Days Inventory is also known as Days Sales of Inventory (DSI). Lyka Labs's Average Total Inventories for the
three
months ended in Dec. 2023 was ₹80 Mil. Lyka Labs's Cost of Goods Sold for the
three
months ended in Dec. 2023 was ₹117 Mil.
Hence, Lyka Labs's Days Inventory for the
three
months ended in Dec. 2023 was 62.37.
The historical rank and industry rank for Lyka Labs's Days Inventory or its related term are showing as below:
BOM:500259'
s Days Inventory Range Over the Past 10 Years
Min: 42.81 Med: 78.75 Max: 151
Current: 64.95
During the past 13 years, Lyka Labs's highest Days Inventory was 151.00. The lowest was 42.81. And the median was 78.75.
BOM:500259's Days Inventory is ranked better than 83.79% of 654
companies
in the Biotechnology industry
Industry Median: 192.63
vs BOM:500259: 64.95
Lyka Labs's Days Inventory
declined
from Dec. 2022 (107.05) to Dec. 2023 (62.37).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Lyka Labs's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.46.
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.
Lyka Labs's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.25.
Lyka Labs Days Inventory Historical Data
The historical data trend for Lyka Labs'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 Lyka Labs's Days Inventory
For the Biotechnology subindustry, Lyka Labs'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.
Lyka Labs's Days Inventory Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Lyka Labs's Days Inventory distribution charts can be found below:
* The bar in red indicates where Lyka Labs's Days Inventory falls into.
Lyka Labs Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lyka Labs's Days Inventory for the fiscal year that ended in Mar. 2023 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.
Lyka Labs (BOM:500259) 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.
Lyka Labs's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Lyka Labs's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Lyka Labs Days Inventory Related Terms
Thank you for viewing the detailed overview of Lyka Labs's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Lyka Labs Ltd is an Indian biotechnology company. It mainly engages in the development of specialized formulations. The Company is engaged in only one segment viz. pharmaceuticals. The Company has presence in Domestic as well as International markets. The commercialized formulations of the company consist of hair care, anti-aging, acne management, skin lightening, face washes, sunscreens, facial scrubs, and others. It has developed a varied drug delivery system for topical steroids, painkillers, anti-fungal, and other emollients as well as liquid injectables, lyophilized injectables in the anti-bacterial, antifungal segment. The company also manufactures proton pump inhibitors, antibiotics, antifungals, steroids, etc. The majority of the company's revenue comes from India.
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