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Tantia Constructions (BOM:532738) Days Inventory : 315.52 (As of Mar. 2024)


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What is Tantia Constructions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tantia Constructions's Average Total Inventories for the three months ended in Mar. 2024 was ₹302.9 Mil. Tantia Constructions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹87.6 Mil. Hence, Tantia Constructions's Days Inventory for the three months ended in Mar. 2024 was 315.52.

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

BOM:532738' s Days Inventory Range Over the Past 10 Years
Min: 98.55   Med: 211.69   Max: 873.27
Current: 873.27

During the past 13 years, Tantia Constructions's highest Days Inventory was 873.27. The lowest was 98.55. And the median was 211.69.

BOM:532738's Days Inventory is ranked worse than
96.62% of 1391 companies
in the Construction industry
Industry Median: 48.75 vs BOM:532738: 873.27

Tantia Constructions's Days Inventory increased from Dec. 2022 (135.52) to Mar. 2024 (315.52). It might indicate that Tantia Constructions's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tantia Constructions's Inventory Turnover for the three months ended in Mar. 2024 was 0.29.

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. Tantia Constructions's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.34.


Tantia Constructions Days Inventory Historical Data

The historical data trend for Tantia Constructions'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.

Tantia Constructions Days Inventory Chart

Tantia Constructions 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 138.64 100.49 101.81 98.55 284.03

Tantia Constructions Quarterly Data
Jun18 Dec18 Mar19 Jun19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 135.52 74.01 - 589.30 315.52

Competitive Comparison of Tantia Constructions's Days Inventory

For the Engineering & Construction subindustry, Tantia Constructions'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.


Tantia Constructions's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tantia Constructions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tantia Constructions's Days Inventory falls into.



Tantia Constructions Days Inventory Calculation

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

Tantia Constructions'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
=( (242.9 + 302.9) / 2 ) / 350.7*365
=272.9 / 350.7*365
=284.03

Tantia Constructions'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 + 302.9) / 1 ) / 87.6*365 / 4
=302.9 / 87.6*365 / 4
=315.52

* 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.


Tantia Constructions  (BOM:532738) 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.

Tantia Constructions'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.

Tantia Constructions'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.


Tantia Constructions Days Inventory Related Terms

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


Tantia Constructions (BOM:532738) Business Description

Traded in Other Exchanges
Address
DD-30, Sector-1, 7th Floor, Salt Lake City, Kolkata, WB, IND, 700 064
Tantia Constructions Ltd is a civil infrastructure solutions providers in India. The company's core infrastructure segments are railways, roads, urban development, infrastructure and industrial fabrication, power, marine and aviation. Geographically, it derives a majority of revenue from India.

Tantia Constructions (BOM:532738) Headlines

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