Garuda Construction and Engineering (BOM:544271) Days Inventory : 27.05 (As of Mar. 2024)

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What is Garuda Construction and Engineering Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Garuda Construction and Engineering's Average Total Inventories for the six months ended in Mar. 2024 was ₹70 Mil. Garuda Construction and Engineering's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹944 Mil. Hence, Garuda Construction and Engineering's Days Inventory for the six months ended in Mar. 2024 was 13.52.

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

BOM:544271' s Days Inventory Range Over the Past 10 Years
Min: 16.84 Med: 23.33 Max: 27.05
Current: 27.05

During the past 3 years, Garuda Construction and Engineering's highest Days Inventory was 27.05. The lowest was 16.84. And the median was 23.33.

BOM:544271's Days Inventory is ranked better than
61% of 1459 companies
in the Construction industry
Industry Median: 47.7 vs BOM:544271: 27.05

Garuda Construction and Engineering's Days Inventory increased from Mar. 2022 (23.33) to Mar. 2024 (27.05). It might indicate that Garuda Construction and Engineering's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Garuda Construction and Engineering's Inventory Turnover for the six months ended in Mar. 2024 was 13.50.

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. Garuda Construction and Engineering's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.05.

Garuda Construction and Engineering Days Inventory Historical Data

The historical data trend for Garuda Construction and Engineering'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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Garuda Construction and Engineering Days Inventory Chart

Garuda Construction and Engineering Annual Data

Trend

Mar22

Mar23

Mar24

Days Inventory

23.33

16.84

27.05

Garuda Construction and Engineering Semi-Annual Data
	Mar22	Mar23	Mar24
Days Inventory	23.33	16.84	27.05

Competitive Comparison of Garuda Construction and Engineering's Days Inventory

For the Engineering & Construction subindustry, Garuda Construction and Engineering'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.

Garuda Construction and Engineering's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Garuda Construction and Engineering's Days Inventory distribution charts can be found below:

* The bar in red indicates where Garuda Construction and Engineering's Days Inventory falls into.

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Garuda Construction and Engineering Days Inventory Calculation

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

Garuda Construction and Engineering'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
=	( (66.046	+	73.801)	/	2 )	/	943.656	*	365
=	69.9235					/	943.656	*	365
=	27.05

Garuda Construction and Engineering'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: Mar. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (66.046	+	73.801)	/	2 )	/	943.656	*	365 / 2
=	69.9235					/	943.656	*	365 / 2
=	13.52

Garuda Construction and Engineering (BOM:544271) 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.

Garuda Construction and Engineering's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	943.656	/	69.9235
	=	13.50

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.

Garuda Construction and Engineering's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	69.9235	/	1541.783
	=	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.

Garuda Construction and Engineering Days Inventory Related Terms

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

Garuda Construction and Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Garuda Construction and Engineering Ltd (BOM:544271) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GARUDA:India

Address

C -3 Block, 201, A Wing, Fortune 2000, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400 051

Website

https://www.garudaconstructionengineering.com

Garuda Construction and Engineering Ltd is a civil construction company. It provides end-to-end civil construction for residential, commercial, residential cum commercial, infrastructure and industrial projects and additional services for infrastructure and also hospitality projects, Wherein, civil construction includes the construction of residential, hospitality, industrial, infrastructural and commercial buildings, construction of concrete building structures and composite steel structures which are required for the civil construction. Its end-to-end civil construction starts with a detailed route survey, designing, detailed engineering, mobilization of resources, micro scheduling of construction activities, obtaining construction permissions and conducting soil/water testing.

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