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Gujarat Industries Power Co (BOM:517300) Days Inventory : 99.50 (As of Mar. 2024)


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What is Gujarat Industries Power Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gujarat Industries Power Co's Average Total Inventories for the three months ended in Mar. 2024 was ₹2,235 Mil. Gujarat Industries Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,050 Mil. Hence, Gujarat Industries Power Co's Days Inventory for the three months ended in Mar. 2024 was 99.50.

The historical rank and industry rank for Gujarat Industries Power Co's Days Inventory or its related term are showing as below:

BOM:517300' s Days Inventory Range Over the Past 10 Years
Min: 73.3   Med: 82.96   Max: 129.03
Current: 111.97

During the past 13 years, Gujarat Industries Power Co's highest Days Inventory was 129.03. The lowest was 73.30. And the median was 82.96.

BOM:517300's Days Inventory is ranked worse than
91.56% of 462 companies
in the Utilities - Regulated industry
Industry Median: 23.41 vs BOM:517300: 111.97

Gujarat Industries Power Co's Days Inventory increased from Mar. 2023 (92.01) to Mar. 2024 (99.50). It might indicate that Gujarat Industries Power Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gujarat Industries Power Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.92.

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. Gujarat Industries Power Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.60.


Gujarat Industries Power Co Days Inventory Historical Data

The historical data trend for Gujarat Industries Power Co'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.

Gujarat Industries Power Co Days Inventory Chart

Gujarat Industries Power Co 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 82.16 90.13 129.03 108.85 112.81

Gujarat Industries Power Co 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 92.01 121.64 124.80 103.05 99.50

Competitive Comparison of Gujarat Industries Power Co's Days Inventory

For the Utilities - Regulated Electric subindustry, Gujarat Industries Power Co'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.


Gujarat Industries Power Co's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat Industries Power Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gujarat Industries Power Co's Days Inventory falls into.



Gujarat Industries Power Co Days Inventory Calculation

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

Gujarat Industries Power Co'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
=( (2588.025 + 2234.996) / 2 ) / 7802.609*365
=2411.5105 / 7802.609*365
=112.81

Gujarat Industries Power Co'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 + 2234.996) / 1 ) / 2049.775*365 / 4
=2234.996 / 2049.775*365 / 4
=99.50

* 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.


Gujarat Industries Power Co  (BOM:517300) 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.

Gujarat Industries Power Co'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.

Gujarat Industries Power Co'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.


Gujarat Industries Power Co Days Inventory Related Terms

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


Gujarat Industries Power Co (BOM:517300) Business Description

Traded in Other Exchanges
Address
P.O. Ranoli, Vadodara, GJ, IND, 391 350
Gujarat Industries Power Co Ltd is engaged in the business of electrical power generation. Its power generation plants include gas-based power plants, thermal power plants, and solar power plants. The company generates a majority of its revenue from the sale of electrical energy within the domestic market.

Gujarat Industries Power Co (BOM:517300) Headlines

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