Nuvoco Vista (BOM:543334) Days Inventory : 31.68 (As of Mar. 2024)

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What is Nuvoco Vista Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nuvoco Vista's Average Total Inventories for the three months ended in Mar. 2024 was ₹9,467 Mil. Nuvoco Vista's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹27,265 Mil. Hence, Nuvoco Vista's Days Inventory for the three months ended in Mar. 2024 was 31.68.

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

BOM:543334' s Days Inventory Range Over the Past 10 Years
Min: 84.45 Med: 120.59 Max: 198.92
Current: 93.97

During the past 6 years, Nuvoco Vista's highest Days Inventory was 198.92. The lowest was 84.45. And the median was 120.59.

BOM:543334's Days Inventory is ranked worse than
55.83% of 369 companies
in the Building Materials industry
Industry Median: 83.57 vs BOM:543334: 93.97

Nuvoco Vista's Days Inventory increased from Mar. 2023 (27.91) to Mar. 2024 (31.68). It might indicate that Nuvoco Vista's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nuvoco Vista's Inventory Turnover for the three months ended in Mar. 2024 was 2.88.

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. Nuvoco Vista's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.32.

Nuvoco Vista Days Inventory Historical Data

The historical data trend for Nuvoco Vista'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.

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Nuvoco Vista Days Inventory Chart

Nuvoco Vista Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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176.22

198.92

93.46

84.45

89.01

Nuvoco Vista Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial												27.91	210.87	226.09	240.11	31.68

Competitive Comparison of Nuvoco Vista's Days Inventory

For the Building Materials subindustry, Nuvoco Vista'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.

Nuvoco Vista's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Nuvoco Vista's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nuvoco Vista's Days Inventory falls into.

Nuvoco Vista Days Inventory Calculation

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

Nuvoco Vista's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (10500.4	+	9466.9)	/	2 )	/	40938.9	*	365
=	9983.65					/	40938.9	*	365
=	89.01

Nuvoco Vista's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	9466.9)	/	1 )	/	27265.1	*	365 / 4
=	9466.9					/	27265.1	*	365 / 4
=	31.68

Nuvoco Vista (BOM:543334) 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.

Nuvoco Vista's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	27265.1	/	9466.9
	=	2.88

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.

Nuvoco Vista's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9466.9	/	29334.4
	=	0.32

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.

Nuvoco Vista Days Inventory Related Terms

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

Nuvoco Vista (BOM:543334) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Nuvoco Vista Corp Ltd (BOM:543334) » Definitions » Days Inventory

Traded in Other Exchanges

NUVOCO:India

Address

LBS Marg, Equinox Business Park, Tower 3, East Wing, 4th Floor, Off Bandra-Kurla Complex, Kurla (West), Mumbai, MH, IND, 400 070

Website

https://www.nuvoco.com

Nuvoco Vista Corp Ltd is a cement and concrete manufacturing company. It offers diversified products such as cement, ready-mix concrete, and modern building materials. The company generates maximum revenue from the cement segment.

Nuvoco Vista (BOM:543334) Headlines

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