Hindustan Construction Co (BOM:500185) Days Inventory : 43.33 (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Hindustan Construction Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hindustan Construction Co's Average Total Inventories for the three months ended in Dec. 2023 was ₹4,640 Mil. Hindustan Construction Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹9,771 Mil. Hence, Hindustan Construction Co's Days Inventory for the three months ended in Dec. 2023 was 43.33.

The historical rank and industry rank for Hindustan Construction Co's Days Inventory or its related term are showing as below:

BOM:500185' s Days Inventory Range Over the Past 10 Years
Min: 22.11 Med: 92.45 Max: 268.82
Current: 23.89

During the past 13 years, Hindustan Construction Co's highest Days Inventory was 268.82. The lowest was 22.11. And the median was 92.45.

BOM:500185's Days Inventory is ranked better than
63.68% of 1396 companies
in the Construction industry
Industry Median: 48.905 vs BOM:500185: 23.89

Hindustan Construction Co's Days Inventory increased from Dec. 2022 (37.08) to Dec. 2023 (43.33). It might indicate that Hindustan Construction Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hindustan Construction Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.11.

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. Hindustan Construction Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.31.

Hindustan Construction Co Days Inventory Historical Data

The historical data trend for Hindustan Construction Co'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.

Hindustan Construction Co Days Inventory Chart

Hindustan Construction Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

68.84

27.47

26.16

22.11

22.73

Hindustan Construction Co 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															37.08	13.98	23.74	33.00	43.33

Competitive Comparison of Hindustan Construction Co's Days Inventory

For the Engineering & Construction subindustry, Hindustan Construction Co'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.

Hindustan Construction Co's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Hindustan Construction Co's Days Inventory falls into.

Hindustan Construction Co Days Inventory Calculation

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

Hindustan Construction Co'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
=	( (4848.4	+	4905.2)	/	2 )	/	78316.8	*	365
=	4876.8					/	78316.8	*	365
=	22.73

Hindustan Construction Co'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
=	( (4640	+	0)	/	1 )	/	9770.6	*	365 / 4
=	4640					/	9770.6	*	365 / 4
=	43.33

Hindustan Construction Co (BOM:500185) 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.

Hindustan Construction Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9770.6	/	4640
	=	2.11

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.

Hindustan Construction Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4640	/	14744.7
	=	0.31

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.

Hindustan Construction Co Days Inventory Related Terms

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

Hindustan Construction Co (BOM:500185) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hindustan Construction Co Ltd (BOM:500185) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

HCC:India

Address

Lal Bahadur Shastri Marg, Hincon House, C-101, 1st Floor, 247 Park, Vikhroli (West), Mumbai, MH, IND, 400083

Website

https://www.hccindia.com

Hindustan Construction Co Ltd is engaged in the EPC(Engineering, Procurement, and Construction) Business. It is involved in high-value projects that span across diverse sectors such as transportation, power, marine projects, irrigation and water supply, special buildings and industrial plants. Its business segments include Engineering and Construction, which is the key revenue driver; Infrastructure; Real Estate; and others.

Hindustan Construction Co (BOM:500185) Headlines

No Headlines