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HEC Infra Projects (NSE:HECPROJECT) Days Inventory : 259.83 (As of Sep. 2023)


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What is HEC Infra Projects Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). HEC Infra Projects's Average Total Inventories for the three months ended in Sep. 2023 was ₹143.7 Mil. HEC Infra Projects's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹50.5 Mil. Hence, HEC Infra Projects's Days Inventory for the three months ended in Sep. 2023 was 259.83.

The historical rank and industry rank for HEC Infra Projects's Days Inventory or its related term are showing as below:

NSE:HECPROJECT' s Days Inventory Range Over the Past 10 Years
Min: 30.63   Med: 105.75   Max: 936.46
Current: 936.46

During the past 10 years, HEC Infra Projects's highest Days Inventory was 936.46. The lowest was 30.63. And the median was 105.75.

NSE:HECPROJECT's Days Inventory is ranked worse than
96.98% of 1393 companies
in the Construction industry
Industry Median: 49.2 vs NSE:HECPROJECT: 936.46

HEC Infra Projects's Days Inventory increased from Dec. 2021 (184.30) to Sep. 2023 (259.83). It might indicate that HEC Infra Projects'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. HEC Infra Projects's Inventory Turnover for the three months ended in Sep. 2023 was 0.35.

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. HEC Infra Projects's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.94.


HEC Infra Projects Days Inventory Historical Data

The historical data trend for HEC Infra Projects'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.

HEC Infra Projects Days Inventory Chart

HEC Infra Projects 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 238.87 236.31 225.26 245.16 132.29

HEC Infra Projects Quarterly Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Mar23 Sep23 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 155.05 256.11 - 259.83 -

Competitive Comparison of HEC Infra Projects's Days Inventory

For the Engineering & Construction subindustry, HEC Infra Projects'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.


HEC Infra Projects's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where HEC Infra Projects's Days Inventory falls into.



HEC Infra Projects Days Inventory Calculation

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

HEC Infra Projects'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
=( (157.919 + 101.02) / 2 ) / 357.227*365
=129.4695 / 357.227*365
=132.29

HEC Infra Projects's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (157.919 + 129.434) / 2 ) / 50.458*365 / 4
=143.6765 / 50.458*365 / 4
=259.83

* 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.


HEC Infra Projects  (NSE:HECPROJECT) 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.

HEC Infra Projects's Inventory Turnover for the three months ended in Sep. 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.

HEC Infra Projects's Inventory to Revenue for the three months ended in Sep. 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.


HEC Infra Projects Days Inventory Related Terms

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


HEC Infra Projects (NSE:HECPROJECT) Business Description

Traded in Other Exchanges
N/A
Address
Plot Cross Road, Sindhu Bhavan Road, Sigma-1 Corporates, Corporate House No. 6, Near Maan Party, Bodakdev, Ahmedabad, GJ, IND, 380054
HEC Infra Projects Ltd is an Engineering, Procurement and Construction Company (EPC) Contractor in the Electro-Mechanical and Instrumentation Projects. The company services include switchyards; overhead transmission; substations, underground cable lying; Industrial and commercial electrification, battery energy storage system and mini / micro grid Solar projects water pumping stations; solar park; rooftop solar; indoor and outdoor lighting; security; fire alarm systems and others. It serves Steel, Chemical, Cement, Refineries, Petrochemicals, Gas and Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Banks, Malls, Call Centers, Software Park; and other industries. It is engaged in the EPC Electro-Mechanical Project Business which is their only segment.

HEC Infra Projects (NSE:HECPROJECT) Headlines

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