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Jyoti Structures (BOM:513250) Days Inventory : 71.67 (As of Sep. 2023)


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What is Jyoti Structures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jyoti Structures's Average Total Inventories for the three months ended in Sep. 2023 was ₹521 Mil. Jyoti Structures's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹664 Mil. Hence, Jyoti Structures's Days Inventory for the three months ended in Sep. 2023 was 71.67.

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

BOM:513250' s Days Inventory Range Over the Past 10 Years
Min: 52.98   Med: 118.65   Max: 2334.17
Current: 87.94

During the past 13 years, Jyoti Structures's highest Days Inventory was 2334.17. The lowest was 52.98. And the median was 118.65.

BOM:513250's Days Inventory is ranked better than
69.12% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs BOM:513250: 87.94

Jyoti Structures's Days Inventory declined from Jun. 2022 (150.21) to Sep. 2023 (71.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Jyoti Structures's Inventory Turnover for the three months ended in Sep. 2023 was 1.27.

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. Jyoti Structures's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.64.


Jyoti Structures Days Inventory Historical Data

The historical data trend for Jyoti Structures'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.

Jyoti Structures Days Inventory Chart

Jyoti Structures 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 144.75 768.91 2,334.17 437.51 90.56

Jyoti Structures Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 150.21 309.35 - 40.53 71.67

Competitive Comparison of Jyoti Structures's Days Inventory

For the Specialty Industrial Machinery subindustry, Jyoti Structures'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.


Jyoti Structures's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jyoti Structures's Days Inventory distribution charts can be found below:

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



Jyoti Structures Days Inventory Calculation

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

Jyoti Structures'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
=( (246.912 + 726.123) / 2 ) / 1960.972*365
=486.5175 / 1960.972*365
=90.56

Jyoti Structures's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 521.384) / 1 ) / 663.789*365 / 4
=521.384 / 663.789*365 / 4
=71.67

* 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.


Jyoti Structures  (BOM:513250) 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.

Jyoti Structures's Inventory Turnover for the three months ended in Sep. 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.

Jyoti Structures's Inventory to Revenue for the three months ended in Sep. 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.


Jyoti Structures Days Inventory Related Terms

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


Jyoti Structures (BOM:513250) Business Description

Traded in Other Exchanges
Address
New Link Road, 6th Floor, Valecha Chambers, Oshiwara, Andheri (West), Mumbai, MH, IND, 400053
Jyoti Structures Ltd is an engineering, procurement and construction (EPC) contracting company. It is engaged in power transmission and distribution networks wherein it manufactures and deals in various components/equipment's and constructs infrastructure related to power transmission. The company offers solutions in the areas of Transmission Line, Substations Switchyards, Rural Electrification and Solar Power.

Jyoti Structures (BOM:513250) Headlines

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