GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Jet Solar Ltd (BOM:538794) » Definitions » Days Inventory

Jet Solar (BOM:538794) Days Inventory : 4,531.30 (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Jet Solar Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jet Solar's Average Total Inventories for the six months ended in Sep. 2024 was ₹21.28 Mil. Jet Solar's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹0.86 Mil. Hence, Jet Solar's Days Inventory for the six months ended in Sep. 2024 was 4,531.30.

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

BOM:538794' s Days Inventory Range Over the Past 10 Years
Min: 202.29   Med: 356.42   Max: 10648.17
Current: 6318.07

During the past 11 years, Jet Solar's highest Days Inventory was 10648.17. The lowest was 202.29. And the median was 356.42.

BOM:538794's Days Inventory is ranked worse than
94.89% of 1311 companies
in the Real Estate industry
Industry Median: 689.89 vs BOM:538794: 6318.07

Jet Solar's Days Inventory declined from Sep. 2023 (11,064.94) to Sep. 2024 (4,531.30).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jet Solar's Inventory Turnover for the six months ended in Sep. 2024 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. Jet Solar's Inventory-to-Revenue for the six months ended in Sep. 2024 was 3.18.


Jet Solar Days Inventory Historical Data

The historical data trend for Jet Solar'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.

Jet Solar Days Inventory Chart

Jet Solar 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 4,437.39 6,110.89 - - 10,648.17

Jet Solar Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 4,095.74 - 11,064.94 10,301.37 4,531.30

Competitive Comparison of Jet Solar's Days Inventory

For the Real Estate - Development subindustry, Jet Solar'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.


Jet Solar's Days Inventory Distribution in the Real Estate Industry

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

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



Jet Solar Days Inventory Calculation

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

Jet Solar'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
=( (22.286 + 21.707) / 2 ) / 0.754*365
=21.9965 / 0.754*365
=10,648.17

Jet Solar's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (21.707 + 20.85) / 2 ) / 0.857*365 / 2
=21.2785 / 0.857*365 / 2
=4,531.30

* 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.


Jet Solar  (BOM:538794) 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.

Jet Solar's Inventory Turnover for the six months ended in Sep. 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.

Jet Solar's Inventory to Revenue for the six months ended in Sep. 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.


Jet Solar Days Inventory Related Terms

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


Jet Solar Business Description

Traded in Other Exchanges
N/A
Address
Office No.1, Kandivali Link Road, E-Wing, 1st Floor, Nandanvan Apartment, Nandanvan Business Centre, Opposite Laljipada Police Chowki, Kandivali (West), Mumbai, MH, IND, 400067
Jet Solar Ltd Formerly Jet Infraventure Ltd is a real estate development company based in India. The company is involved in real estate development and construction, with a focus on residential and commercial projects. Some of its projects include Samarth Residency, Jet Excellency, Sai Residency, Shree Samartha, and Palm Sping. The company's ongoing project is Jet Prakriti - Wilson Hills. Jet Infraventure Ltd generates all of its operating revenue from real estate projects.

Jet Solar Headlines

No Headlines