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India Tourism Development (BOM:532189) Days Inventory : 14.56 (As of Dec. 2023)


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What is India Tourism Development Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). India Tourism Development's Average Total Inventories for the three months ended in Dec. 2023 was ₹109 Mil. India Tourism Development's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹684 Mil. Hence, India Tourism Development's Days Inventory for the three months ended in Dec. 2023 was 14.56.

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

BOM:532189' s Days Inventory Range Over the Past 10 Years
Min: 15.22   Med: 21.79   Max: 67.15
Current: 15.22

During the past 13 years, India Tourism Development's highest Days Inventory was 67.15. The lowest was 15.22. And the median was 21.79.

BOM:532189's Days Inventory is ranked better than
62.15% of 671 companies
in the Travel & Leisure industry
Industry Median: 34.93 vs BOM:532189: 15.22

India Tourism Development's Days Inventory declined from Dec. 2022 (20.76) to Dec. 2023 (14.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. India Tourism Development's Inventory Turnover for the three months ended in Dec. 2023 was 6.27.

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. India Tourism Development's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.08.


India Tourism Development Days Inventory Historical Data

The historical data trend for India Tourism Development'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.

India Tourism Development Days Inventory Chart

India Tourism Development 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 19.10 18.49 29.86 22.65 16.54

India Tourism Development 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 20.76 12.33 15.92 14.67 14.56

Competitive Comparison of India Tourism Development's Days Inventory

For the Lodging subindustry, India Tourism Development'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.


India Tourism Development's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, India Tourism Development's Days Inventory distribution charts can be found below:

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



India Tourism Development Days Inventory Calculation

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

India Tourism Development'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
=( (100.447 + 103.89) / 2 ) / 2254.73*365
=102.1685 / 2254.73*365
=16.54

India Tourism Development'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
=( (109.152 + 0) / 1 ) / 684.227*365 / 4
=109.152 / 684.227*365 / 4
=14.56

* 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.


India Tourism Development  (BOM:532189) 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.

India Tourism Development'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.

India Tourism Development'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.


India Tourism Development Days Inventory Related Terms

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


India Tourism Development (BOM:532189) Business Description

Traded in Other Exchanges
Address
7 Lodi Road, Scope Complex, Core 8, 6th Floor, New Delhi, IND, 110003
India Tourism Development Corp Ltd operates in the hotel industry. The company's operating segment includes Hotel/Restaurant Operations; Duty Free Shops Operations; Travel and Tour Operations; Ashok Events and Misc. Operations; Construction, Consultancy and SEL Projects and Others. It generates maximum revenue from the Hotel/Restaurant Operations segment.

India Tourism Development (BOM:532189) Headlines

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