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Tata Communications, (FRA:VIDB) Days Inventory : 3.27 (As of Mar. 2024)


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What is Tata Communications, Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tata Communications,'s Average Total Inventories for the three months ended in Mar. 2024 was €9 Mil. Tata Communications,'s Cost of Goods Sold for the three months ended in Mar. 2024 was €259 Mil. Hence, Tata Communications,'s Days Inventory for the three months ended in Mar. 2024 was 3.27.

The historical rank and industry rank for Tata Communications,'s Days Inventory or its related term are showing as below:

FRA:VIDB' s Days Inventory Range Over the Past 10 Years
Min: 0.57   Med: 2.39   Max: 5.66
Current: 4.41

During the past 13 years, Tata Communications,'s highest Days Inventory was 5.66. The lowest was 0.57. And the median was 2.39.

FRA:VIDB's Days Inventory is ranked better than
87.76% of 294 companies
in the Telecommunication Services industry
Industry Median: 19.135 vs FRA:VIDB: 4.41

Tata Communications,'s Days Inventory declined from Mar. 2023 (8.91) to Mar. 2024 (3.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tata Communications,'s Inventory Turnover for the three months ended in Mar. 2024 was 27.93.

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. Tata Communications,'s Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.


Tata Communications, Days Inventory Historical Data

The historical data trend for Tata Communications,'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.

Tata Communications, Days Inventory Chart

Tata Communications, Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.13 3.11 2.10 5.72 5.58

Tata Communications, Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.91 8.82 2.50 2.02 3.27

Competitive Comparison of Tata Communications,'s Days Inventory

For the Telecom Services subindustry, Tata Communications,'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.


Tata Communications,'s Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tata Communications,'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Tata Communications,'s Days Inventory falls into.



Tata Communications, Days Inventory Calculation

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

Tata Communications,'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
=( (18.165 + 9.257) / 2 ) / 896.098*365
=13.711 / 896.098*365
=5.58

Tata Communications,'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 + 9.257) / 1 ) / 258.559*365 / 4
=9.257 / 258.559*365 / 4
=3.27

* 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.


Tata Communications,  (FRA:VIDB) 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.

Tata Communications,'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.

Tata Communications,'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.


Tata Communications, Days Inventory Related Terms

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


Tata Communications, (FRA:VIDB) Business Description

Traded in Other Exchanges
Address
Plot No. C21 & C36, ‘G’ Block, Bandra Kurla Complex, Mumbai, MH, IND, 400 098
Tata Communications Ltd is the primary provider of international and national voice and data transmission long-distance services, internet dial-up and broadband services and other value-added services. Since the deregulation of the Indian market, the company has diversified its businesses through acquisitions and entering new markets. Following the acquisition of Tyco's and Teleglobe's networks, Tata has become a major global voice and data carrier.

Tata Communications, (FRA:VIDB) Headlines

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