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GTL Infrastructure (NSE:GTLINFRA) Days Inventory : 1.64 (As of Mar. 2024)


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What is GTL Infrastructure Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GTL Infrastructure's Average Total Inventories for the three months ended in Mar. 2024 was ₹40 Mil. GTL Infrastructure's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,240 Mil. Hence, GTL Infrastructure's Days Inventory for the three months ended in Mar. 2024 was 1.64.

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

NSE:GTLINFRA' s Days Inventory Range Over the Past 10 Years
Min: 0.23   Med: 1.18   Max: 2.04
Current: 1.93

During the past 13 years, GTL Infrastructure's highest Days Inventory was 2.04. The lowest was 0.23. And the median was 1.18.

NSE:GTLINFRA's Days Inventory is ranked better than
99.5% of 2409 companies
in the Hardware industry
Industry Median: 101.78 vs NSE:GTLINFRA: 1.93

GTL Infrastructure's Days Inventory declined from Mar. 2023 (2.04) to Mar. 2024 (1.64).

Inventory Turnover measures how fast the company turns over its inventory within a year. GTL Infrastructure's Inventory Turnover for the three months ended in Mar. 2024 was 55.72.

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. GTL Infrastructure's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.


GTL Infrastructure Days Inventory Historical Data

The historical data trend for GTL 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.

GTL Infrastructure Days Inventory Chart

GTL Infrastructure 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 1.21 1.31 1.73 2.04 1.95

GTL Infrastructure 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 2.04 2.16 1.94 1.98 1.64

Competitive Comparison of GTL Infrastructure's Days Inventory

For the Communication Equipment subindustry, GTL 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.


GTL Infrastructure's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GTL Infrastructure's Days Inventory distribution charts can be found below:

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



GTL Infrastructure Days Inventory Calculation

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

GTL 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
=( (44.7 + 40.2) / 2 ) / 7951.8*365
=42.45 / 7951.8*365
=1.95

GTL 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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 40.2) / 1 ) / 2239.9*365 / 4
=40.2 / 2239.9*365 / 4
=1.64

* 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.


GTL Infrastructure  (NSE:GTLINFRA) 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.

GTL Infrastructure'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.

GTL Infrastructure'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.


GTL Infrastructure Days Inventory Related Terms

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


GTL Infrastructure (NSE:GTLINFRA) Business Description

Traded in Other Exchanges
Address
29 Walchand Hirachand Marg, 412, Janmabhoomi Chambers, Ballard Estate, Mumbai, MH, IND, 400 001
GTL Infrastructure Ltd is a telecom tower company operational in India. It provides passive infrastructure on a shared basis to telecom operators. The firm's business model is based on building, owning, operating and maintaining the passive telecom infrastructure sites capable of hosting multiple service providers. It also associates with projects being promoted by the department of telecommunications and cellular operators association of India.

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