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Arihant Superstructures (BOM:506194) Days Inventory : 860.34 (As of Mar. 2024)


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What is Arihant Superstructures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arihant Superstructures's Average Total Inventories for the three months ended in Mar. 2024 was ₹9,462 Mil. Arihant Superstructures's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,004 Mil. Hence, Arihant Superstructures's Days Inventory for the three months ended in Mar. 2024 was 860.34.

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

BOM:506194' s Days Inventory Range Over the Past 10 Years
Min: 862.68   Med: 1249.25   Max: 1717.95
Current: 1023.53

During the past 13 years, Arihant Superstructures's highest Days Inventory was 1717.95. The lowest was 862.68. And the median was 1249.25.

BOM:506194's Days Inventory is ranked worse than
61.29% of 1320 companies
in the Real Estate industry
Industry Median: 699.07 vs BOM:506194: 1023.53

Arihant Superstructures's Days Inventory declined from Mar. 2023 (1,871.33) to Mar. 2024 (860.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. Arihant Superstructures's Inventory Turnover for the three months ended in Mar. 2024 was 0.11.

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. Arihant Superstructures's Inventory-to-Revenue for the three months ended in Mar. 2024 was 6.09.


Arihant Superstructures Days Inventory Historical Data

The historical data trend for Arihant Superstructures'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.

Arihant Superstructures Days Inventory Chart

Arihant Superstructures Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,364.72 1,133.43 1,133.78 1,078.17 1,020.02

Arihant Superstructures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,871.33 934.33 1,313.11 1,109.80 860.34

Competitive Comparison of Arihant Superstructures's Days Inventory

For the Real Estate - Development subindustry, Arihant Superstructures'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.


Arihant Superstructures's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Arihant Superstructures's Days Inventory falls into.



Arihant Superstructures Days Inventory Calculation

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

Arihant Superstructures's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (7770.477 + 9462.348) / 2 ) / 3083.262*365
=8616.4125 / 3083.262*365
=1,020.02

Arihant Superstructures's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 9462.348) / 1 ) / 1003.608*365 / 4
=9462.348 / 1003.608*365 / 4
=860.34

* 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.


Arihant Superstructures  (BOM:506194) 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.

Arihant Superstructures's Inventory Turnover for the three months ended in Mar. 2024 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.

Arihant Superstructures's Inventory to Revenue for the three months ended in Mar. 2024 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.


Arihant Superstructures Days Inventory Related Terms

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


Arihant Superstructures (BOM:506194) Business Description

Traded in Other Exchanges
Address
TTC Industrial Area, Thane Belapur Road, Arihant Aura, 25th Floor, B-Wing, Plot No. 13/1, Turbhe MIDC, Turbhe, Navi Mumbai, Mumbai, MH, IND, 400705
Arihant Superstructures Ltd is an India-based real estate development company. The operation of the company spans in all aspects of real estate development from the identification and acquisition of land, planning, execution, construction, and marketing of projects. Some of the projects of the company are Arihant Aloki - Karjat, Arihant Arshiya - Khopoli, Arihant Anmol - Badlapur, Arihant Amisha - Taloja, Arihant Anshula - Taloja, Arihant Anaika - Taloja and many more.

Arihant Superstructures (BOM:506194) Headlines

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