Days Inventory is also known as Days Sales of Inventory (DSI). Torrent Power's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹9,767 Mil. Torrent Power's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹47,835 Mil.
Hence, Torrent Power's Days Inventory for the
three
months ended in Dec. 2023 was 18.63.
The historical rank and industry rank for Torrent Power's Days Inventory or its related term are showing as below:
BOM:532779'
s Days Inventory Range Over the Past 10 Years
Min: 12.44 Med: 20.74 Max: 32.75
Current: 15.49
During the past 13 years, Torrent Power's highest Days Inventory was 32.75. The lowest was 12.44. And the median was 20.74.
BOM:532779's Days Inventory is ranked better than 69.91% of 329
companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.14
vs BOM:532779: 15.49
Torrent Power's Days Inventory
increased
from Dec. 2022 (17.31) to Dec. 2023 (18.63).
It might indicate that Torrent Power's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Torrent Power's Inventory Turnover for the
three
months ended in Dec. 2023 was 4.90.
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.
Torrent Power's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.15.
Torrent Power Days Inventory Historical Data
The historical data trend for Torrent Power'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.
Competitive Comparison of Torrent Power's Days Inventory
For the Utilities - Independent Power Producers subindustry, Torrent Power'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.
Torrent Power's Days Inventory Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Torrent Power's Days Inventory distribution charts can be found below:
* The bar in red indicates where Torrent Power's Days Inventory falls into.
Torrent Power Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Torrent Power's Days Inventory for the fiscal year that ended in Mar. 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.
Torrent Power (BOM:532779) 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.
Torrent Power'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.
Torrent Power'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.
Torrent Power Days Inventory Related Terms
Thank you for viewing the detailed overview of Torrent Power's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Torrent Power Ltd is an Indian utility company engaged in the business of power generation, transmission, and distribution. Both by itself and through its subsidiaries, Torrent Power operates a portfolio of gas, combined cycle, coal, wind, and solar power plants. The company's gas-fired facilities constitute most of its energy-producing capacity. Torrent Power generates the vast majority of its revenue from the supply of power generated by its facilities and transmitted through its power grids to areas of Western and Northern India. Its sales are fairly evenly divided among residential, commercial, low tension and high tension consumers. The low tension customer class would include smaller manufacturing units, while high tension would be composed of heavier industrial entities.
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