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RattanIndia Power (NSE:RTNPOWER) Days Inventory : 34.37 (As of Dec. 2023)


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What is RattanIndia Power Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RattanIndia Power's Average Total Inventories for the three months ended in Dec. 2023 was ₹2,153 Mil. RattanIndia Power's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5,717 Mil. Hence, RattanIndia Power's Days Inventory for the three months ended in Dec. 2023 was 34.37.

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

NSE:RTNPOWER' s Days Inventory Range Over the Past 10 Years
Min: 22.23   Med: 47.64   Max: 232.84
Current: 23.89

During the past 13 years, RattanIndia Power's highest Days Inventory was 232.84. The lowest was 22.23. And the median was 47.64.

NSE:RTNPOWER's Days Inventory is ranked better than
59.57% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.14 vs NSE:RTNPOWER: 23.89

RattanIndia Power's Days Inventory increased from Dec. 2022 (20.11) to Dec. 2023 (34.37). It might indicate that RattanIndia Power's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. RattanIndia Power's Inventory Turnover for the three months ended in Dec. 2023 was 2.66.

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. RattanIndia Power's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.27.


RattanIndia Power Days Inventory Historical Data

The historical data trend for RattanIndia Power'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.

RattanIndia Power Days Inventory Chart

RattanIndia Power Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.66 219.87 232.84 33.57 22.23

RattanIndia Power 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 20.11 20.03 19.47 31.92 34.37

Competitive Comparison of RattanIndia Power's Days Inventory

For the Utilities - Renewable subindustry, RattanIndia Power'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.


RattanIndia Power's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where RattanIndia Power's Days Inventory falls into.



RattanIndia Power Days Inventory Calculation

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

RattanIndia Power'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
=( (1366.403 + 1360.387) / 2 ) / 22390.493*365
=1363.395 / 22390.493*365
=22.23

RattanIndia Power'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
=( (2153.1 + 0) / 1 ) / 5716.8*365 / 4
=2153.1 / 5716.8*365 / 4
=34.37

* 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.


RattanIndia Power  (NSE:RTNPOWER) 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.

RattanIndia Power'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.

RattanIndia Power'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.


RattanIndia Power Days Inventory Related Terms

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


RattanIndia Power (NSE:RTNPOWER) Business Description

Traded in Other Exchanges
Address
5th Floor, Tower-B, Worldmark-I, Aerocity, New Delhi, IND, 110037
RattanIndia Power Ltd is engaged in power generation and allied activities. The company is involved in dealing in power generation, distribution, trading, transmission, and other ancillary and incidental activities. It operates power projects, for generating and supplying all forms of electrical energy. The company operates its activities in India and derives its revenue from the supply of power. The company owns several businesses such as cocoblu, revolt, BankSe, NeoSky, Etc.

RattanIndia Power (NSE:RTNPOWER) Headlines

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