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CESC (BOM:500084) Days Inventory : 25.96 (As of Dec. 2023)


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What is CESC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CESC's Average Total Inventories for the three months ended in Dec. 2023 was ₹6,150 Mil. CESC's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹21,620 Mil. Hence, CESC's Days Inventory for the three months ended in Dec. 2023 was 25.96.

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

BOM:500084' s Days Inventory Range Over the Past 10 Years
Min: 24.81   Med: 38.59   Max: 68.44
Current: 24.81

During the past 13 years, CESC's highest Days Inventory was 68.44. The lowest was 24.81. And the median was 38.59.

BOM:500084's Days Inventory is ranked worse than
52.38% of 462 companies
in the Utilities - Regulated industry
Industry Median: 23.41 vs BOM:500084: 24.81

CESC's Days Inventory declined from Dec. 2022 (28.57) to Dec. 2023 (25.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. CESC'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. CESC's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.19.


CESC Days Inventory Historical Data

The historical data trend for CESC'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.

CESC Days Inventory Chart

CESC 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 39.00 37.21 37.32 31.12 28.99

CESC 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 28.57 34.63 28.44 19.00 25.96

Competitive Comparison of CESC's Days Inventory

For the Utilities - Regulated Electric subindustry, CESC'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.


CESC's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, CESC's Days Inventory distribution charts can be found below:

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



CESC Days Inventory Calculation

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

CESC'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
=( (6594.2 + 8802.2) / 2 ) / 96940.9*365
=7698.2 / 96940.9*365
=28.99

CESC'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
=( (6150 + 0) / 1 ) / 21620*365 / 4
=6150 / 21620*365 / 4
=25.96

* 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.


CESC  (BOM:500084) 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.

CESC'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.

CESC'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.


CESC Days Inventory Related Terms

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


CESC (BOM:500084) Business Description

Traded in Other Exchanges
Address
CESC House, Chowringhee Square, Kolkata, WB, IND, 700 001
CESC Ltd is an Indian power utility company engaged in the generation and distribution of electricity. The company owns and operates a portfolio of energy-generating facilities that primarily utilize thermal fuel sources, such as coal. CESC sources its coal mainly from Indian mines either allocated to it by the Government of India or purchased in the marketplace. The company has also made efforts to expand its capacity through renewable energy sites that employ wind, hydro, and solar power. CESC generates the vast majority of its revenue from the sale of electricity to consumer households and commercial establishments in the state of West Bengal in India. Through its subsidiaries, the company is also involved in the retail, business process management, and infrastructure sectors.

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