Sobha (BOM:532784) Days Inventory : 2,031.50 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Sobha Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sobha's Average Total Inventories for the three months ended in Dec. 2023 was ₹89,874 Mil. Sobha's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹4,037 Mil. Hence, Sobha's Days Inventory for the three months ended in Dec. 2023 was 2,031.50.

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

BOM:532784' s Days Inventory Range Over the Past 10 Years
Min: 719.03 Med: 1248.66 Max: 2663.52
Current: 1305.81

During the past 13 years, Sobha's highest Days Inventory was 2663.52. The lowest was 719.03. And the median was 1248.66.

BOM:532784's Days Inventory is ranked worse than
68.9% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs BOM:532784: 1305.81

Sobha's Days Inventory increased from Dec. 2022 (1,168.00) to Dec. 2023 (2,031.50). It might indicate that Sobha's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sobha's Inventory Turnover for the three months ended in Dec. 2023 was 0.04.

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. Sobha's Inventory-to-Revenue for the three months ended in Dec. 2023 was 13.12.

Sobha Days Inventory Historical Data

The historical data trend for Sobha'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.

Sobha Days Inventory Chart

Sobha Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

998.00

1,201.59

2,663.52

1,886.09

1,414.09

Sobha 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															1,168.00	932.88	1,235.02	1,921.19	2,031.50

Competitive Comparison of Sobha's Days Inventory

For the Real Estate - Development subindustry, Sobha'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.

Sobha's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sobha's Days Inventory distribution charts can be found below:

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

Sobha Days Inventory Calculation

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

Sobha'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
=	( (76515.79	+	87609.75)	/	2 )	/	21181.77	*	365
=	82062.77					/	21181.77	*	365
=	1,414.09

Sobha'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
=	( (89873.99	+	0)	/	1 )	/	4036.92	*	365 / 4
=	89873.99					/	4036.92	*	365 / 4
=	2,031.50

Sobha (BOM:532784) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4036.92	/	89873.99
	=	0.04

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	89873.99	/	6849.32
	=	13.12

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.

Sobha Days Inventory Related Terms

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

Sobha (BOM:532784) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sobha Ltd (BOM:532784) » Definitions » Days Inventory

Traded in Other Exchanges

SOBHA:India

Address

SOBHA, Sarjapur - Marathahalli Outer Ring Road, Devarabisanahalli, Bellandur Post, Bangalore, KA, IND, 560103

Website

https://www.sobha.com

Sobha Ltd is engaged in the real estate business. The company is engaged in the development and construction of the properties. The company is operating in two segments: The Real estate segment and the Contractual and manufacturing segment. The real Estate segment (RE) is into the development, sale, management, and operation of all or any part of townships, and housing projects also include leasing of self-owned commercial premises. The contractual and manufacturing Segment (CM) is into the development of commercial premises and other related activities, also including manufacturing activities related to interiors, glazing and metal works and concrete products. It generates its revenue from the Real Estate segment.

Sobha (BOM:532784) Headlines

No Headlines