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Bharti Airtel (NSE:BHARTIARTL) Days Inventory : 2.48 (As of Dec. 2023)


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What is Bharti Airtel Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bharti Airtel's Average Total Inventories for the three months ended in Dec. 2023 was ₹3,386 Mil. Bharti Airtel's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹124,699 Mil. Hence, Bharti Airtel's Days Inventory for the three months ended in Dec. 2023 was 2.48.

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

NSE:BHARTIARTL' s Days Inventory Range Over the Past 10 Years
Min: 0.58   Med: 1.26   Max: 2.58
Current: 1.95

During the past 13 years, Bharti Airtel's highest Days Inventory was 2.58. The lowest was 0.58. And the median was 1.26.

NSE:BHARTIARTL's Days Inventory is ranked better than
94.24% of 295 companies
in the Telecommunication Services industry
Industry Median: 19.27 vs NSE:BHARTIARTL: 1.95

Bharti Airtel's Days Inventory increased from Dec. 2022 (1.85) to Dec. 2023 (2.48). It might indicate that Bharti Airtel's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bharti Airtel's Inventory Turnover for the three months ended in Dec. 2023 was 36.83.

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. Bharti Airtel's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.


Bharti Airtel Days Inventory Historical Data

The historical data trend for Bharti Airtel'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.

Bharti Airtel Days Inventory Chart

Bharti Airtel 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 0.72 1.15 1.78 2.58 2.25

Bharti Airtel 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 1.85 1.52 1.90 2.53 2.48

Competitive Comparison of Bharti Airtel's Days Inventory

For the Telecom Services subindustry, Bharti Airtel'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.


Bharti Airtel's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bharti Airtel's Days Inventory distribution charts can be found below:

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



Bharti Airtel Days Inventory Calculation

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

Bharti Airtel'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
=( (3750 + 2576) / 2 ) / 512726*365
=3163 / 512726*365
=2.25

Bharti Airtel'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
=( (3386 + 0) / 1 ) / 124699*365 / 4
=3386 / 124699*365 / 4
=2.48

* 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.


Bharti Airtel  (NSE:BHARTIARTL) 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.

Bharti Airtel'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.

Bharti Airtel'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.


Bharti Airtel Days Inventory Related Terms

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


Bharti Airtel (NSE:BHARTIARTL) Business Description

Traded in Other Exchanges
Address
1, Nelson Mandela Road, Bharti Crescent, Phase II, Vasant Kunj, New Delhi, IND, 110 070
Bharti Airtel Ltd is a telecommunications company. The company's segment includes Mobile Services India; Mobile Services Africa; Mobile Services South Asia; Airtel Business; Tower Infrastructure Services; Homes Services; Digital TV Services and others. It generates maximum revenue from the Mobile Services India segment. Mobile Services India services cover voice and data telecom services provided through wireless technology (2G / 3G / 4G) in India. It includes the captive national long distance networks which primarily provide connectivity to the mobile services business in India. It also includes intra-city fibre networks.

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