GMR Airports Infrastructure (BOM:532754) Days Inventory : 9.05 (As of Dec. 2023)

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What is GMR Airports Infrastructure Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GMR Airports Infrastructure's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,383 Mil. GMR Airports Infrastructure's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹13,938 Mil. Hence, GMR Airports Infrastructure's Days Inventory for the three months ended in Dec. 2023 was 9.05.

The historical rank and industry rank for GMR Airports Infrastructure's Days Inventory or its related term are showing as below:

BOM:532754' s Days Inventory Range Over the Past 10 Years
Min: 6.27 Med: 10.7 Max: 27.73
Current: 10.03

During the past 13 years, GMR Airports Infrastructure's highest Days Inventory was 27.73. The lowest was 6.27. And the median was 10.70.

BOM:532754's Days Inventory is ranked better than
54.74% of 780 companies
in the Transportation industry
Industry Median: 11.4 vs BOM:532754: 10.03

GMR Airports Infrastructure's Days Inventory declined from Dec. 2022 (11.82) to Dec. 2023 (9.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. GMR Airports Infrastructure's Inventory Turnover for the three months ended in Dec. 2023 was 10.08.

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. GMR Airports Infrastructure's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.06.

GMR Airports Infrastructure Days Inventory Historical Data

The historical data trend for GMR Airports Infrastructure'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.

GMR Airports Infrastructure Days Inventory Chart

GMR Airports Infrastructure Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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6.94

9.07

27.73

22.83

9.90

GMR Airports Infrastructure 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															11.82	10.36	10.81	9.75	9.05

Competitive Comparison of GMR Airports Infrastructure's Days Inventory

For the Airports & Air Services subindustry, GMR Airports Infrastructure'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.

GMR Airports Infrastructure's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, GMR Airports Infrastructure's Days Inventory distribution charts can be found below:

* The bar in red indicates where GMR Airports Infrastructure's Days Inventory falls into.

GMR Airports Infrastructure Days Inventory Calculation

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

GMR Airports Infrastructure'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
=	( (923.9	+	1347.3)	/	2 )	/	41860	*	365
=	1135.6					/	41860	*	365
=	9.90

GMR Airports Infrastructure'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
=	( (1383.1	+	0)	/	1 )	/	13938.2	*	365 / 4
=	1383.1					/	13938.2	*	365 / 4
=	9.05

GMR Airports Infrastructure (BOM:532754) 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.

GMR Airports Infrastructure's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13938.2	/	1383.1
	=	10.08

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.

GMR Airports Infrastructure's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1383.1	/	22266.5
	=	0.06

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.

GMR Airports Infrastructure Days Inventory Related Terms

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GMR Airports Infrastructure (BOM:532754) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » GMR Airports Infrastructure Ltd (BOM:532754) » Definitions » Days Inventory

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GMRINFRA:India

Address

New Udaan Bhawan, Opposite Terminal 3, Indira Gandhi International Airport, New Delhi, IND, 110 037

Website

https://www.gmrgroup.in

GMR Airports Infrastructure Ltd is an infrastructure company domiciled in India. The company organises itself into Airports segment, which includes development and operation of airports. The company also as presence in Energy, Transportation & Urban Infra Businesses.

GMR Airports Infrastructure (BOM:532754) Headlines

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