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HeidelbergCement India (BOM:500292) Days Inventory : 126.01 (As of Dec. 2023)


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What is HeidelbergCement India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). HeidelbergCement India's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,957 Mil. HeidelbergCement India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,417 Mil. Hence, HeidelbergCement India's Days Inventory for the three months ended in Dec. 2023 was 126.01.

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

BOM:500292' s Days Inventory Range Over the Past 10 Years
Min: 111.34   Med: 139.79   Max: 212.36
Current: 151.97

During the past 13 years, HeidelbergCement India's highest Days Inventory was 212.36. The lowest was 111.34. And the median was 139.79.

BOM:500292's Days Inventory is ranked worse than
75% of 368 companies
in the Building Materials industry
Industry Median: 83.675 vs BOM:500292: 151.97

HeidelbergCement India's Days Inventory declined from Dec. 2022 (153.00) to Dec. 2023 (126.01).

Inventory Turnover measures how fast the company turns over its inventory within a year. HeidelbergCement India's Inventory Turnover for the three months ended in Dec. 2023 was 0.72.

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. HeidelbergCement India's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.32.


HeidelbergCement India Days Inventory Historical Data

The historical data trend for HeidelbergCement 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.

HeidelbergCement India Days Inventory Chart

HeidelbergCement India Annual Data
Trend Dec14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.69 123.09 123.98 142.10 158.51

HeidelbergCement India 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 153.00 159.37 143.61 165.55 126.01

Competitive Comparison of HeidelbergCement India's Days Inventory

For the Building Materials subindustry, HeidelbergCement 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.


HeidelbergCement India's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, HeidelbergCement India's Days Inventory distribution charts can be found below:

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



HeidelbergCement India Days Inventory Calculation

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

HeidelbergCement India'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
=( (1730.5 + 1752.3) / 2 ) / 4010*365
=1741.4 / 4010*365
=158.51

HeidelbergCement India'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
=( (1956.7 + 0) / 1 ) / 1416.9*365 / 4
=1956.7 / 1416.9*365 / 4
=126.01

* 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.


HeidelbergCement India  (BOM:500292) 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.

HeidelbergCement India'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.

HeidelbergCement India's Inventory to Revenue for the three months ended in Dec. 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.


HeidelbergCement India Days Inventory Related Terms

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


HeidelbergCement India (BOM:500292) Business Description

Traded in Other Exchanges
Address
Plot Number 68, Sector-44, 2nd Floor, Gurugram, HR, IND, 122002
HeidelbergCement India Ltd operates in the fields of cement, concrete and other downstream activities. The company is engaged in the manufacturing of cement. Its manufacturing facilities are situated in Ammasandra (Karnataka), Damoh (Madhya Pradesh) and Jhansi (Uttar Pradesh). The company's principal products are Portland Pozzolana Cement and Portland Slag cement. Maximum revenue is derived from the sale of cement.

HeidelbergCement India (BOM:500292) Headlines

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