Days Inventory is also known as Days Sales of Inventory (DSI). Coal India's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹101,772 Mil. Coal India's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹35,790 Mil.
Hence, Coal India's Days Inventory for the
three
months ended in Mar. 2024 was 259.48.
The historical rank and industry rank for Coal India's Days Inventory or its related term are showing as below:
NSE:COALINDIA'
s Days Inventory Range Over the Past 10 Years
Min: 134.47 Med: 183.11 Max: 241.51
Current: 181.87
During the past 13 years, Coal India's highest Days Inventory was 241.51. The lowest was 134.47. And the median was 183.11.
NSE:COALINDIA's Days Inventory is ranked worse than 92.17% of 115
companies
in the Other Energy Sources industry
Industry Median: 30.14
vs NSE:COALINDIA: 181.87
Coal India's Days Inventory
increased
from Mar. 2023 (160.94) to Mar. 2024 (259.48).
It might indicate that Coal India's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Coal India's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.35.
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.
Coal India's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.30.
Coal India Days Inventory Historical Data
The historical data trend for Coal India'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 Coal India's Days Inventory
For the Thermal Coal subindustry, Coal India'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.
Coal India's Days Inventory Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Coal India's Days Inventory distribution charts can be found below:
* The bar in red indicates where Coal India's Days Inventory falls into.
Coal India Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Coal India'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.
Coal India (NSE:COALINDIA) 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.
Coal India'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.
Coal India'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.
Coal India Days Inventory Related Terms
Thank you for viewing the detailed overview of Coal India's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Coal India Ltd is a state-owned coal mining company, which was formed when the government took over many private coal mines. As one of the largest coal producers in the world, Coal India is responsible for the vast majority of India's coal production. The company operates across numerous mining areas spread over various provincial states of India, and one mine planning and consultancy company. The Company is primarily engaged in a single segment business of production and sale of Coal. Coal India has hundreds of mines, the bulk of which are underground, closely trailed by open-pit, while also operating multiple coking coal washeries.
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