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Suratwwala Business Group (BOM:543218) Days Inventory : 957.76 (As of Mar. 2024)


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What is Suratwwala Business Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Suratwwala Business Group's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,059.3 Mil. Suratwwala Business Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹100.9 Mil. Hence, Suratwwala Business Group's Days Inventory for the three months ended in Mar. 2024 was 957.76.

The historical rank and industry rank for Suratwwala Business Group's Days Inventory or its related term are showing as below:

BOM:543218' s Days Inventory Range Over the Past 10 Years
Min: 1321.11   Med: 1910.96   Max: 2697.82
Current: 1321.11

During the past 7 years, Suratwwala Business Group's highest Days Inventory was 2697.82. The lowest was 1321.11. And the median was 1910.96.

BOM:543218's Days Inventory is ranked worse than
68.61% of 1319 companies
in the Real Estate industry
Industry Median: 699.54 vs BOM:543218: 1321.11

Suratwwala Business Group's Days Inventory declined from Mar. 2023 (1,348.49) to Mar. 2024 (957.76).

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. Suratwwala Business Group's Inventory Turnover for the three months ended in Mar. 2024 was 0.10.

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. Suratwwala Business Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 5.03.


Suratwwala Business Group Days Inventory Historical Data

The historical data trend for Suratwwala Business Group'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.

Suratwwala Business Group Days Inventory Chart

Suratwwala Business Group Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 2,697.82 - - 1,326.28 1,344.62

Suratwwala Business Group Quarterly Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,348.49 1,331.64 1,568.78 1,657.09 957.76

Competitive Comparison of Suratwwala Business Group's Days Inventory

For the Real Estate - Development subindustry, Suratwwala Business Group'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.


Suratwwala Business Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Suratwwala Business Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Suratwwala Business Group's Days Inventory falls into.



Suratwwala Business Group Days Inventory Calculation

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

Suratwwala Business Group'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
=( (1031.194 + 1059.267) / 2 ) / 283.731*365
=1045.2305 / 283.731*365
=1,344.62

Suratwwala Business Group'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 + 1059.267) / 1 ) / 100.921*365 / 4
=1059.267 / 100.921*365 / 4
=957.76

* 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.


Suratwwala Business Group  (BOM:543218) 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.

Suratwwala Business Group's Inventory Turnover for the three months ended in Mar. 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.

Suratwwala Business Group's Inventory to Revenue for the three months ended in Mar. 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.


Suratwwala Business Group Days Inventory Related Terms

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


Suratwwala Business Group (BOM:543218) Business Description

Traded in Other Exchanges
Address
Off Karve Road, Erandwane, S. NO. 4/38, Sumangal Building Office No. 2, 1st Floor, Sahakar Colony behind SBI, Pune, MH, IND, 411004
Suratwwala Business Group Ltd is an integrated real estate development company focusing on development of residential and commercial projects in the Pune district. Its business activities comprise of development and sale of residential as well as commercial properties and the maintenance of the properties developed by the company.

Suratwwala Business Group (BOM:543218) Headlines

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