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Industrial Investment Trust (NSE:IITL) Days Inventory : 42.44 (As of Mar. 2024)


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What is Industrial Investment Trust Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Industrial Investment Trust's Average Total Inventories for the three months ended in Mar. 2024 was ₹6.4 Mil. Industrial Investment Trust's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹13.8 Mil. Hence, Industrial Investment Trust's Days Inventory for the three months ended in Mar. 2024 was 42.44.

The historical rank and industry rank for Industrial Investment Trust's Days Inventory or its related term are showing as below:

NSE:IITL' s Days Inventory Range Over the Past 10 Years
Min: 111.55   Med: 593.06   Max: 1257.02
Current: 111.55

During the past 13 years, Industrial Investment Trust's highest Days Inventory was 1257.02. The lowest was 111.55. And the median was 593.06.

NSE:IITL's Days Inventory is ranked worse than
66.33% of 98 companies
in the Credit Services industry
Industry Median: 43.015 vs NSE:IITL: 111.55

Industrial Investment Trust's Days Inventory declined from Mar. 2023 (196.09) to Mar. 2024 (42.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. Industrial Investment Trust's Inventory Turnover for the three months ended in Mar. 2024 was 2.15.

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. Industrial Investment Trust's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.11.


Industrial Investment Trust Days Inventory Historical Data

The historical data trend for Industrial Investment Trust'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.

Industrial Investment Trust Days Inventory Chart

Industrial Investment Trust 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 548.18 996.57 509.62 390.40 111.55

Industrial Investment Trust 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 196.09 215.58 103.53 109.29 42.44

Competitive Comparison of Industrial Investment Trust's Days Inventory

For the Credit Services subindustry, Industrial Investment Trust'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.


Industrial Investment Trust's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Industrial Investment Trust's Days Inventory distribution charts can be found below:

* The bar in red indicates where Industrial Investment Trust's Days Inventory falls into.



Industrial Investment Trust Days Inventory Calculation

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

Industrial Investment Trust'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
=( (24.835 + 6.419) / 2 ) / 51.132*365
=15.627 / 51.132*365
=111.55

Industrial Investment Trust'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
=( (0 + 6.419) / 1 ) / 13.801*365 / 4
=6.419 / 13.801*365 / 4
=42.44

* 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.


Industrial Investment Trust  (NSE:IITL) 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.

Industrial Investment Trust'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.

Industrial Investment Trust'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.


Industrial Investment Trust Days Inventory Related Terms

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


Industrial Investment Trust (NSE:IITL) Business Description

Traded in Other Exchanges
Address
Bandra Kurla Complex, Office No.101A, The Capital, B wing, G Block, Plot No. C-70, Bandra (East), Mumbai, MH, IND, 400051
Industrial Investment Trust Ltd is a non-banking financial company. Its operations are into the segments of Investment Activities, Insurance Broking, Real Estate Activities, Investment Brokerage Services and others. A majority of its revenue is derived from the Investment Activities segment. The company operates only in India.

Industrial Investment Trust (NSE:IITL) Headlines

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