Gujarat Natural Resources (BOM:513536) Days Inventory : 141.19 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Gujarat Natural Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gujarat Natural Resources's Average Total Inventories for the three months ended in Mar. 2024 was ₹37.2 Mil. Gujarat Natural Resources's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹24.0 Mil. Hence, Gujarat Natural Resources's Days Inventory for the three months ended in Mar. 2024 was 141.19.

The historical rank and industry rank for Gujarat Natural Resources's Days Inventory or its related term are showing as below:

BOM:513536' s Days Inventory Range Over the Past 10 Years
Min: 151.76 Med: 363.34 Max: 116435
Current: 373.77

During the past 13 years, Gujarat Natural Resources's highest Days Inventory was 116435.00. The lowest was 151.76. And the median was 363.34.

BOM:513536's Days Inventory is ranked worse than
96.42% of 726 companies
in the Oil & Gas industry
Industry Median: 32.45 vs BOM:513536: 373.77

Gujarat Natural Resources's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (141.19). It might indicate that Gujarat Natural Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gujarat Natural Resources's Inventory Turnover for the three months ended in Mar. 2024 was 0.65.

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. Gujarat Natural Resources's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.47.

Gujarat Natural Resources Days Inventory Historical Data

The historical data trend for Gujarat Natural Resources'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.

Gujarat Natural Resources Days Inventory Chart

Gujarat Natural Resources Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Get a 7-Day Free Trial

151.76

199.55

336.28

424.15

185.02

Gujarat Natural Resources 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															-	234.21	137.12	281.46	141.19

Competitive Comparison of Gujarat Natural Resources's Days Inventory

For the Oil & Gas E&P subindustry, Gujarat Natural Resources'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.

Gujarat Natural Resources's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gujarat Natural Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gujarat Natural Resources's Days Inventory falls into.

Gujarat Natural Resources Days Inventory Calculation

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

Gujarat Natural Resources'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
=	( (39.194	+	37.172)	/	2 )	/	75.324	*	365
=	38.183					/	75.324	*	365
=	185.02

Gujarat Natural Resources'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	+	37.172)	/	1 )	/	24.024	*	365 / 4
=	37.172					/	24.024	*	365 / 4
=	141.19

Gujarat Natural Resources (BOM:513536) 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.

Gujarat Natural Resources's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	24.024	/	37.172
	=	0.65

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.

Gujarat Natural Resources's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	37.172	/	78.352
	=	0.47

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.

Gujarat Natural Resources Days Inventory Related Terms

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

Gujarat Natural Resources (BOM:513536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gujarat Natural Resources Ltd (BOM:513536) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Near Nehru Nagar, Satellite Road, 3rd Floor, A Wing, Gopal Palace, Opposite Ocean Park, Ahmedabad, GJ, IND, 380015

Website

https://www.gnrl.in

Gujarat Natural Resources Ltd is an Indian company engaged in the business of oil and gas exploration and trading of goods and others. Ongoing projects of the company are Kanawara Field, Allora Field, Dholasan Field, North Kathana Field, Unawa Field, and North Balol. The Company earns key revenue from the sale of oil and natural gas exploration.

Gujarat Natural Resources (BOM:513536) Headlines

No Headlines