + 78.916) / 2 ) / 26.837*365
=54.09 / 26.837*365
=735.66

Laxmipati Engineering Works's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (78.916 + 70.152) / 2 ) / 68.41*365 / 2
=74.534 / 68.41*365 / 2
=198.84

* 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.


Laxmipati Engineering Works  (BOM:537669) 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.

Laxmipati Engineering Works's Inventory Turnover for the six months ended in Sep. 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.

Laxmipati Engineering Works's Inventory to Revenue for the six months ended in Sep. 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.


Laxmipati Engineering Works Days Inventory Related Terms

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


Laxmipati Engineering Works (BOM:537669) Business Description

Traded in Other Exchanges
N/A
Address
Central Park Society, Office Block 1st Floor, Plot No. 237/2 and 3, Sub Plot No. A/25, GIDC, Pandesara, Surat, GJ, IND, 394221
Laxmipati Engineering Works Ltd is engaged in the Business of Ship Building, Ship Repair, Fabrication, Heavy Engineering, Engineering Infrastructure and services and Precision Machining.

Laxmipati Engineering Works (BOM:537669) Headlines

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