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Arihant Foundations & Housing (BOM:531381) Days Inventory : 310.68 (As of Mar. 2024)


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What is Arihant Foundations & Housing Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arihant Foundations & Housing's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,220 Mil. Arihant Foundations & Housing's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹358 Mil. Hence, Arihant Foundations & Housing's Days Inventory for the three months ended in Mar. 2024 was 310.68.

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

BOM:531381' s Days Inventory Range Over the Past 10 Years
Min: 283.29   Med: 925.36   Max: 1734.78
Current: 593.12

During the past 13 years, Arihant Foundations & Housing's highest Days Inventory was 1734.78. The lowest was 283.29. And the median was 925.36.

BOM:531381's Days Inventory is ranked better than
54.47% of 1320 companies
in the Real Estate industry
Industry Median: 699.07 vs BOM:531381: 593.12

Arihant Foundations & Housing's Days Inventory declined from Mar. 2023 (1,096.92) to Mar. 2024 (310.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. Arihant Foundations & Housing's Inventory Turnover for the three months ended in Mar. 2024 was 0.29.

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 Foundations & Housing's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.68.


Arihant Foundations & Housing Days Inventory Historical Data

The historical data trend for Arihant Foundations & Housing'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 Foundations & Housing Days Inventory Chart

Arihant Foundations & Housing Annual Data
Trend Sep13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,135.04 1,151.68 868.45 1,734.78 579.01

Arihant Foundations & Housing 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 1,096.92 439.16 4,971.50 862.68 310.68

Competitive Comparison of Arihant Foundations & Housing's Days Inventory

For the Real Estate - Development subindustry, Arihant Foundations & Housing'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 Foundations & Housing's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Arihant Foundations & Housing's Days Inventory falls into.



Arihant Foundations & Housing Days Inventory Calculation

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

Arihant Foundations & Housing'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
=( (1349.961 + 1219.9) / 2 ) / 810*365
=1284.9305 / 810*365
=579.01

Arihant Foundations & Housing'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 + 1219.9) / 1 ) / 358.3*365 / 4
=1219.9 / 358.3*365 / 4
=310.68

* 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 Foundations & Housing  (BOM:531381) 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 Foundations & Housing'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 Foundations & Housing'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 Foundations & Housing Days Inventory Related Terms

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


Arihant Foundations & Housing (BOM:531381) Business Description

Traded in Other Exchanges
N/A
Address
3rd Street, Off. Cenotaph Road, New No. 3 (Old No. 25), Ganapathy Colony, Teynampet, Chennai, TN, IND, 600018
Arihant Foundations & Housing Ltd is engaged in the business of construction and providing infrastructure facilities. It develops both residential and commercial real estate properties. Its portfolio comprises villas, apartments, IT parks, hotels, shopping malls, multiplex, developed plots, and commercial buildings. The company serves a diverse range of clients from individual home buyers to commercial clients to multi-unit investors.

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