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Dynamic Cables (BOM:540795) Days Inventory : 59.60 (As of Mar. 2024)


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What is Dynamic Cables Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dynamic Cables's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,266 Mil. Dynamic Cables's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,938 Mil. Hence, Dynamic Cables's Days Inventory for the three months ended in Mar. 2024 was 59.60.

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

BOM:540795' s Days Inventory Range Over the Past 10 Years
Min: 36.59   Med: 59.14   Max: 87.43
Current: 81.23

During the past 12 years, Dynamic Cables's highest Days Inventory was 87.43. The lowest was 36.59. And the median was 59.14.

BOM:540795's Days Inventory is ranked better than
72.84% of 2898 companies
in the Industrial Products industry
Industry Median: 121.57 vs BOM:540795: 81.23

Dynamic Cables's Days Inventory declined from Dec. 2022 (69.83) to Mar. 2024 (59.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dynamic Cables's Inventory Turnover for the three months ended in Mar. 2024 was 1.53.

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. Dynamic Cables's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.53.


Dynamic Cables Days Inventory Historical Data

The historical data trend for Dynamic Cables'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.

Dynamic Cables Days Inventory Chart

Dynamic Cables 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 54.76 87.43 69.83 60.19 62.98

Dynamic Cables Quarterly Data
Sep18 Mar19 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 69.83 55.22 69.61 60.35 59.60

Competitive Comparison of Dynamic Cables's Days Inventory

For the Electrical Equipment & Parts subindustry, Dynamic Cables'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.


Dynamic Cables's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dynamic Cables's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dynamic Cables's Days Inventory falls into.



Dynamic Cables Days Inventory Calculation

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

Dynamic Cables'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
=( (886.037 + 1266.08) / 2 ) / 6236.004*365
=1076.0585 / 6236.004*365
=62.98

Dynamic Cables'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 + 1266.08) / 1 ) / 1938.389*365 / 4
=1266.08 / 1938.389*365 / 4
=59.60

* 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.


Dynamic Cables  (BOM:540795) 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.

Dynamic Cables'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.

Dynamic Cables'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.


Dynamic Cables Days Inventory Related Terms

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


Dynamic Cables (BOM:540795) Business Description

Traded in Other Exchanges
Address
Road Number 13, Unit - 1, F-260, V.K.I Area, Jaipur, RJ, IND, 302013
Dynamic Cables Ltd is engaged in manufacturing of Cables and Conductors which include manufacturing of Low Voltage and High Voltage Power Cables, Aerial Bunched Cables, All Aluminium Conductor All Aluminium Alloy Conductor, Aluminium conductor steel reinforced, Conductors and Service Drop Cables used for transmission and distribution of Electricity. It generates its revenue from manufacturing and sale of cables and conductors.

Dynamic Cables (BOM:540795) Headlines

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