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Rachana Infrastructure (NSE:RILINFRA) Days Inventory : 12.59 (As of Mar. 2024)


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What is Rachana Infrastructure Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rachana Infrastructure's Average Total Inventories for the six months ended in Mar. 2024 was ₹36.7 Mil. Rachana Infrastructure's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹531.9 Mil. Hence, Rachana Infrastructure's Days Inventory for the six months ended in Mar. 2024 was 12.59.

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

NSE:RILINFRA' s Days Inventory Range Over the Past 10 Years
Min: 6.98   Med: 16.78   Max: 33.64
Current: 19

During the past 6 years, Rachana Infrastructure's highest Days Inventory was 33.64. The lowest was 6.98. And the median was 16.78.

NSE:RILINFRA's Days Inventory is ranked better than
67.48% of 1393 companies
in the Construction industry
Industry Median: 49.2 vs NSE:RILINFRA: 19.00

Rachana Infrastructure's Days Inventory declined from Mar. 2023 (25.69) to Mar. 2024 (12.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rachana Infrastructure's Inventory Turnover for the six months ended in Mar. 2024 was 14.50.

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. Rachana Infrastructure's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.06.


Rachana Infrastructure Days Inventory Historical Data

The historical data trend for Rachana Infrastructure'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.

Rachana Infrastructure Days Inventory Chart

Rachana Infrastructure Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 6.98 13.80 32.29 33.64 19.76

Rachana Infrastructure Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only 27.70 44.99 25.69 35.46 12.59

Competitive Comparison of Rachana Infrastructure's Days Inventory

For the Infrastructure Operations subindustry, Rachana Infrastructure'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.


Rachana Infrastructure's Days Inventory Distribution in the Construction Industry

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

* The bar in red indicates where Rachana Infrastructure's Days Inventory falls into.



Rachana Infrastructure Days Inventory Calculation

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

Rachana Infrastructure'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
=( (39.33 + 38.863) / 2 ) / 721.999*365
=39.0965 / 721.999*365
=19.76

Rachana Infrastructure'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (34.529 + 38.863) / 2 ) / 531.923*365 / 2
=36.696 / 531.923*365 / 2
=12.59

* 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.


Rachana Infrastructure  (NSE:RILINFRA) 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.

Rachana Infrastructure's Inventory Turnover for the six 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.

Rachana Infrastructure's Inventory to Revenue for the six 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.


Rachana Infrastructure Days Inventory Related Terms

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


Rachana Infrastructure (NSE:RILINFRA) Business Description

Traded in Other Exchanges
N/A
Address
Croma Cross Road, Off. Sindhubhavan Road, 604, 6th Floor, Zion Z-One, Near Hotel Avalon, Bodakdev, Ahmedabad, GJ, IND, 380054
Rachana Infrastructure Ltd is engaged in the business of Construction of Road projects on a Bill of Quantities and EPC basis. The company operates in two business segments; Road and Highway Construction projects; Trading and Quarry Mining.

Rachana Infrastructure (NSE:RILINFRA) Headlines

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