Days Inventory is also known as Days Sales of Inventory (DSI). Art Nirman's Average Total Inventories for the
six
months ended in Mar. 2023 was ₹128.1 Mil. Art Nirman's Cost of Goods Sold for the
six
months ended in Mar. 2023 was ₹70.3 Mil.
Hence, Art Nirman's Days Inventory for the
six
months ended in Mar. 2023 was 332.44.
The historical rank and industry rank for Art Nirman's Days Inventory or its related term are showing as below:
NSE:ARTNIRMAN'
s Days Inventory Range Over the Past 10 Years
Min: 207.9 Med: 455.62 Max: 2391.52
Current: 456.16
During the past 12 years, Art Nirman's highest Days Inventory was 2391.52. The lowest was 207.90. And the median was 455.62.
NSE:ARTNIRMAN's Days Inventory is ranked better than 59.61% of 1322
companies
in the Real Estate industry
Industry Median: 693.34
vs NSE:ARTNIRMAN: 456.16
Art Nirman's Days Inventory
increased
from Mar. 2022 (190.59) to Mar. 2023 (332.44).
It might indicate that Art Nirman'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.
Art Nirman's Inventory Turnover for the
six
months ended in Mar. 2023 was 0.55.
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.
Art Nirman's Inventory-to-Revenue for the
six
months ended in Mar. 2023 was 1.01.
Art Nirman Days Inventory Historical Data
The historical data trend for Art Nirman'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.
Competitive Comparison of Art Nirman's Days Inventory
For the Real Estate - Development subindustry, Art Nirman'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.
Art Nirman's Days Inventory Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Art Nirman's Days Inventory distribution charts can be found below:
* The bar in red indicates where Art Nirman's Days Inventory falls into.
Art Nirman Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Art Nirman's Days Inventory for the fiscal year that ended in Mar. 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.
Art Nirman (NSE:ARTNIRMAN) 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.
Art Nirman's Inventory Turnover for the
six
months ended in Mar. 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.
Art Nirman's Inventory to Revenue for the
six
months ended in Mar. 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.
Art Nirman Days Inventory Related Terms
Thank you for viewing the detailed overview of Art Nirman's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Art Nirman Ltd is engaged in the construction of residential and commercial buildings in India. Its residential projects include Affordable housing, luxurious flat, and towers as well as luxurious bungalows and its commercial projects comprise office spaces as well as showrooms and shops. The company operates only in India. It operates in one segment namely Real Estate.
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