Indiabulls Enterprises (BOM:543715) Days Inventory : 10.27 (As of Mar. 2024)

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What is Indiabulls Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Indiabulls Enterprises's Average Total Inventories for the three months ended in Mar. 2024 was ₹6.1 Mil. Indiabulls Enterprises's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹54.2 Mil. Hence, Indiabulls Enterprises's Days Inventory for the three months ended in Mar. 2024 was 10.27.

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

BOM:543715' s Days Inventory Range Over the Past 10 Years
Min: 11.4 Med: 14.72 Max: 22.87
Current: 11.4

During the past 3 years, Indiabulls Enterprises's highest Days Inventory was 22.87. The lowest was 11.40. And the median was 14.72.

BOM:543715's Days Inventory is ranked better than
66.18% of 683 companies
in the Business Services industry
Industry Median: 28.55 vs BOM:543715: 11.40

Indiabulls Enterprises's Days Inventory declined from Mar. 2023 (15.87) to Mar. 2024 (10.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Indiabulls Enterprises's Inventory Turnover for the three months ended in Mar. 2024 was 8.89.

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. Indiabulls Enterprises's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.05.

Indiabulls Enterprises Days Inventory Historical Data

The historical data trend for Indiabulls Enterprises'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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Indiabulls Enterprises Days Inventory Chart

Indiabulls Enterprises Annual Data

Trend

Mar22

Mar23

Mar24

Days Inventory

14.72

22.87

12.96

Indiabulls Enterprises Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial				15.87	14.80	8.53	8.43	10.27

Competitive Comparison of Indiabulls Enterprises's Days Inventory

For the Rental & Leasing Services subindustry, Indiabulls Enterprises'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.

Indiabulls Enterprises's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Indiabulls Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where Indiabulls Enterprises's Days Inventory falls into.

Indiabulls Enterprises Days Inventory Calculation

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

Indiabulls Enterprises'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
=	( (9.6	+	6.1)	/	2 )	/	221	*	365
=	7.85					/	221	*	365
=	12.96

Indiabulls Enterprises'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	+	6.1)	/	1 )	/	54.2	*	365 / 4
=	6.1					/	54.2	*	365 / 4
=	10.27

Indiabulls Enterprises (BOM:543715) 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.

Indiabulls Enterprises's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	54.2	/	6.1
	=	8.89

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.

Indiabulls Enterprises's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.1	/	134.4
	=	0.05

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.

Indiabulls Enterprises Days Inventory Related Terms

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

Indiabulls Enterprises (BOM:543715) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Indiabulls Enterprises Ltd (BOM:543715) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

IEL:India

Address

5th floor, Plot No. 108, IT Park, Udyog Vihar, Phase 1, Gurugram, HR, IND, 122016

Website

https://www.indiabullsenterprises.com

Indiabulls Enterprises Ltd is a construction and infrastructure equipment rental company. The company has two reportable segments which is as follows Equipment renting services and Management and maintenance services. The company's rentals include complete operation and maintenance expenses and an experienced operating crew, who work within the norms of safety, environment and quality.

Indiabulls Enterprises (BOM:543715) Headlines

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