Days Inventory is also known as Days Sales of Inventory (DSI). Urja Global's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹391.8 Mil. Urja Global's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹102.1 Mil.
Hence, Urja Global's Days Inventory for the
three
months ended in Mar. 2024 was 350.30.
The historical rank and industry rank for Urja Global's Days Inventory or its related term are showing as below:
BOM:526987'
s Days Inventory Range Over the Past 10 Years
Min: 14.14 Med: 24.81 Max: 319.04
Current: 309.2
During the past 13 years, Urja Global's highest Days Inventory was 319.04. The lowest was 14.14. And the median was 24.81.
BOM:526987's Days Inventory is ranked worse than 86.97% of 944
companies
in the Semiconductors industry
Industry Median: 130.195
vs BOM:526987: 309.20
Urja Global's Days Inventory
increased
from Mar. 2023 (202.75) to Mar. 2024 (350.30).
It might indicate that Urja Global's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Urja Global's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.26.
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.
Urja Global's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 3.08.
Urja Global Days Inventory Historical Data
The historical data trend for Urja Global'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.
Competitive Comparison of Urja Global's Days Inventory
For the Solar subindustry, Urja Global'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.
Urja Global's Days Inventory Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Urja Global's Days Inventory distribution charts can be found below:
* The bar in red indicates where Urja Global's Days Inventory falls into.
Urja Global Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Urja Global's Days Inventory for the fiscal year that 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.
Urja Global (BOM:526987) 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.
Urja Global'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.
Urja Global'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.
Urja Global Days Inventory Related Terms
Thank you for viewing the detailed overview of Urja Global's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Urja Global Ltd is an India based renewable energy developer. The firm is engaged in design, consultancy, integration, supply, installation, commissioning and maintenance of off-grid and grid-connected solar power plants and decentralized Solar Application and trading of solar products, Lead Acid Batteries. The company's product portfolio includes batteries; led lights; inverters; PV module; charge controller; solar lanterns; solar power pack; home lighting and others.
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