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Ashiana Housing (NSE:ASHIANA) Days Inventory : 601.54 (As of Mar. 2024)


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What is Ashiana Housing Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ashiana Housing's Average Total Inventories for the three months ended in Mar. 2024 was ₹15,260 Mil. Ashiana Housing's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,315 Mil. Hence, Ashiana Housing's Days Inventory for the three months ended in Mar. 2024 was 601.54.

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

NSE:ASHIANA' s Days Inventory Range Over the Past 10 Years
Min: 664.28   Med: 1158.54   Max: 2664.09
Current: 777.94

During the past 13 years, Ashiana Housing's highest Days Inventory was 2664.09. The lowest was 664.28. And the median was 1158.54.

NSE:ASHIANA's Days Inventory is ranked worse than
53.87% of 1318 companies
in the Real Estate industry
Industry Median: 699.07 vs NSE:ASHIANA: 777.94

Ashiana Housing's Days Inventory declined from Mar. 2023 (1,808.40) to Mar. 2024 (601.54).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ashiana Housing's Inventory Turnover for the three months ended in Mar. 2024 was 0.15.

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. Ashiana Housing's Inventory-to-Revenue for the three months ended in Mar. 2024 was 5.25.


Ashiana Housing Days Inventory Historical Data

The historical data trend for Ashiana Housing'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.

Ashiana Housing Days Inventory Chart

Ashiana Housing Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 994.94 1,461.99 2,472.31 1,807.12 775.77

Ashiana Housing Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,808.40 1,583.82 509.35 1,130.60 601.54

Competitive Comparison of Ashiana Housing's Days Inventory

For the Real Estate - Development subindustry, Ashiana Housing'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.


Ashiana Housing's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Ashiana Housing's Days Inventory falls into.



Ashiana Housing Days Inventory Calculation

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

Ashiana Housing'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
=( (15289.266 + 15262.9) / 2 ) / 7187.4*365
=15276.083 / 7187.4*365
=775.77

Ashiana Housing'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
=( (15256.3 + 15262.9) / 2 ) / 2314.8*365 / 4
=15259.6 / 2314.8*365 / 4
=601.54

* 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.


Ashiana Housing  (NSE:ASHIANA) 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.

Ashiana Housing's Inventory Turnover for the three months ended in Mar. 2024 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.

Ashiana Housing's Inventory to Revenue for the three months ended in Mar. 2024 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.


Ashiana Housing Days Inventory Related Terms

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


Ashiana Housing (NSE:ASHIANA) Business Description

Traded in Other Exchanges
Address
304, Southern Park, Saket District Centre, Saket, New Delhi, IND, 110 017
Ashiana Housing Ltd is an India based real estate development company. It is engaged in the development of comfort homes and senior living. Some of its projects include Ashiana town, Ashiana tarang, Ashiana surbhi, Ashiana navrang, Ashiana anantara, Ashiana anmol, Ashiana nirmay, and Ashiana shubham. The group's operations are located in India.

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