Ratnabhumi Developers (BOM:540796) Days Inventory : 285.86 (As of Sep. 2024)

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What is Ratnabhumi Developers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ratnabhumi Developers's Average Total Inventories for the three months ended in Sep. 2024 was ₹2,183 Mil. Ratnabhumi Developers's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹697 Mil. Hence, Ratnabhumi Developers's Days Inventory for the three months ended in Sep. 2024 was 285.86.

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

BOM:540796' s Days Inventory Range Over the Past 10 Years
Min: 286.78 Med: 924.19 Max: 2742.42
Current: 1135.33

During the past 12 years, Ratnabhumi Developers's highest Days Inventory was 2742.42. The lowest was 286.78. And the median was 924.19.

BOM:540796's Days Inventory is ranked worse than
63.54% of 1311 companies
in the Real Estate industry
Industry Median: 688.25 vs BOM:540796: 1135.33

Ratnabhumi Developers's Days Inventory increased from Sep. 2023 (0.00) to Sep. 2024 (285.86). It might indicate that Ratnabhumi Developers's sales slowed down.

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. Ratnabhumi Developers's Inventory Turnover for the three months ended in Sep. 2024 was 0.32.

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. Ratnabhumi Developers's Inventory-to-Revenue for the three months ended in Sep. 2024 was 2.71.

Ratnabhumi Developers Days Inventory Historical Data

The historical data trend for Ratnabhumi Developers'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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Ratnabhumi Developers Days Inventory Chart

Ratnabhumi Developers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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737.04

Ratnabhumi Developers Quarterly Data
	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															-	-	-	665.63	285.86

Competitive Comparison of Ratnabhumi Developers's Days Inventory

For the Real Estate Services subindustry, Ratnabhumi Developers'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.

Ratnabhumi Developers's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Ratnabhumi Developers's Days Inventory falls into.

Ratnabhumi Developers Days Inventory Calculation

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

Ratnabhumi Developers'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
=	( (2109.648	+	2987.441)	/	2 )	/	-472.798	*	365
=	2548.5445					/	-472.798	*	365
=	N/A

Ratnabhumi Developers'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: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	2183.268)	/	1 )	/	696.931	*	365 / 4
=	2183.268					/	696.931	*	365 / 4
=	285.86

Ratnabhumi Developers (BOM:540796) 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.

Ratnabhumi Developers's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	696.931	/	2183.268
	=	0.32

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.

Ratnabhumi Developers's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2183.268	/	804.855
	=	2.71

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.

Ratnabhumi Developers Days Inventory Related Terms

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

Ratnabhumi Developers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ratnabhumi Developers Ltd (BOM:540796) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Ambli - Bopal Road, Ratna Corporate House, Near Santoor Bungalows, Opposite lane of Parswa laxuria, Ahmedabad, GJ, IND, 380 058

Website

https://www.ratnagroup.co.in

Ratnabhumi Developers Ltd is engaged in the provision of real estate development services. The Company is involved in the business of construction of buildings and other construction-related services and renting services. Its experience varies from land acquisition, authority liaisoning, planned development, identification of project types and locations as well as construction, development, and maintenance of projects commissioned under residential, commercial, retail, plotting, or industrial.

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