Days Inventory is also known as Days Sales of Inventory (DSI). Grovy India's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹204.7 Mil. Grovy India's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹57.4 Mil.
Hence, Grovy India's Days Inventory for the
three
months ended in Dec. 2023 was 325.21.
The historical rank and industry rank for Grovy India's Days Inventory or its related term are showing as below:
BOM:539522'
s Days Inventory Range Over the Past 10 Years
Min: 188.4 Med: 348.93 Max: 12146.02
Current: 317.98
During the past 10 years, Grovy India's highest Days Inventory was 12146.02. The lowest was 188.40. And the median was 348.93.
BOM:539522's Days Inventory is ranked worse than 89.53% of 449
companies
in the Conglomerates industry
Industry Median: 71.86
vs BOM:539522: 317.98
Grovy India's Days Inventory
declined
from Dec. 2022 (738.80) to Dec. 2023 (325.21).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Grovy India's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.28.
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.
Grovy India's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 3.45.
Grovy India Days Inventory Historical Data
The historical data trend for Grovy India'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.
Competitive Comparison of Grovy India's Days Inventory
For the Conglomerates subindustry, Grovy India'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.
Grovy India's Days Inventory Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Grovy India's Days Inventory distribution charts can be found below:
* The bar in red indicates where Grovy India's Days Inventory falls into.
Grovy India Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Grovy India's Days Inventory for the fiscal year that ended in Mar. 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.
Grovy India (BOM:539522) 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.
Grovy India'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.
Grovy India'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.
Grovy India Days Inventory Related Terms
Thank you for viewing the detailed overview of Grovy India's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Grovy India Ltd is engaged in the real estate and financial market business in India. It operates through the segments which include Construction Business (Property); Shares Trading (Equity Market) Business Auxilliary segment and Others. Share trading, which is the key revenue driver, includes trading of shares, commodities, currencies, mutual funds, and other financial instruments. The construction business is engaged in developing commercial, retail, and residential buildings. Its projects include Serviced Apartments-Rishikesh, Grovy Optiva-Noida, and Y-44 Hauz Khas, among others.
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