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IND Renewable Energy (BOM:536709) Days Inventory : 0.00 (As of Mar. 2024)


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What is IND Renewable Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). IND Renewable Energy's Average Total Inventories for the three months ended in Mar. 2024 was ₹0.00 Mil. IND Renewable Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹0.00 Mil.

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

BOM:536709's Days Inventory is not ranked *
in the Utilities - Regulated industry.
Industry Median: 23.51
* Ranked among companies with meaningful Days Inventory only.

IND Renewable Energy's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.


IND Renewable Energy Days Inventory Historical Data

The historical data trend for IND Renewable Energy'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.

IND Renewable Energy Days Inventory Chart

IND Renewable Energy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
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IND Renewable Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of IND Renewable Energy's Days Inventory

For the Utilities - Regulated Electric subindustry, IND Renewable Energy'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.


IND Renewable Energy's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, IND Renewable Energy's Days Inventory distribution charts can be found below:

* The bar in red indicates where IND Renewable Energy's Days Inventory falls into.



IND Renewable Energy Days Inventory Calculation

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

IND Renewable Energy'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
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

IND Renewable Energy'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 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


IND Renewable Energy  (BOM:536709) 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.

IND Renewable Energy'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.

IND Renewable Energy'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.


IND Renewable Energy Days Inventory Related Terms

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


IND Renewable Energy (BOM:536709) Business Description

Traded in Other Exchanges
N/A
Address
503, Western Express Highway, Western Edge II, Borivali East, Mumbai, MH, IND, 400 066
IND Renewable Energy Ltd is an Indian firm engaged in the business of Roof Top Solar Plant. The company has only one reportable segment, which is Solar Power and generates revenue from the same.

IND Renewable Energy (BOM:536709) Headlines

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