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Mangalam Drugs & Organics (BOM:532637) Days Inventory : 185.13 (As of Dec. 2023)


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What is Mangalam Drugs & Organics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mangalam Drugs & Organics's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,405 Mil. Mangalam Drugs & Organics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹693 Mil. Hence, Mangalam Drugs & Organics's Days Inventory for the three months ended in Dec. 2023 was 185.13.

The historical rank and industry rank for Mangalam Drugs & Organics's Days Inventory or its related term are showing as below:

BOM:532637' s Days Inventory Range Over the Past 10 Years
Min: 70.54   Med: 93.79   Max: 157.05
Current: 105.62

During the past 13 years, Mangalam Drugs & Organics's highest Days Inventory was 157.05. The lowest was 70.54. And the median was 93.79.

BOM:532637's Days Inventory is ranked better than
74.36% of 971 companies
in the Drug Manufacturers industry
Industry Median: 158.38 vs BOM:532637: 105.62

Mangalam Drugs & Organics's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (185.13). It might indicate that Mangalam Drugs & Organics's sales slowed down.

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. Mangalam Drugs & Organics's Inventory Turnover for the three months ended in Dec. 2023 was 0.49.

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. Mangalam Drugs & Organics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.45.


Mangalam Drugs & Organics Days Inventory Historical Data

The historical data trend for Mangalam Drugs & Organics'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.

Mangalam Drugs & Organics Days Inventory Chart

Mangalam Drugs & Organics 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 138.20 115.18 79.84 91.97 157.05

Mangalam Drugs & Organics 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 - 42.40 190.43 252.83 185.13

Competitive Comparison of Mangalam Drugs & Organics's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Mangalam Drugs & Organics'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.


Mangalam Drugs & Organics's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Mangalam Drugs & Organics's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mangalam Drugs & Organics's Days Inventory falls into.



Mangalam Drugs & Organics Days Inventory Calculation

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

Mangalam Drugs & Organics'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
=( (1171.055 + 1374.665) / 2 ) / 2958.173*365
=1272.86 / 2958.173*365
=157.05

Mangalam Drugs & Organics'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
=( (1405.273 + 0) / 1 ) / 692.651*365 / 4
=1405.273 / 692.651*365 / 4
=185.13

* 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.


Mangalam Drugs & Organics  (BOM:532637) 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.

Mangalam Drugs & Organics'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.

Mangalam Drugs & Organics'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.


Mangalam Drugs & Organics Days Inventory Related Terms

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


Mangalam Drugs & Organics (BOM:532637) Business Description

Traded in Other Exchanges
Address
239, P. D’Mello Road, Rupam Building, 3rd Floor, Near General Post Office, Mumbai, MH, IND, 400001
Mangalam Drugs & Organics Ltd is an Indian company operating in the healthcare sector. It is engaged in the research and development and manufacturing of drugs. Its product range includes Active Pharmaceutical Ingredients (APIs), Intermediates, and Specialty chemicals. Its sales comprise of sales in the Indian and overseas markets.

Mangalam Drugs & Organics (BOM:532637) Headlines

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