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Maruti Suzuki India (NSE:MARUTI) Days Inventory : 17.97 (As of Mar. 2024)


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What is Maruti Suzuki India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maruti Suzuki India's Average Total Inventories for the three months ended in Mar. 2024 was ₹53,181 Mil. Maruti Suzuki India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹269,977 Mil. Hence, Maruti Suzuki India's Days Inventory for the three months ended in Mar. 2024 was 17.97.

The historical rank and industry rank for Maruti Suzuki India's Days Inventory or its related term are showing as below:

NSE:MARUTI' s Days Inventory Range Over the Past 10 Years
Min: 16.72   Med: 20.04   Max: 24.6
Current: 17.5

During the past 13 years, Maruti Suzuki India's highest Days Inventory was 24.60. The lowest was 16.72. And the median was 20.04.

NSE:MARUTI's Days Inventory is ranked better than
97.05% of 1254 companies
in the Vehicles & Parts industry
Industry Median: 80.76 vs NSE:MARUTI: 17.50

Maruti Suzuki India's Days Inventory increased from Mar. 2023 (16.87) to Mar. 2024 (17.97). It might indicate that Maruti Suzuki India's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maruti Suzuki India's Inventory Turnover for the three months ended in Mar. 2024 was 5.08.

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. Maruti Suzuki India's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.14.


Maruti Suzuki India Days Inventory Historical Data

The historical data trend for Maruti Suzuki India'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.

Maruti Suzuki India Days Inventory Chart

Maruti Suzuki India 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 20.57 21.00 17.30 16.72 17.61

Maruti Suzuki India 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 16.87 16.64 16.65 18.67 17.97

Competitive Comparison of Maruti Suzuki India's Days Inventory

For the Auto Manufacturers subindustry, Maruti Suzuki India'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.


Maruti Suzuki India's Days Inventory Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Maruti Suzuki India's Days Inventory falls into.



Maruti Suzuki India Days Inventory Calculation

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

Maruti Suzuki India'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
=( (42835 + 53181) / 2 ) / 994802*365
=48008 / 994802*365
=17.61

Maruti Suzuki India'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 + 53181) / 1 ) / 269977*365 / 4
=53181 / 269977*365 / 4
=17.97

* 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.


Maruti Suzuki India  (NSE:MARUTI) 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.

Maruti Suzuki India'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.

Maruti Suzuki India'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.


Maruti Suzuki India Days Inventory Related Terms

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


Maruti Suzuki India (NSE:MARUTI) Business Description

Traded in Other Exchanges
Address
Plot No. 1, Nelson Mandela Road, Vasant Kunj, New Delhi, IND, 110 070
Maruti Suzuki India Ltd, a subsidiary of Suzuki Motor Corp., is the leading passenger-vehicle manufacturer by sales and production. It manufactures, buys, and sells vehicles and spare parts. The company also facilitates used-car sales, fleet management, and financing. The company offers a range of cars across different segments with 15 brands and over 150 variants including Alto, the world's best-selling small car.

Maruti Suzuki India (NSE:MARUTI) Headlines

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