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ITD Cementation India (BOM:509496) Days Inventory : 44.15 (As of Dec. 2023)


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What is ITD Cementation India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ITD Cementation India's Average Total Inventories for the three months ended in Dec. 2023 was ₹6,381 Mil. ITD Cementation India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹13,190 Mil. Hence, ITD Cementation India's Days Inventory for the three months ended in Dec. 2023 was 44.15.

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

BOM:509496' s Days Inventory Range Over the Past 10 Years
Min: 23.68   Med: 61.57   Max: 417.71
Current: 43.99

During the past 13 years, ITD Cementation India's highest Days Inventory was 417.71. The lowest was 23.68. And the median was 61.57.

BOM:509496's Days Inventory is ranked better than
51.97% of 1395 companies
in the Construction industry
Industry Median: 48.75 vs BOM:509496: 43.99

ITD Cementation India's Days Inventory declined from Dec. 2022 (50.51) to Dec. 2023 (44.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. ITD Cementation India's Inventory Turnover for the three months ended in Dec. 2023 was 2.07.

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


ITD Cementation India Days Inventory Historical Data

The historical data trend for ITD Cementation 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.

ITD Cementation India Days Inventory Chart

ITD Cementation India Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.89 45.78 68.35 54.78 53.97

ITD Cementation India Quarterly Data
Sep18 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 50.51 45.74 43.61 59.33 44.15

Competitive Comparison of ITD Cementation India's Days Inventory

For the Engineering & Construction subindustry, ITD Cementation 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.


ITD Cementation India's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, ITD Cementation India's Days Inventory distribution charts can be found below:

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



ITD Cementation India Days Inventory Calculation

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

ITD Cementation 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
=( (4002.284 + 5770.013) / 2 ) / 33044.617*365
=4886.1485 / 33044.617*365
=53.97

ITD Cementation 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
=( (6381.332 + 0) / 1 ) / 13190.153*365 / 4
=6381.332 / 13190.153*365 / 4
=44.15

* 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.


ITD Cementation India  (BOM:509496) 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.

ITD Cementation 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.

ITD Cementation 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.


ITD Cementation India Days Inventory Related Terms

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


ITD Cementation India (BOM:509496) Business Description

Traded in Other Exchanges
Address
Gate No. 5, Saki Vihar Road, 9th Floor, Prima Bay, Tower - B, Powai, Mumbai, MH, IND, 400072
ITD Cementation India Ltd is an India-based company involved in construction and civil engineering. It is engaged in the construction of a range of structures, which include maritime structures, mass rapid transport systems (MRTS), dams and tunnels, airports, highways, bridges and flyovers, and other foundations and specialist engineering work. The company's revenue comes from construction and civil engineering activities. The company's operational areas include maritime structures, such as the construction of jetties, dolphins, quays, berths on concrete and steel piles, ship lift, dry dock, wet basic and service platforms, dredging, and reclamation works for ports, and construction of ship lift and among others.

ITD Cementation India (BOM:509496) Headlines

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