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Radaan Mediaworks India (BOM:590070) Days Inventory : 252.74 (As of Dec. 2023)


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What is Radaan Mediaworks India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Radaan Mediaworks India's Average Total Inventories for the three months ended in Dec. 2023 was ₹102.2 Mil. Radaan Mediaworks India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹36.9 Mil. Hence, Radaan Mediaworks India's Days Inventory for the three months ended in Dec. 2023 was 252.74.

The historical rank and industry rank for Radaan Mediaworks India's Days Inventory or its related term are showing as below:

BOM:590070' s Days Inventory Range Over the Past 10 Years
Min: 17.23   Med: 33.17   Max: 252.95
Current: 252.95

During the past 13 years, Radaan Mediaworks India's highest Days Inventory was 252.95. The lowest was 17.23. And the median was 33.17.

BOM:590070's Days Inventory is ranked worse than
90.7% of 656 companies
in the Media - Diversified industry
Industry Median: 25.75 vs BOM:590070: 252.95

Radaan Mediaworks India's Days Inventory increased from Dec. 2022 (112.03) to Dec. 2023 (252.74). It might indicate that Radaan Mediaworks India'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. Radaan Mediaworks India's Inventory Turnover for the three months ended in Dec. 2023 was 0.36.

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. Radaan Mediaworks India's Inventory-to-Revenue for the three months ended in Dec. 2023 was 2.52.


Radaan Mediaworks India Days Inventory Historical Data

The historical data trend for Radaan Mediaworks 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.

* Premium members only.

Radaan Mediaworks India Days Inventory Chart

Radaan Mediaworks India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.96 59.40 35.17 17.23 200.78

Radaan Mediaworks India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 112.03 391.90 468.39 274.18 252.74

Competitive Comparison of Radaan Mediaworks India's Days Inventory

For the Entertainment subindustry, Radaan Mediaworks 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.


Radaan Mediaworks India's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Radaan Mediaworks India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Radaan Mediaworks India's Days Inventory falls into.



Radaan Mediaworks India Days Inventory Calculation

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

Radaan Mediaworks India's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (8.274 + 80.63) / 2 ) / 80.811*365
=44.452 / 80.811*365
=200.78

Radaan Mediaworks India's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (102.232 + 0) / 1 ) / 36.91*365 / 4
=102.232 / 36.91*365 / 4
=252.74

* 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.


Radaan Mediaworks India  (BOM:590070) 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.

Radaan Mediaworks 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.

Radaan Mediaworks 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.


Radaan Mediaworks India Days Inventory Related Terms

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


Radaan Mediaworks India (BOM:590070) Business Description

Traded in Other Exchanges
Address
No. 14, Jayammal Road, Teynampet, Chennai, TN, IND, 600 018
Radaan Mediaworks India Ltd is a media entertainment company. It is engaged in producing content for tele-serials/films, digital content, web series, events, game shows, and others. The company also undertakes distribution activities, theatrical plays, and setting up training courses comprising acting, dance, martial arts, yoga, and others. The Company Operates in a single segment; Media and Entertainment. It generates revenues from the sale of advertising spots during the telecast of its program.

Radaan Mediaworks India (BOM:590070) Headlines

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