GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Garnet Construction Ltd (BOM:526727) » Definitions » Days Inventory

Garnet Construction (BOM:526727) Days Inventory : 0.00 (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Garnet Construction Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Garnet Construction's Average Total Inventories for the three months ended in Dec. 2023 was ₹705.49 Mil. Garnet Construction's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹-8.39 Mil.

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

BOM:526727' s Days Inventory Range Over the Past 10 Years
Min: 654.44   Med: 4955.97   Max: 317854
Current: 8355.44

During the past 13 years, Garnet Construction's highest Days Inventory was 317854.00. The lowest was 654.44. And the median was 4955.97.

BOM:526727's Days Inventory is ranked worse than
95.03% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs BOM:526727: 8355.44

Garnet Construction's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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. Garnet Construction's Inventory Turnover for the three months ended in Dec. 2023 was -0.01.

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. Garnet Construction's Inventory-to-Revenue for the three months ended in Dec. 2023 was 25.33.


Garnet Construction Days Inventory Historical Data

The historical data trend for Garnet Construction'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.

Garnet Construction Days Inventory Chart

Garnet Construction 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 13,773.85 714.63 654.44 6,258.10 80,363.81

Garnet Construction 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 - 1,546.08 - - -

Competitive Comparison of Garnet Construction's Days Inventory

For the Real Estate - Development subindustry, Garnet Construction'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.


Garnet Construction's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Garnet Construction's Days Inventory distribution charts can be found below:

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



Garnet Construction Days Inventory Calculation

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

Garnet Construction'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
=( (633.534 + 696.322) / 2 ) / 3.02*365
=664.928 / 3.02*365
=80,363.81

Garnet Construction'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
=( (705.487 + 0) / 1 ) / -8.389*365 / 4
=705.487 / -8.389*365 / 4
=N/A

* 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.


Garnet Construction  (BOM:526727) 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.

Garnet Construction'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.

Garnet Construction'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.


Garnet Construction Days Inventory Related Terms

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


Garnet Construction (BOM:526727) Business Description

Traded in Other Exchanges
N/A
Address
New Link Road, 501/531, Laxmi Mall, Laxmi Industrial Estate, Andheri (West), Mumbai, MH, IND, 400053
Garnet Construction Ltd is an India based real estate development company. It is principally engaged in the construction and sale of industrial, residential, and commercial plots. The residential projects of the company are Pyramid, Brillante, and Magic Hills; the commercial project is Garnet Palladium, and the industrial projects are Arkose Industrial Estate and Aditya Industrial Estate. It derives maximum revenue from the sale of land and plots. The group primarily operates in India.

Garnet Construction (BOM:526727) Headlines

No Headlines