Phoenix Township (BOM:537839) Days Inventory : 7.57 (As of Mar. 2024)

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What is Phoenix Township Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Phoenix Township's Average Total Inventories for the three months ended in Mar. 2024 was ₹1.8 Mil. Phoenix Township's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹21.2 Mil. Hence, Phoenix Township's Days Inventory for the three months ended in Mar. 2024 was 7.57.

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

BOM:537839' s Days Inventory Range Over the Past 10 Years
Min: 3.45 Med: 6.98 Max: 18620.21
Current: 3.78

During the past 11 years, Phoenix Township's highest Days Inventory was 18620.21. The lowest was 3.45. And the median was 6.98.

BOM:537839's Days Inventory is ranked better than
85.82% of 670 companies
in the Travel & Leisure industry
Industry Median: 34.84 vs BOM:537839: 3.78

Phoenix Township's Days Inventory increased from Mar. 2023 (6.02) to Mar. 2024 (7.57). It might indicate that Phoenix Township's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Phoenix Township's Inventory Turnover for the three months ended in Mar. 2024 was 12.05.

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. Phoenix Township's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.02.

Phoenix Township Days Inventory Historical Data

The historical data trend for Phoenix Township'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.

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Phoenix Township Days Inventory Chart

Phoenix Township Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Get a 7-Day Free Trial

6.28

8.84

4.90

5.84

6.63

Phoenix Township 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															6.02	4.79	9.34	7.34	7.57

Competitive Comparison of Phoenix Township's Days Inventory

For the Lodging subindustry, Phoenix Township'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.

Phoenix Township's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Phoenix Township's Days Inventory distribution charts can be found below:

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

Phoenix Township Days Inventory Calculation

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

Phoenix Township'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
=	( (1.257	+	1.761)	/	2 )	/	83.106	*	365
=	1.509					/	83.106	*	365
=	6.63

Phoenix Township'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	+	1.761)	/	1 )	/	21.22	*	365 / 4
=	1.761					/	21.22	*	365 / 4
=	7.57

Phoenix Township (BOM:537839) 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.

Phoenix Township's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	21.22	/	1.761
	=	12.05

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.

Phoenix Township's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.761	/	78.754
	=	0.02

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.

Phoenix Township Days Inventory Related Terms

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

Phoenix Township (BOM:537839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Phoenix Township Ltd (BOM:537839) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

14, BEST Marg, Hede House, 2nd Floor, Balaji Bhavan, Colaba, Mumbai, MH, IND, 400 001

Website

https://www.hbgindia.com

Phoenix Township Ltd operates a hotel and hospitality business in India. It is principally engaged in providing services relating to the hotel business. The company's resort facilities include a swimming pool, a fitness center, an ayurvedic massage center, an efficient travel desk, and foreign exchange facilities. It generates substantial revenue from Hotel Operations-Room sales in India followed by Food & Beverages. The company operates in one business segment, which is the hotel industry, and one geographic segment, India.

Phoenix Township (BOM:537839) Headlines

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