Best Eastern Hotels (BOM:508664) Days Inventory : 16.36 (As of Dec. 2023)

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What is Best Eastern Hotels Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Best Eastern Hotels's Average Total Inventories for the three months ended in Dec. 2023 was ₹1.47 Mil. Best Eastern Hotels's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹8.22 Mil. Hence, Best Eastern Hotels's Days Inventory for the three months ended in Dec. 2023 was 16.36.

The historical rank and industry rank for Best Eastern Hotels's Days Inventory or its related term are showing as below:

BOM:508664' s Days Inventory Range Over the Past 10 Years
Min: 12.16 Med: 22.65 Max: 66.16
Current: 18.27

During the past 13 years, Best Eastern Hotels's highest Days Inventory was 66.16. The lowest was 12.16. And the median was 22.65.

BOM:508664's Days Inventory is ranked better than
60.21% of 671 companies
in the Travel & Leisure industry
Industry Median: 35.27 vs BOM:508664: 18.27

Best Eastern Hotels's Days Inventory increased from Dec. 2022 (9.90) to Dec. 2023 (16.36). It might indicate that Best Eastern Hotels's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Best Eastern Hotels's Inventory Turnover for the three months ended in Dec. 2023 was 5.58.

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. Best Eastern Hotels's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.

Best Eastern Hotels Days Inventory Historical Data

The historical data trend for Best Eastern Hotels'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.

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Best Eastern Hotels Days Inventory Chart

Best Eastern Hotels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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21.81

23.48

32.14

12.16

18.56

Best Eastern Hotels 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															9.90	30.23	21.84	22.26	16.36

Competitive Comparison of Best Eastern Hotels's Days Inventory

For the Lodging subindustry, Best Eastern Hotels'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.

Best Eastern Hotels's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Best Eastern Hotels's Days Inventory distribution charts can be found below:

* The bar in red indicates where Best Eastern Hotels's Days Inventory falls into.

Best Eastern Hotels Days Inventory Calculation

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

Best Eastern Hotels'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
=	( (0.747	+	2.024)	/	2 )	/	27.249	*	365
=	1.3855					/	27.249	*	365
=	18.56

Best Eastern Hotels'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
=	( (1.474	+	0)	/	1 )	/	8.219	*	365 / 4
=	1.474					/	8.219	*	365 / 4
=	16.36

Best Eastern Hotels (BOM:508664) 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.

Best Eastern Hotels's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.219	/	1.474
	=	5.58

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.

Best Eastern Hotels's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.474	/	16.609
	=	0.09

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.

Best Eastern Hotels Days Inventory Related Terms

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

Best Eastern Hotels (BOM:508664) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Best Eastern Hotels Ltd (BOM:508664) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

293/299, Dr. C. H. Street, 401, Chartered House, Near Marine Lines Church, Mumbai, MH, IND, 400 002

Website

https://www.ushaascot.com

Best Eastern Hotels Ltd is engaged in the business of hospitality and managing the resort. It is engaged in providing short-term accommodation activities, and restaurants and mobile food service activities. The company operates a hotel, Usha Ascot that provides various facilities, such as cuisine, including Indian, Chinese, Continental food; swimming pool with a sunken bar and an open restaurant; permit room; health club with steam room; sauna, Jacuzzi and massage facility; indoor recreation, including table tennis, and in-house laundry and bakery. Its conference and banquet facilities include Mel Milap Hall and The Brain Stromer. Its accommodation facilities include Luxury Villa, Ascot Villa, Executive Deluxe, and Deluxe Room.

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