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Radhe Developers (India) (BOM:531273) Days Inventory : 1,322.73 (As of Mar. 2024)


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What is Radhe Developers (India) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Radhe Developers (India)'s Average Total Inventories for the three months ended in Mar. 2024 was ₹495.65 Mil. Radhe Developers (India)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ₹34.19 Mil. Hence, Radhe Developers (India)'s Days Inventory for the three months ended in Mar. 2024 was 1,322.73.

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

BOM:531273' s Days Inventory Range Over the Past 10 Years
Min: 802   Med: 1950.41   Max: 68429.81
Current: 3621.3

During the past 13 years, Radhe Developers (India)'s highest Days Inventory was 68429.81. The lowest was 802.00. And the median was 1950.41.

BOM:531273's Days Inventory is ranked worse than
88.25% of 1319 companies
in the Real Estate industry
Industry Median: 697.68 vs BOM:531273: 3621.30

Radhe Developers (India)'s Days Inventory declined from Mar. 2023 (1,444.31) to Mar. 2024 (1,322.73).

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. Radhe Developers (India)'s Inventory Turnover for the three months ended in Mar. 2024 was 0.07.

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. Radhe Developers (India)'s Inventory-to-Revenue for the three months ended in Mar. 2024 was 11.54.


Radhe Developers (India) Days Inventory Historical Data

The historical data trend for Radhe Developers (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.

Radhe Developers (India) Days Inventory Chart

Radhe Developers (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 2,495.51 6,662.18 1,850.05 1,892.77 3,617.65

Radhe Developers (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 1,444.31 9,305.57 30,177.13 6,185.43 1,322.73

Competitive Comparison of Radhe Developers (India)'s Days Inventory

For the Real Estate - Development subindustry, Radhe Developers (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.


Radhe Developers (India)'s Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Radhe Developers (India)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Radhe Developers (India)'s Days Inventory falls into.



Radhe Developers (India) Days Inventory Calculation

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

Radhe Developers (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
=( (428.923 + 495.65) / 2 ) / 46.642*365
=462.2865 / 46.642*365
=3,617.65

Radhe Developers (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 + 495.65) / 1 ) / 34.193*365 / 4
=495.65 / 34.193*365 / 4
=1,322.73

* 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.


Radhe Developers (India)  (BOM:531273) 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.

Radhe Developers (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.

Radhe Developers (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.


Radhe Developers (India) Days Inventory Related Terms

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


Radhe Developers (India) (BOM:531273) Business Description

Traded in Other Exchanges
N/A
Address
Radhe Acres, Block No. 220, 226 & 227, B/h. Applewoods Township, Ahmedabad, GJ, IND, 380 058
Radhe Developers (India) Ltd. is a real estate company. It engages in activities related to real estate development. The company offers residential, commercial, plotting, and social infrastructure projects. Geographically, it operates and derives revenue from India. Its ongoing project includes Emerald Park, Radhe Serene, and Radiance Residency.

Radhe Developers (India) (BOM:531273) Headlines

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