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Nila Spaces (BOM:542231) Days Inventory

: 264.45 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Nila Spaces's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,249.4 Mil. Nila Spaces's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹431.1 Mil. Hence, Nila Spaces's Days Inventory for the three months ended in Dec. 2023 was 264.45.

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

BOM:542231' s Days Inventory Range Over the Past 10 Years
Min: 438.9   Med: 2031.01   Max: 529532.8
Current: 814.8

During the past 8 years, Nila Spaces's highest Days Inventory was 529532.80. The lowest was 438.90. And the median was 2031.01.

BOM:542231's Days Inventory is ranked worse than
55.19% of 1321 companies
in the Real Estate industry
Industry Median: 689.74 vs BOM:542231: 814.80

Nila Spaces's Days Inventory declined from Dec. 2022 (14,235.67) to Dec. 2023 (264.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nila Spaces's Inventory Turnover for the three months ended in Dec. 2023 was 0.35.

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. Nila Spaces's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.14.


Nila Spaces Days Inventory Historical Data

The historical data trend for Nila Spaces'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.

Nila Spaces Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only 529,532.80 438.90 663.62 4,488.60 13,189.64

Nila Spaces Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 14,235.67 6,417.10 - - 264.45

Competitive Comparison

For the Real Estate - Development subindustry, Nila Spaces'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.


Nila Spaces Days Inventory Distribution

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

* The bar in red indicates where Nila Spaces's Days Inventory falls into.



Nila Spaces Days Inventory Calculation

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

Nila Spaces'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
=( (695.794 + 987.566) / 2 ) / 23.292*365
=841.68 / 23.292*365
=13,189.64

Nila Spaces'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
=( (1249.446 + 0) / 1 ) / 431.133*365 / 4
=1249.446 / 431.133*365 / 4
=264.45

* 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.


Nila Spaces  (BOM:542231) 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.

Nila Spaces'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.

Nila Spaces'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.


Nila Spaces Days Inventory Related Terms

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


Nila Spaces (BOM:542231) Business Description

Traded in Other Exchanges
Address
1st Floor, Sambhaav House, Opposite Chief Justices Bungalow, Bodakdev, Ahmedabad, GJ, IND, 380015
Nila Spaces Ltd is a real estate development company. The company is engaged in construction activities as well as the development of real estate projects for sale.

Nila Spaces (BOM:542231) Headlines

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