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Diesel & Motor Engineering (COL:DIMO.N0000) Days Inventory : 77.88 (As of Dec. 2023)


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What is Diesel & Motor Engineering Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Diesel & Motor Engineering's Average Total Inventories for the three months ended in Dec. 2023 was රු10,332 Mil. Diesel & Motor Engineering's Cost of Goods Sold for the three months ended in Dec. 2023 was රු12,106 Mil. Hence, Diesel & Motor Engineering's Days Inventory for the three months ended in Dec. 2023 was 77.88.

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

COL:DIMO.N0000' s Days Inventory Range Over the Past 10 Years
Min: 72.99   Med: 103.05   Max: 165.95
Current: 119.43

During the past 13 years, Diesel & Motor Engineering's highest Days Inventory was 165.95. The lowest was 72.99. And the median was 103.05.

COL:DIMO.N0000's Days Inventory is ranked worse than
73.6% of 1254 companies
in the Vehicles & Parts industry
Industry Median: 80.76 vs COL:DIMO.N0000: 119.43

Diesel & Motor Engineering's Days Inventory declined from Dec. 2022 (150.31) to Dec. 2023 (77.88).

Inventory Turnover measures how fast the company turns over its inventory within a year. Diesel & Motor Engineering's Inventory Turnover for the three months ended in Dec. 2023 was 1.17.

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. Diesel & Motor Engineering's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.65.


Diesel & Motor Engineering Days Inventory Historical Data

The historical data trend for Diesel & Motor Engineering'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.

Diesel & Motor Engineering Days Inventory Chart

Diesel & Motor Engineering 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 106.25 110.42 111.03 105.62 165.95

Diesel & Motor Engineering 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 150.31 168.31 142.75 127.93 77.88

Competitive Comparison of Diesel & Motor Engineering's Days Inventory

For the Auto & Truck Dealerships subindustry, Diesel & Motor Engineering'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.


Diesel & Motor Engineering's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Diesel & Motor Engineering's Days Inventory falls into.



Diesel & Motor Engineering Days Inventory Calculation

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

Diesel & Motor Engineering'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
=( (9799.949 + 9978.466) / 2 ) / 21750.718*365
=9889.2075 / 21750.718*365
=165.95

Diesel & Motor Engineering'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
=( (10988.781 + 9676.093) / 2 ) / 12105.7*365 / 4
=10332.437 / 12105.7*365 / 4
=77.88

* 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.


Diesel & Motor Engineering  (COL:DIMO.N0000) 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.

Diesel & Motor Engineering'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.

Diesel & Motor Engineering's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=10332.437 / 15915.632
=0.65

* 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.


Diesel & Motor Engineering Days Inventory Related Terms

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


Diesel & Motor Engineering (COL:DIMO.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 65, Jetawana Road, P.O. Box 339, Colombo, LKA, 14
Diesel & Motor Engineering PLC is involved in the auto and truck business sector. Its business operates in various segments that include Vehicles, After sale services, Retail, Construction and logistical solutions, Agriculture, and Engineering solutions. The Vehicle-sales segment which generates maximum revenue for the company, is engaged in the sale of brand new passenger vehicles, commercial vehicles, special purpose vehicles, and pre-owned passenger vehicles. It provides its services to various industries that include agriculture, building, construction, mining, and medical engineering.

Diesel & Motor Engineering (COL:DIMO.N0000) Headlines

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