GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Choksi Imaging Ltd (BOM:530427) » Definitions » Days Inventory

Choksi Imaging (BOM:530427) Days Inventory : 595.43 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Choksi Imaging Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Choksi Imaging's Average Total Inventories for the three months ended in Dec. 2023 was ₹17.44 Mil. Choksi Imaging's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2.67 Mil. Hence, Choksi Imaging's Days Inventory for the three months ended in Dec. 2023 was 595.43.

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

BOM:530427' s Days Inventory Range Over the Past 10 Years
Min: 51.19   Med: 124.06   Max: 1129.03
Current: 633.53

During the past 13 years, Choksi Imaging's highest Days Inventory was 1129.03. The lowest was 51.19. And the median was 124.06.

BOM:530427's Days Inventory is ranked worse than
92.02% of 777 companies
in the Medical Devices & Instruments industry
Industry Median: 190.74 vs BOM:530427: 633.53

Choksi Imaging's Days Inventory declined from Dec. 2022 (5,807.01) to Dec. 2023 (595.43).

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. Choksi Imaging's Inventory Turnover for the three months ended in Dec. 2023 was 0.15.

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. Choksi Imaging's Inventory-to-Revenue for the three months ended in Dec. 2023 was 10.75.


Choksi Imaging Days Inventory Historical Data

The historical data trend for Choksi Imaging'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.

Choksi Imaging Days Inventory Chart

Choksi Imaging Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.32 140.44 91.53 131.29 1,129.03

Choksi Imaging Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5,807.01 6,652.64 804.21 204.78 595.43

Competitive Comparison of Choksi Imaging's Days Inventory

For the Medical Devices subindustry, Choksi Imaging'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.


Choksi Imaging's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Choksi Imaging's Days Inventory distribution charts can be found below:

* The bar in red indicates where Choksi Imaging's Days Inventory falls into.



Choksi Imaging Days Inventory Calculation

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

Choksi Imaging'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
=( (3.445 + 27.048) / 2 ) / 4.929*365
=15.2465 / 4.929*365
=1,129.03

Choksi Imaging's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (17.442 + 0) / 1 ) / 2.673*365 / 4
=17.442 / 2.673*365 / 4
=595.43

* 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.


Choksi Imaging  (BOM:530427) 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.

Choksi Imaging'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.

Choksi Imaging'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.


Choksi Imaging Days Inventory Related Terms

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


Choksi Imaging (BOM:530427) Business Description

Traded in Other Exchanges
N/A
Address
Nehru Road, No. 163/164, Choksi Bhuvan, Ville Parle (East), Mumbai, MH, IND, 400057
Choksi Imaging Ltd is an India based company engaged in the manufacturing of photosensitized materials, medical X-rays, and other healthcare products. The company sells and derives revenue from products like X-Ray films, ultrasound, computed radiography systems, speciality X-Ray films, etc. In addition, the company also offers maintenance services for X-Ray processors, equipment, and computer radiography system. The firm provides various photographic, ultrasonic sounds services in association with Protec, Medtron and others.

Choksi Imaging (BOM:530427) Headlines

No Headlines