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Purohit Construction (BOM:538993) Days Inventory : 0.00 (As of Dec. 2023)


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What is Purohit Construction Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Purohit Construction's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.00 Mil. Purohit Construction's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.47 Mil. Hence, Purohit Construction's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

During the past 10 years, Purohit Construction's highest Days Inventory was 2590.22. The lowest was 7.05. And the median was 365.00.

BOM:538993's Days Inventory is not ranked *
in the Real Estate industry.
Industry Median: 699.45
* Ranked among companies with meaningful Days Inventory only.

Purohit Construction's Days Inventory declined from Dec. 2022 (18.43) to Dec. 2023 (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.


Purohit Construction Days Inventory Historical Data

The historical data trend for Purohit Construction'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.

Purohit Construction Days Inventory Chart

Purohit Construction Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 30.72 - - 365.00

Purohit Construction 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 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 18.43 - - - -

Competitive Comparison of Purohit Construction's Days Inventory

For the Real Estate - Development subindustry, Purohit Construction'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.


Purohit Construction's Days Inventory Distribution in the Real Estate Industry

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

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



Purohit Construction Days Inventory Calculation

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

Purohit Construction'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
=( (0.231 + 0) / 1 ) / 0.231*365
=0.231 / 0.231*365
=365.00

Purohit Construction'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
=( (0 + 0) / 1 ) / 0.466*365 / 4
=0 / 0.466*365 / 4
=0.00

* 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.


Purohit Construction  (BOM:538993) 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.

Purohit Construction's Inventory Turnover for the three months ended in Dec. 2023 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.

Purohit Construction's Inventory to Revenue for the three months ended in Dec. 2023 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.


Purohit Construction Days Inventory Related Terms

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


Purohit Construction (BOM:538993) Business Description

Traded in Other Exchanges
N/A
Address
401, Purohit House, Opposite Sardar Patel Stadium, Navrangpura, Ahmedabad, GJ, IND, 380009
Purohit Construction Ltd is an Indian-based company that operates in the real estate business. The activity of the group includes general construction business which includes alteration, addition, repair, and maintenance of non-residential buildings, carried out on the own-account basis or on a fee or contract basis. It primarily holds an interest in the development of residential, commercial, and CSR projects. The few projects of the group are Sopan Life Style, Sopan Elegance, Sopan Heights, Sukh Sagar, Ami apartment, Shaswat, Sukan, Podar Jumbo Kids and others.

Purohit Construction (BOM:538993) Headlines

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