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Espire Hospitality (BOM:532016) Days Inventory : 2.50 (As of Mar. 2024)


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What is Espire Hospitality Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Espire Hospitality's Average Total Inventories for the three months ended in Mar. 2024 was ₹0.4 Mil. Espire Hospitality's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹13.2 Mil. Hence, Espire Hospitality's Days Inventory for the three months ended in Mar. 2024 was 2.50.

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

BOM:532016' s Days Inventory Range Over the Past 10 Years
Min: 5.44   Med: 28.96   Max: 297.9
Current: 13.57

During the past 13 years, Espire Hospitality's highest Days Inventory was 297.90. The lowest was 5.44. And the median was 28.96.

BOM:532016's Days Inventory is ranked better than
90.45% of 1320 companies
in the Real Estate industry
Industry Median: 698.185 vs BOM:532016: 13.57

Espire Hospitality's Days Inventory declined from Mar. 2023 (6.77) to Mar. 2024 (2.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Espire Hospitality's Inventory Turnover for the three months ended in Mar. 2024 was 36.46.

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. Espire Hospitality's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Espire Hospitality Days Inventory Historical Data

The historical data trend for Espire Hospitality'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.

Espire Hospitality Days Inventory Chart

Espire Hospitality 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 - - 297.90 28.96 5.44

Espire Hospitality 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 6.77 6.46 32.99 51.95 2.50

Competitive Comparison of Espire Hospitality's Days Inventory

For the Real Estate Services subindustry, Espire Hospitality'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.


Espire Hospitality's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Espire Hospitality's Days Inventory distribution charts can be found below:

* The bar in red indicates where Espire Hospitality's Days Inventory falls into.



Espire Hospitality Days Inventory Calculation

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

Espire Hospitality'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
=( (0.793 + 0.363) / 2 ) / 38.759*365
=0.578 / 38.759*365
=5.44

Espire Hospitality'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 + 0.363) / 1 ) / 13.236*365 / 4
=0.363 / 13.236*365 / 4
=2.50

* 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.


Espire Hospitality  (BOM:532016) 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.

Espire Hospitality'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.

Espire Hospitality'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.


Espire Hospitality Days Inventory Related Terms

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


Espire Hospitality (BOM:532016) Business Description

Traded in Other Exchanges
N/A
Address
Mathura Road, A 41, Mohan Co-Operative Industrial Estate, New Delhi, IND, 110044
Espire Hospitality Ltd, formerly Wellesley Corporation Ltd is a company that engages in the Hotel Sector and real estate development activities. It develops commercial and residential properties and provides property maintenance services. Running a hotel at Jim Corbett, Ramnagar under the name and Style Country Inn- Tarika.

Espire Hospitality (BOM:532016) Headlines

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