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Bigbloc Construction (NSE:BIGBLOC) Days Inventory : 54.64 (As of Dec. 2023)


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What is Bigbloc Construction Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bigbloc Construction's Average Total Inventories for the three months ended in Dec. 2023 was ₹137 Mil. Bigbloc Construction's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹229 Mil. Hence, Bigbloc Construction's Days Inventory for the three months ended in Dec. 2023 was 54.64.

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

NSE:BIGBLOC' s Days Inventory Range Over the Past 10 Years
Min: 26.71   Med: 46.14   Max: 87.98
Current: 34.82

During the past 8 years, Bigbloc Construction's highest Days Inventory was 87.98. The lowest was 26.71. And the median was 46.14.

NSE:BIGBLOC's Days Inventory is ranked better than
57.23% of 1396 companies
in the Construction industry
Industry Median: 48.6 vs NSE:BIGBLOC: 34.82

Bigbloc Construction's Days Inventory increased from Dec. 2022 (34.38) to Dec. 2023 (54.64). It might indicate that Bigbloc Construction's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bigbloc Construction's Inventory Turnover for the three months ended in Dec. 2023 was 1.67.

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. Bigbloc Construction's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.22.


Bigbloc Construction Days Inventory Historical Data

The historical data trend for Bigbloc Construction'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.

Bigbloc Construction Days Inventory Chart

Bigbloc Construction Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial 43.60 38.68 48.67 26.71 30.88

Bigbloc Construction 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 34.38 21.58 49.88 60.04 54.64

Competitive Comparison of Bigbloc Construction's Days Inventory

For the Building Products & Equipment subindustry, Bigbloc Construction'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.


Bigbloc Construction's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Bigbloc Construction's Days Inventory falls into.



Bigbloc Construction Days Inventory Calculation

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

Bigbloc Construction'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
=( (62.916 + 110.194) / 2 ) / 1022.916*365
=86.555 / 1022.916*365
=30.88

Bigbloc Construction'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
=( (137.107 + 0) / 1 ) / 228.981*365 / 4
=137.107 / 228.981*365 / 4
=54.64

* 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.


Bigbloc Construction  (NSE:BIGBLOC) 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.

Bigbloc Construction'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.

Bigbloc Construction'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.


Bigbloc Construction Days Inventory Related Terms

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


Bigbloc Construction (NSE:BIGBLOC) Business Description

Traded in Other Exchanges
Address
Dumas Road, Office No. 908, 9th Floor, Rajhans Montessa, Magdalla, Surat, GJ, IND, 395007
Bigbloc Construction Ltd is engaged in the business of manufacturing building blocks and AAC (Aerated Autoclave Concrete) Bricks. AAC blocks are a high quality building material that offers a unique combination of strength, low weight, thermal insulation, sound absorption, unsurpassed fire resistance and unprecedented build ability. AAC is a natural and non-toxic construction material, saves energy, and is friendly to the environment. The company supplies to few of the largest Builders and Contractors in India like L&T, Lodha, Indiabulls, Runwal and many others.

Bigbloc Construction (NSE:BIGBLOC) Headlines

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