The historical rank and industry rank for Indraprastha Gas's Days Inventory or its related term are showing as below:
BOM:532514'
s Days Inventory Range Over the Past 10 Years
Min: 1.53 Med: 5.55 Max: 8.27
Current: 1.63
During the past 13 years, Indraprastha Gas's highest Days Inventory was 8.27. The lowest was 1.53. And the median was 5.55.
BOM:532514's Days Inventory is ranked better than 91.58% of 463
companies
in the Utilities - Regulated industry
Industry Median: 23.36
vs BOM:532514: 1.63
Indraprastha Gas's Days Inventory
increased
from Dec. 2022 (1.53) to Dec. 2023 (1.75).
It might indicate that Indraprastha Gas's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Indraprastha Gas's Inventory Turnover for the
three
months ended in Dec. 2023 was 52.13.
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.
Indraprastha Gas's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.01.
Indraprastha Gas Days Inventory Historical Data
The historical data trend for Indraprastha Gas'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.
Competitive Comparison of Indraprastha Gas's Days Inventory
For the Utilities - Regulated Gas subindustry, Indraprastha Gas'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.
Indraprastha Gas's Days Inventory Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's Days Inventory distribution charts can be found below:
* The bar in red indicates where Indraprastha Gas's Days Inventory falls into.
Indraprastha Gas Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Indraprastha Gas's Days Inventory for the fiscal year that ended in Mar. 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.
Indraprastha Gas (BOM:532514) 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.
Indraprastha Gas'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.
Indraprastha Gas'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.
Indraprastha Gas Days Inventory Related Terms
Thank you for viewing the detailed overview of Indraprastha Gas's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Indraprastha Gas (BOM:532514) Business Description
Indraprastha Gas Ltd, or IGL, is an Indian utility company that derives nearly all of its revenue from the sale of natural gas. IGL supplies compressed natural gas (CNG) to the transport sector and piped natural gas (PNG) to domestic, industrial, and commercial sector customers. Most of the natural gas sold by IGL is in the form of compressed natural gas. CNG is an alternative to fossil fuels that is distributed from IGL's portfolio of fueling stations to power a variety of vehicles. The vast majority of these CNG stations are located in the Delhi and National Capital Regions. IGL distributes a significant amount of natural gas through its network of pipelines in Delhi and the National Capital Region, as well. The customers served by IGL's PNG business are primarily residential consumers.
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