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NLC India (BOM:513683) Days Inventory : 580.81 (As of Mar. 2024)


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What is NLC India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NLC India's Average Total Inventories for the three months ended in Mar. 2024 was ₹14,836 Mil. NLC India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,331 Mil. Hence, NLC India's Days Inventory for the three months ended in Mar. 2024 was 580.81.

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

BOM:513683' s Days Inventory Range Over the Past 10 Years
Min: 133.16   Med: 231.29   Max: 506.45
Current: 506.45

During the past 13 years, NLC India's highest Days Inventory was 506.45. The lowest was 133.16. And the median was 231.29.

BOM:513683's Days Inventory is ranked worse than
98.7% of 462 companies
in the Utilities - Regulated industry
Industry Median: 23.41 vs BOM:513683: 506.45

NLC India's Days Inventory increased from Dec. 2022 (179.69) to Mar. 2024 (580.81). It might indicate that NLC India'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. NLC India's Inventory Turnover for the three months ended in Mar. 2024 was 0.16.

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. NLC India's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.42.


NLC India Days Inventory Historical Data

The historical data trend for NLC India'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.

NLC India Days Inventory Chart

NLC India 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 200.91 183.80 133.16 180.80 323.30

NLC India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 179.69 217.40 394.21 262.19 580.81

Competitive Comparison of NLC India's Days Inventory

For the Utilities - Regulated Electric subindustry, NLC India'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.


NLC India's Days Inventory Distribution in the Utilities - Regulated Industry

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

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



NLC India Days Inventory Calculation

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

NLC India'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
=( (11825.1 + 14836.3) / 2 ) / 15050*365
=13330.7 / 15050*365
=323.30

NLC India'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 + 14836.3) / 1 ) / 2330.9*365 / 4
=14836.3 / 2330.9*365 / 4
=580.81

* 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.


NLC India  (BOM:513683) 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.

NLC India'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.

NLC India'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.


NLC India Days Inventory Related Terms

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


NLC India (BOM:513683) Business Description

Traded in Other Exchanges
Address
Block - 1, Neyveli, Neyveli, Cuddalore, TN, IND, 607801
NLC India Ltd is an energy company. The company has two reportable segments namely the Mining segment which is engaged in the mining of lignite and the Power generation segment which is engaged in the generation and sale of power utilities across the country. The power is generated from Thermal Power Stations and renewable energy sources such as wind and solar. It generates maximum revenue from the Power generation segment. It also engaged in providing consultancy and management services relating to mining and power generation.

NLC India (BOM:513683) Headlines

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