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Shriram Properties (BOM:543419) Days Inventory : 1,550.39 (As of Dec. 2023)


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What is Shriram Properties Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shriram Properties's Average Total Inventories for the three months ended in Dec. 2023 was ₹26,110 Mil. Shriram Properties's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,537 Mil. Hence, Shriram Properties's Days Inventory for the three months ended in Dec. 2023 was 1,550.39.

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

BOM:543419' s Days Inventory Range Over the Past 10 Years
Min: 1447.49   Med: 2080.5   Max: 4219.22
Current: 2130.11

During the past 5 years, Shriram Properties's highest Days Inventory was 4219.22. The lowest was 1447.49. And the median was 2080.50.

BOM:543419's Days Inventory is ranked worse than
81.09% of 1327 companies
in the Real Estate industry
Industry Median: 697.68 vs BOM:543419: 2130.11

Shriram Properties's Days Inventory increased from Dec. 2022 (1,479.45) to Dec. 2023 (1,550.39). It might indicate that Shriram Properties's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shriram Properties's Inventory Turnover for the three months ended in Dec. 2023 was 0.06.

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. Shriram Properties's Inventory-to-Revenue for the three months ended in Dec. 2023 was 11.80.


Shriram Properties Days Inventory Historical Data

The historical data trend for Shriram Properties'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.

Shriram Properties Days Inventory Chart

Shriram Properties Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
1,447.49 2,080.50 3,148.90 4,219.22 1,775.36

Shriram Properties Quarterly Data
Mar19 Mar20 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 1,479.45 3,198.97 3,336.82 1,971.94 1,550.39

Competitive Comparison of Shriram Properties's Days Inventory

For the Real Estate - Development subindustry, Shriram Properties'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.


Shriram Properties's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shriram Properties's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shriram Properties's Days Inventory falls into.



Shriram Properties Days Inventory Calculation

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

Shriram Properties'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
=( (21882.02 + 22208.05) / 2 ) / 4532.28*365
=22045.035 / 4532.28*365
=1,775.36

Shriram Properties'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
=( (26109.5 + 0) / 1 ) / 1536.7*365 / 4
=26109.5 / 1536.7*365 / 4
=1,550.39

* 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.


Shriram Properties  (BOM:543419) 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.

Shriram Properties'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.

Shriram Properties'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.


Shriram Properties Days Inventory Related Terms

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


Shriram Properties (BOM:543419) Business Description

Traded in Other Exchanges
Address
No. 31, 2nd Main Road, T. Chowdaiah Road, Shriram House, Sadashivanagar, Bengaluru, KA, IND, 560 080
Shriram Properties Ltd is a residential real estate development company. The Company is engaged in the business of construction, development and sale of all or any part of housing project which is the only reportable segment. It primarily focuses on the mid-market and affordable housing segments. It is also present in the mid-market premium and luxury housing categories as well as commercial and office space categories.

Shriram Properties (BOM:543419) Headlines

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