Arkade Developers (NSE:ARKADE) Days Inventory : 504.39 (As of Sep. 2024)

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What is Arkade Developers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arkade Developers's Average Total Inventories for the six months ended in Sep. 2024 was ₹5,469 Mil. Arkade Developers's Cost of Goods Sold for the six months ended in Sep. 2024 was ₹1,979 Mil. Hence, Arkade Developers's Days Inventory for the six months ended in Sep. 2024 was 504.39.

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

NSE:ARKADE' s Days Inventory Range Over the Past 10 Years
Min: 420.47 Med: 835.93 Max: 1121.53
Current: 449.69

During the past 4 years, Arkade Developers's highest Days Inventory was 1121.53. The lowest was 420.47. And the median was 835.93.

NSE:ARKADE's Days Inventory is ranked better than
61.07% of 1310 companies
in the Real Estate industry
Industry Median: 690.42 vs NSE:ARKADE: 449.69

Arkade Developers's Days Inventory increased from Sep. 2023 (499.18) to Sep. 2024 (504.39). It might indicate that Arkade Developers's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arkade Developers's Inventory Turnover for the six months ended in Sep. 2024 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. Arkade Developers's Inventory-to-Revenue for the six months ended in Sep. 2024 was 1.67.

Arkade Developers Days Inventory Historical Data

The historical data trend for Arkade 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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Arkade Developers Days Inventory Chart

Arkade Developers Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Days Inventory

1,121.53

573.99

1,097.86

420.47

Arkade Developers Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial			-	-	499.18	361.92	504.39

Competitive Comparison of Arkade Developers's Days Inventory

For the Real Estate - Development subindustry, Arkade 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.

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

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

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

Arkade Developers Days Inventory Calculation

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

Arkade 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
=	( (5005.26	+	4879.02)	/	2 )	/	4290.2	*	365
=	4942.14					/	4290.2	*	365
=	420.47

Arkade 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: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (4879.02	+	6059.237)	/	2 )	/	1978.849	*	365 / 2
=	5469.1285					/	1978.849	*	365 / 2
=	504.39

Arkade Developers (NSE:ARKADE) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1978.849	/	5469.1285
	=	0.36

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5469.1285	/	3270.263
	=	1.67

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.

Arkade Developers Days Inventory Related Terms

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

Arkade Developers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arkade Developers Ltd (NSE:ARKADE) » Definitions » Days Inventory

Traded in Other Exchanges

544261:India

Address

A S Marg, Ashok Nagar, Arkade House, Opposite Bhoomi Arkade, Near Children’s Academy, Kandivali (East), Mumbai, MH, IND, 400101

Website

https://www.arkade.in

Arkade Developers Ltd is a real estate development company focused on developing high-end, sophisticated lifestyle residential developments in Mumbai, Maharashtra. The company's business can be divided into two segments namely Development/construction of residential buildings on land acquired by the company (new projects); and Redevelopment of existing buildings (Redevelopment Projects). The company is involved in the development of new projects and the redevelopment of existing buildings.

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