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Reliance Infrastructure (Reliance Infrastructure) Days Inventory : 3.02 (As of Dec. 2023)


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What is Reliance Infrastructure Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Reliance Infrastructure's Average Total Inventories for the three months ended in Dec. 2023 was $12 Mil. Reliance Infrastructure's Cost of Goods Sold for the three months ended in Dec. 2023 was $362 Mil. Hence, Reliance Infrastructure's Days Inventory for the three months ended in Dec. 2023 was 3.02.

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

RELFF' s Days Inventory Range Over the Past 10 Years
Min: 1.69   Med: 8.47   Max: 15.83
Current: 1.93

During the past 13 years, Reliance Infrastructure's highest Days Inventory was 15.83. The lowest was 1.69. And the median was 8.47.

RELFF's Days Inventory is ranked better than
96.02% of 327 companies
in the Utilities - Independent Power Producers industry
Industry Median: 30.97 vs RELFF: 1.93

Reliance Infrastructure's Days Inventory increased from Dec. 2022 (2.54) to Dec. 2023 (3.02). It might indicate that Reliance Infrastructure's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reliance Infrastructure's Inventory Turnover for the three months ended in Dec. 2023 was 30.25.

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. Reliance Infrastructure's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.


Reliance Infrastructure Days Inventory Historical Data

The historical data trend for Reliance Infrastructure'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.

Reliance Infrastructure Days Inventory Chart

Reliance Infrastructure 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 6.91 1.75 2.02 1.90 1.76

Reliance Infrastructure 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 2.54 1.93 1.68 1.84 3.02

Competitive Comparison of Reliance Infrastructure's Days Inventory

For the Utilities - Independent Power Producers subindustry, Reliance Infrastructure'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.


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

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

* The bar in red indicates where Reliance Infrastructure's Days Inventory falls into.



Reliance Infrastructure Days Inventory Calculation

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

Reliance Infrastructure'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
=( (8.697 + 9.788) / 2 ) / 1922.091*365
=9.2425 / 1922.091*365
=1.76

Reliance Infrastructure'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
=( (11.955 + 0) / 1 ) / 361.629*365 / 4
=11.955 / 361.629*365 / 4
=3.02

* 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.


Reliance Infrastructure  (OTCPK:RELFF) 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.

Reliance Infrastructure'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.

Reliance Infrastructure'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.


Reliance Infrastructure Days Inventory Related Terms

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


Reliance Infrastructure (Reliance Infrastructure) Business Description

Traded in Other Exchanges
Address
19, Walchand Hirachand Marg, Reliance Centre, Ground Floor, Mumbai, MH, IND, 400001
Reliance Infrastructure Ltd, or RInfra, is an Indian company operating in the country's utilities and infrastructure sectors. The company segments its activities into 'Power', 'Engineering and Construction' (E&C) and 'Infrastructure. Reliance Infrastructure's revenue is derived from electricity sales and transmission charges issued by its Power division. This unit is involved in the generation, transmission, distribution, and trading of energy in India. RInfra's Power Business utilizes thermal power plants that operate on natural gas and coal to then distribute electricity to urban markets, such as Mumbai and Delhi. The company's EPC division also generates substantial income through contracts with entities in India's power and road sectors.

Reliance Infrastructure (Reliance Infrastructure) Headlines

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