Days Inventory is also known as Days Sales of Inventory (DSI). Adani Power's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹41,421 Mil. Adani Power's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹76,132 Mil.
Hence, Adani Power's Days Inventory for the
three
months ended in Mar. 2024 was 49.65.
The historical rank and industry rank for Adani Power's Days Inventory or its related term are showing as below:
BOM:533096'
s Days Inventory Range Over the Past 10 Years
Min: 21.72 Med: 39.35 Max: 49.96
Current: 42.76
During the past 13 years, Adani Power's highest Days Inventory was 49.96. The lowest was 21.72. And the median was 39.35.
BOM:533096's Days Inventory is ranked worse than 58.97% of 329
companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.14
vs BOM:533096: 42.76
Adani Power's Days Inventory
increased
from Mar. 2023 (36.16) to Mar. 2024 (49.65).
It might indicate that Adani Power's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Adani Power's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.84.
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.
Adani Power's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.31.
Adani Power Days Inventory Historical Data
The historical data trend for Adani 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 Adani Power's Days Inventory
For the Utilities - Independent Power Producers subindustry, Adani 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.
Adani Power's Days Inventory Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Adani Power's Days Inventory distribution charts can be found below:
* The bar in red indicates where Adani Power's Days Inventory falls into.
Adani Power Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Adani Power's Days Inventory for the fiscal year that ended in Mar. 2024 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.
Adani Power (BOM:533096) 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.
Adani Power's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Adani Power's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Adani Power Days Inventory Related Terms
Thank you for viewing the detailed overview of Adani Power's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Adani Power Ltd is an electric utility company that produces and transmits energy from its portfolio of power plants located throughout India. The company produces its energy using thermal fuel sources, such as coal but also owns facilities that utilize solar and steam generation. Adani Power generates the vast majority of its revenue through the sale of electricity to state distribution companies and the transmission of energy to the state and central utilities. The company's electricity sales are structured through long-term agreements. Adani Power is India's private power producer, owns the world's private coal-based power plant, and is a part of the conglomerate that is India's coal importer.
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