Prestige Estates Projects (BOM:533274) Days Inventory : 3,477.79 (As of Dec. 2023)

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What is Prestige Estates Projects Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Prestige Estates Projects's Average Total Inventories for the three months ended in Dec. 2023 was ₹198,644 Mil. Prestige Estates Projects's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹5,212 Mil. Hence, Prestige Estates Projects's Days Inventory for the three months ended in Dec. 2023 was 3,477.79.

The historical rank and industry rank for Prestige Estates Projects's Days Inventory or its related term are showing as below:

BOM:533274' s Days Inventory Range Over the Past 10 Years
Min: 513.03 Med: 864.81 Max: 1601.69
Current: 1601.69

During the past 13 years, Prestige Estates Projects's highest Days Inventory was 1601.69. The lowest was 513.03. And the median was 864.81.

BOM:533274's Days Inventory is ranked worse than
74.68% of 1327 companies
in the Real Estate industry
Industry Median: 697.68 vs BOM:533274: 1601.69

Prestige Estates Projects's Days Inventory increased from Dec. 2022 (983.19) to Dec. 2023 (3,477.79). It might indicate that Prestige Estates Projects's sales slowed down.

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. Prestige Estates Projects's Inventory Turnover for the three months ended in Dec. 2023 was 0.03.

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. Prestige Estates Projects's Inventory-to-Revenue for the three months ended in Dec. 2023 was 11.06.

Prestige Estates Projects Days Inventory Historical Data

The historical data trend for Prestige Estates Projects'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.

Prestige Estates Projects Days Inventory Chart

Prestige Estates Projects Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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1,326.11

1,010.35

886.44

1,151.19

1,105.33

Prestige Estates Projects 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															983.19	884.38	2,274.85	1,753.36	3,477.79

Competitive Comparison of Prestige Estates Projects's Days Inventory

For the Real Estate - Diversified subindustry, Prestige Estates Projects'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.

Prestige Estates Projects's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prestige Estates Projects's Days Inventory distribution charts can be found below:

* The bar in red indicates where Prestige Estates Projects's Days Inventory falls into.

Prestige Estates Projects Days Inventory Calculation

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

Prestige Estates Projects'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
=	( (115667	+	143671)	/	2 )	/	42819	*	365
=	129669					/	42819	*	365
=	1,105.33

Prestige Estates Projects'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
=	( (198644	+	0)	/	1 )	/	5212	*	365 / 4
=	198644					/	5212	*	365 / 4
=	3,477.79

Prestige Estates Projects (BOM:533274) 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.

Prestige Estates Projects's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5212	/	198644
	=	0.03

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.

Prestige Estates Projects's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	198644	/	17958
	=	11.06

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.

Prestige Estates Projects Days Inventory Related Terms

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

Prestige Estates Projects (BOM:533274) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prestige Estates Projects Ltd (BOM:533274) » Definitions » Days Inventory

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PRESTIGE:India

Address

No. 19, Brunton Road, Prestige Falcon Tower, Bangalore, KA, IND, 560025

Website

https://www.prestigeconstructions.com

Prestige Estates Projects Ltd is a real estate development group operating in South India, including in the cities of Chennai, Hyderabad, Kochi, Mysuru, Mangaluru, and Goa. The Prestige Group's property portfolio covers the residential, commercial, retail, property management, and hospitality segments. Projects include landmark malls, large townships, tech parks, hotels, and luxury villas. Most of the company's completed projects come from its Residential segment, while the overwhelming majority of new projects are also from its residential segment. The company generates the majority of its revenue from the Residential segment.

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