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Reliance Communications (BOM:532712) Days Inventory : 4.56 (As of Dec. 2024)


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What is Reliance Communications Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Reliance Communications's Average Total Inventories for the three months ended in Dec. 2024 was ₹20 Mil. Reliance Communications's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹400 Mil. Hence, Reliance Communications's Days Inventory for the three months ended in Dec. 2024 was 4.56.

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

BOM:532712' s Days Inventory Range Over the Past 10 Years
Min: 3.24   Med: 14.58   Max: 20.31
Current: 4.62

During the past 13 years, Reliance Communications's highest Days Inventory was 20.31. The lowest was 3.24. And the median was 14.58.

BOM:532712's Days Inventory is ranked better than
89.19% of 296 companies
in the Telecommunication Services industry
Industry Median: 18.89 vs BOM:532712: 4.62

Reliance Communications's Days Inventory increased from Dec. 2023 (4.15) to Dec. 2024 (4.56). It might indicate that Reliance Communications's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reliance Communications's Inventory Turnover for the three months ended in Dec. 2024 was 20.00.

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. Reliance Communications's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.02.


Reliance Communications Days Inventory Historical Data

The historical data trend for Reliance Communications'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.

Reliance Communications Days Inventory Chart

Reliance Communications 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 15.73 19.81 15.46 3.24 4.17

Reliance Communications Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.15 4.56 4.56 4.80 4.56

Competitive Comparison of Reliance Communications's Days Inventory

For the Telecom Services subindustry, Reliance Communications'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.


Reliance Communications's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Reliance Communications's Days Inventory distribution charts can be found below:

* The bar in red indicates where Reliance Communications's Days Inventory falls into.


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Reliance Communications Days Inventory Calculation

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

Reliance Communications'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
=( (20 + 20) / 2 ) / 1750*365
=20 / 1750*365
=4.17

Reliance Communications's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (20 + 0) / 1 ) / 400*365 / 4
=20 / 400*365 / 4
=4.56

* 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.


Reliance Communications  (BOM:532712) 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.

Reliance Communications's Inventory Turnover for the three months ended in Dec. 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.

Reliance Communications's Inventory to Revenue for the three months ended in Dec. 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.


Reliance Communications Days Inventory Related Terms

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


Reliance Communications Business Description

Traded in Other Exchanges
Address
H Block, 1st Floor, Thane Belapur Road, Dhirubhai Ambani Knowledge City, Koparkhairane, Navi Mumbai, MH, IND, 400 710
Reliance Communications Ltd is a triple-play telecommunications company that provides mobile, voice, and broadband services in two segments: India Operations and global Operations. The India Operations segment includes businesses-voice, long-distance services and broadband access to enterprise customers; and managed Internet data centre services. The global Operations segment offers international data and network services, enterprise services, and data services to global customers. The company generates the majority of its revenue from India Operations.

Reliance Communications Headlines

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