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Rudra Global Infra Products (BOM:539226) Days Inventory : 146.09 (As of Dec. 2023)


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What is Rudra Global Infra Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rudra Global Infra Products's Average Total Inventories for the three months ended in Dec. 2023 was ₹2,140 Mil. Rudra Global Infra Products's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,337 Mil. Hence, Rudra Global Infra Products's Days Inventory for the three months ended in Dec. 2023 was 146.09.

The historical rank and industry rank for Rudra Global Infra Products's Days Inventory or its related term are showing as below:

BOM:539226' s Days Inventory Range Over the Past 10 Years
Min: 58.71   Med: 86.51   Max: 247.45
Current: 146.9

During the past 9 years, Rudra Global Infra Products's highest Days Inventory was 247.45. The lowest was 58.71. And the median was 86.51.

BOM:539226's Days Inventory is ranked worse than
79.41% of 573 companies
in the Steel industry
Industry Median: 86.42 vs BOM:539226: 146.90

Rudra Global Infra Products's Days Inventory declined from Dec. 2022 (179.10) to Dec. 2023 (146.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rudra Global Infra Products's Inventory Turnover for the three months ended in Dec. 2023 was 0.62.

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. Rudra Global Infra Products's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.48.


Rudra Global Infra Products Days Inventory Historical Data

The historical data trend for Rudra Global Infra Products'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.

Rudra Global Infra Products Days Inventory Chart

Rudra Global Infra Products Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 65.11 148.23 247.45 218.62 171.84

Rudra Global Infra Products 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 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 179.10 135.72 133.78 164.55 146.09

Competitive Comparison of Rudra Global Infra Products's Days Inventory

For the Steel subindustry, Rudra Global Infra Products'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.


Rudra Global Infra Products's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rudra Global Infra Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rudra Global Infra Products's Days Inventory falls into.



Rudra Global Infra Products Days Inventory Calculation

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

Rudra Global Infra Products'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
=( (2007.764 + 1832.249) / 2 ) / 4078.276*365
=1920.0065 / 4078.276*365
=171.84

Rudra Global Infra Products'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
=( (2139.726 + 0) / 1 ) / 1336.523*365 / 4
=2139.726 / 1336.523*365 / 4
=146.09

* 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.


Rudra Global Infra Products  (BOM:539226) 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.

Rudra Global Infra Products'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.

Rudra Global Infra Products'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.


Rudra Global Infra Products Days Inventory Related Terms

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


Rudra Global Infra Products (BOM:539226) Business Description

Traded in Other Exchanges
N/A
Address
Waghawadi Road, M.D. House, Plot Number 2715/A, Near Central Salt, Bhavnagar, GJ, IND, 364 001
Rudra Global Infra Products Ltd is engaged in the steel industry. The company is engaged in the manufacturing of TMT bars and Billets and trading in Cement. Its segments are Manufacturing and Retail. Its product portfolio includes steel bars, steel pipes, and steel wires.

Rudra Global Infra Products (BOM:539226) Headlines

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