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Ghandhara Industries (KAR:GHNI) Days Inventory : 135.83 (As of Mar. 2024)


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What is Ghandhara Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ghandhara Industries's Average Total Inventories for the three months ended in Mar. 2024 was ₨5,799 Mil. Ghandhara Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨3,896 Mil. Hence, Ghandhara Industries's Days Inventory for the three months ended in Mar. 2024 was 135.83.

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

KAR:GHNI' s Days Inventory Range Over the Past 10 Years
Min: 95.55   Med: 166.2   Max: 295.03
Current: 219.14

During the past 13 years, Ghandhara Industries's highest Days Inventory was 295.03. The lowest was 95.55. And the median was 166.20.

KAR:GHNI's Days Inventory is ranked worse than
92.26% of 1253 companies
in the Vehicles & Parts industry
Industry Median: 80.85 vs KAR:GHNI: 219.14

Ghandhara Industries's Days Inventory declined from Mar. 2023 (145.36) to Mar. 2024 (135.83).

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. Ghandhara Industries's Inventory Turnover for the three months ended in Mar. 2024 was 0.67.

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. Ghandhara Industries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.21.


Ghandhara Industries Days Inventory Historical Data

The historical data trend for Ghandhara Industries'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.

Ghandhara Industries Days Inventory Chart

Ghandhara Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 256.01 295.03 197.99 117.88 189.71

Ghandhara Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 145.36 395.39 238.63 237.01 135.83

Competitive Comparison of Ghandhara Industries's Days Inventory

For the Auto Manufacturers subindustry, Ghandhara Industries'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.


Ghandhara Industries's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Ghandhara Industries's Days Inventory falls into.



Ghandhara Industries Days Inventory Calculation

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

Ghandhara Industries's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (7310.691 + 5414.682) / 2 ) / 12241.703*365
=6362.6865 / 12241.703*365
=189.71

Ghandhara Industries'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
=( (5549.391 + 6048.783) / 2 ) / 3895.868*365 / 4
=5799.087 / 3895.868*365 / 4
=135.83

* 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.


Ghandhara Industries  (KAR:GHNI) 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.

Ghandhara Industries'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.

Ghandhara Industries'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.


Ghandhara Industries Days Inventory Related Terms

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


Ghandhara Industries (KAR:GHNI) Business Description

Traded in Other Exchanges
N/A
Address
F-3, Hub Chowki Road, S.I.T.E, P.O. Box No. 2706, Karachi, SD, PAK, 75730
Ghandhara Industries Ltd is a Pakistan based company. It is engaged in the manufacturing, assembly and marketing of Isuzu DMAX Pickups, ISUZU Trucks, Bus Chassis and fabrication of Bus and Load bodies. Its products include Rigid Truck & Prime Mover, Hi- spark single cab, Microbus, Pickup, cross crew cab, lander single cab, Light Commercial Vehicles and others.

Ghandhara Industries (KAR:GHNI) Headlines

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