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KPI Green Energy (BOM:542323) Days Inventory : 212.30 (As of Mar. 2024)


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What is KPI Green Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KPI Green Energy's Average Total Inventories for the three months ended in Mar. 2024 was ₹3,339 Mil. KPI Green Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,435 Mil. Hence, KPI Green Energy's Days Inventory for the three months ended in Mar. 2024 was 212.30.

The historical rank and industry rank for KPI Green Energy's Days Inventory or its related term are showing as below:

BOM:542323' s Days Inventory Range Over the Past 10 Years
Min: 112.26   Med: 248.88   Max: 843.54
Current: 140.94

During the past 9 years, KPI Green Energy's highest Days Inventory was 843.54. The lowest was 112.26. And the median was 248.88.

BOM:542323's Days Inventory is ranked worse than
84.1% of 327 companies
in the Utilities - Independent Power Producers industry
Industry Median: 30.46 vs BOM:542323: 140.94

KPI Green Energy's Days Inventory increased from Mar. 2023 (137.56) to Mar. 2024 (212.30). It might indicate that KPI Green Energy's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. KPI Green Energy's Inventory Turnover for the three months ended in Mar. 2024 was 0.43.

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. KPI Green Energy's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.15.


KPI Green Energy Days Inventory Historical Data

The historical data trend for KPI Green Energy'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.

KPI Green Energy Days Inventory Chart

KPI Green Energy Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 415.06 423.85 248.88 129.79 169.83

KPI Green Energy Quarterly Data
Sep18 Mar19 Sep19 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 137.56 159.39 93.55 62.26 212.30

Competitive Comparison of KPI Green Energy's Days Inventory

For the Utilities - Renewable subindustry, KPI Green Energy'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.


KPI Green Energy's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, KPI Green Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where KPI Green Energy's Days Inventory falls into.



KPI Green Energy Days Inventory Calculation

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

KPI Green Energy'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
=( (1649.756 + 3338.627) / 2 ) / 5360.517*365
=2494.1915 / 5360.517*365
=169.83

KPI Green Energy'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 + 3338.627) / 1 ) / 1434.968*365 / 4
=3338.627 / 1434.968*365 / 4
=212.30

* 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.


KPI Green Energy  (BOM:542323) 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.

KPI Green Energy'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.

KPI Green Energy'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.


KPI Green Energy Days Inventory Related Terms

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


KPI Green Energy (BOM:542323) Business Description

Traded in Other Exchanges
Address
Canal Road, Bhatar Road, KP House, Opposite Ishwar Farm Junction BRTS, Near Bliss IVF Circle, Surat, GJ, IND, 395017
KPI Green Energy Ltd Ltd is a solar power generating company. The company develops, builds, owns, operates, and maintains solar power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPP) under the brand name Solarism. Its operating segment includes the Sale of Power and Solar power plants; and the Sale of Plots. The company generates maximum revenue from the Sale of Power and power plants segment. Geographically, it operates only in India.

KPI Green Energy (BOM:542323) Headlines

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