Inspire Films (NSE:INSPIRE) Days Inventory : 113.79 (As of Mar. 2023)

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What is Inspire Films Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Inspire Films's Average Total Inventories for the six months ended in Mar. 2023 was ₹118.3 Mil. Inspire Films's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹379.5 Mil. Hence, Inspire Films's Days Inventory for the six months ended in Mar. 2023 was 56.90.

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

NSE:INSPIRE' s Days Inventory Range Over the Past 10 Years
Min: 113.79 Med: 128.95 Max: 284.14
Current: 113.79

During the past 3 years, Inspire Films's highest Days Inventory was 284.14. The lowest was 113.79. And the median was 128.95.

NSE:INSPIRE's Days Inventory is ranked worse than
77.73% of 651 companies
in the Media - Diversified industry
Industry Median: 26.06 vs NSE:INSPIRE: 113.79

Inspire Films's Days Inventory declined from Mar. 2021 (284.14) to Mar. 2023 (113.79).

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. Inspire Films's Inventory Turnover for the six months ended in Mar. 2023 was 3.21.

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. Inspire Films's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.24.

Inspire Films Days Inventory Historical Data

The historical data trend for Inspire Films'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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Inspire Films Days Inventory Chart

Inspire Films Annual Data

Trend

Mar21

Mar22

Mar23

Days Inventory

284.14

128.95

113.79

Inspire Films Semi-Annual Data
	Mar21	Mar22	Mar23
Days Inventory	284.14	128.95	113.79

Competitive Comparison of Inspire Films's Days Inventory

For the Broadcasting subindustry, Inspire Films'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.

Inspire Films's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Inspire Films's Days Inventory distribution charts can be found below:

* The bar in red indicates where Inspire Films's Days Inventory falls into.

Inspire Films Days Inventory Calculation

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

Inspire Films'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
=	( (104.63	+	131.977)	/	2 )	/	379.477	*	365
=	118.3035					/	379.477	*	365
=	113.79

Inspire Films's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (104.63	+	131.977)	/	2 )	/	379.477	*	365 / 2
=	118.3035					/	379.477	*	365 / 2
=	56.90

Inspire Films (NSE:INSPIRE) 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.

Inspire Films's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	379.477	/	118.3035
	=	3.21

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.

Inspire Films's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	118.3035	/	488.316
	=	0.24

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.

Inspire Films Days Inventory Related Terms

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

Inspire Films (NSE:INSPIRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Inspire Films Ltd (NSE:INSPIRE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

111, 1st Floor, Shree Kamdhenu Estate, Chincholi Off Link Road, Bhd Tangent Showroom, Charkop, Malad, Mumbai, MH, IND, 400064

Website

http://www.inspirefilms.in

Inspire Films Ltd is a company is primarily engaged into the business of creation, production, distribution, and exhibition of television and digital content across broadcasting channels, apps and digital platforms as well as content writing, production and sale, purchase of rights. It includes financing the projects, hiring actors and crew members, scouting locations, creating sets, managing the budgets, and overseeing the entire production and post-production process.

Inspire Films (NSE:INSPIRE) Headlines

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