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Dhyaani Tradeventtures (BOM:543516) Days Inventory : 3.84 (As of Sep. 2023)


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What is Dhyaani Tradeventtures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dhyaani Tradeventtures's Average Total Inventories for the six months ended in Sep. 2023 was ₹2.1 Mil. Dhyaani Tradeventtures's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹98.0 Mil. Hence, Dhyaani Tradeventtures's Days Inventory for the six months ended in Sep. 2023 was 3.84.

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

BOM:543516' s Days Inventory Range Over the Past 10 Years
Min: 4.18   Med: 7.39   Max: 9.45
Current: 5.69

During the past 5 years, Dhyaani Tradeventtures's highest Days Inventory was 9.45. The lowest was 4.18. And the median was 7.39.

BOM:543516's Days Inventory is ranked better than
84.92% of 1393 companies
in the Construction industry
Industry Median: 48.96 vs BOM:543516: 5.69

Dhyaani Tradeventtures's Days Inventory declined from Sep. 2022 (7.61) to Sep. 2023 (3.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dhyaani Tradeventtures's Inventory Turnover for the six months ended in Sep. 2023 was 47.54.

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. Dhyaani Tradeventtures's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.02.


Dhyaani Tradeventtures Days Inventory Historical Data

The historical data trend for Dhyaani Tradeventtures'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.

Dhyaani Tradeventtures Days Inventory Chart

Dhyaani Tradeventtures Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
7.39 9.45 4.68 4.18 9.20

Dhyaani Tradeventtures Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory Get a 7-Day Free Trial 8.34 6.07 7.61 10.97 3.84

Competitive Comparison of Dhyaani Tradeventtures's Days Inventory

For the Building Products & Equipment subindustry, Dhyaani Tradeventtures'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.


Dhyaani Tradeventtures's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Dhyaani Tradeventtures's Days Inventory falls into.



Dhyaani Tradeventtures Days Inventory Calculation

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

Dhyaani Tradeventtures'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
=( (2.31 + 2.061) / 2 ) / 86.733*365
=2.1855 / 86.733*365
=9.20

Dhyaani Tradeventtures's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (2.061 + 2.061) / 2 ) / 97.973*365 / 2
=2.061 / 97.973*365 / 2
=3.84

* 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.


Dhyaani Tradeventtures  (BOM:543516) 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.

Dhyaani Tradeventtures's Inventory Turnover for the six months ended in Sep. 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.

Dhyaani Tradeventtures's Inventory to Revenue for the six months ended in Sep. 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.


Dhyaani Tradeventtures Days Inventory Related Terms

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


Dhyaani Tradeventtures (BOM:543516) Business Description

Traded in Other Exchanges
N/A
Address
Thaltej-Shilaj Road, 420, Times Square Arcade, Opposite Rambaug, Near Rajiv Plaza, Ahmedabad, GJ, IND, 380059
Dhyaani Tradeventtures Ltd formerly Dhyaani Tile And Marblez Ltd is engaged in the business of trading of vitrified tiles used primarily for flooring solutions.

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