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Global Vectra Helicorp (NSE:GLOBALVECT) Days Inventory : 25.92 (As of Dec. 2023)


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What is Global Vectra Helicorp Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Global Vectra Helicorp's Average Total Inventories for the three months ended in Dec. 2023 was ₹262 Mil. Global Vectra Helicorp's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹921 Mil. Hence, Global Vectra Helicorp's Days Inventory for the three months ended in Dec. 2023 was 25.92.

The historical rank and industry rank for Global Vectra Helicorp's Days Inventory or its related term are showing as below:

NSE:GLOBALVECT' s Days Inventory Range Over the Past 10 Years
Min: 19.87   Med: 25.47   Max: 38.71
Current: 22.14

During the past 13 years, Global Vectra Helicorp's highest Days Inventory was 38.71. The lowest was 19.87. And the median was 25.47.

NSE:GLOBALVECT's Days Inventory is ranked worse than
70.95% of 778 companies
in the Transportation industry
Industry Median: 11.545 vs NSE:GLOBALVECT: 22.14

Global Vectra Helicorp's Days Inventory declined from Dec. 2022 (29.00) to Dec. 2023 (25.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Global Vectra Helicorp's Inventory Turnover for the three months ended in Dec. 2023 was 3.52.

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. Global Vectra Helicorp's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.20.


Global Vectra Helicorp Days Inventory Historical Data

The historical data trend for Global Vectra Helicorp'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.

Global Vectra Helicorp Days Inventory Chart

Global Vectra Helicorp 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 19.87 23.21 28.95 26.93 24.01

Global Vectra Helicorp 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 29.00 15.88 25.68 28.20 25.92

Competitive Comparison of Global Vectra Helicorp's Days Inventory

For the Airports & Air Services subindustry, Global Vectra Helicorp'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.


Global Vectra Helicorp's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Global Vectra Helicorp's Days Inventory distribution charts can be found below:

* The bar in red indicates where Global Vectra Helicorp's Days Inventory falls into.



Global Vectra Helicorp Days Inventory Calculation

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

Global Vectra Helicorp'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
=( (240.99 + 254.281) / 2 ) / 3764.48*365
=247.6355 / 3764.48*365
=24.01

Global Vectra Helicorp'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
=( (261.585 + 0) / 1 ) / 921.016*365 / 4
=261.585 / 921.016*365 / 4
=25.92

* 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.


Global Vectra Helicorp  (NSE:GLOBALVECT) 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.

Global Vectra Helicorp'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.

Global Vectra Helicorp'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.


Global Vectra Helicorp Days Inventory Related Terms

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


Global Vectra Helicorp (NSE:GLOBALVECT) Business Description

Traded in Other Exchanges
Address
Hangar Number - C - He / Hf, Airports Authority of India, Civil Aerodrome, Juhu, Mumbai, MH, IND, 400056
Global Vectra Helicorp Ltd is engaged in providing helicopter services. The company provides onshore and offshore services for oil and gas operations, the productions sector, geophysical survey, corporate and VIP flights, aerial photography and filming, religious tourism, emergency services, underslung operations, and power grid maintenance. It operates in a single segment that is the provision of helicopter services in India. The company has its main maintenance base at Juhu Airport, Mumbai with sub-bases supporting onshore and offshore operations across the length and breadth of India.

Global Vectra Helicorp (NSE:GLOBALVECT) Headlines

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