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Shalby (BOM:540797) Days Inventory : 160.51 (As of Dec. 2023)


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What is Shalby Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shalby's Average Total Inventories for the three months ended in Dec. 2023 was ₹2,058 Mil. Shalby's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,170 Mil. Hence, Shalby's Days Inventory for the three months ended in Dec. 2023 was 160.51.

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

BOM:540797' s Days Inventory Range Over the Past 10 Years
Min: 13.08   Med: 16.11   Max: 140.38
Current: 140.38

During the past 11 years, Shalby's highest Days Inventory was 140.38. The lowest was 13.08. And the median was 16.11.

BOM:540797's Days Inventory is ranked worse than
89.15% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.575 vs BOM:540797: 140.38

Shalby's Days Inventory increased from Dec. 2022 (132.22) to Dec. 2023 (160.51). It might indicate that Shalby'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. Shalby's Inventory Turnover for the three months ended in Dec. 2023 was 0.57.

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. Shalby's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.95.


Shalby Days Inventory Historical Data

The historical data trend for Shalby'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.

Shalby Days Inventory Chart

Shalby 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 16.02 17.32 27.98 66.72 128.57

Shalby 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 132.22 158.75 131.08 152.23 160.51

Competitive Comparison of Shalby's Days Inventory

For the Medical Care Facilities subindustry, Shalby'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.


Shalby's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shalby's Days Inventory distribution charts can be found below:

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



Shalby Days Inventory Calculation

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

Shalby'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
=( (1211.21 + 1854.04) / 2 ) / 4351.14*365
=1532.625 / 4351.14*365
=128.57

Shalby'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
=( (2058.42 + 0) / 1 ) / 1170.22*365 / 4
=2058.42 / 1170.22*365 / 4
=160.51

* 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.


Shalby  (BOM:540797) 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.

Shalby'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.

Shalby'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.


Shalby Days Inventory Related Terms

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


Shalby (BOM:540797) Business Description

Traded in Other Exchanges
Address
Opposite Karnavati Club, S. G. Highway, B-301 & 302, Mondeal Heights, Ahmedabad, GJ, IND, 380 015
Shalby Ltd operates a chain of multispecialty hospitals. It is engaged in the business of setting up and managing hospitals and medical diagnostic services. The hospitals offer healthcare services to patients in various areas of specialization such as Cardiology, Emergency Medicine, Gastroentero Surgery, Arthroscopy Sports Injury, Infectious Diseases, Oncology, and others. The activities are mainly conducted only in India. Revenue primarily comprises fees charged for inpatient and outpatient hospital services. Services include charges for accommodation, medical professional services, equipment, radiology, laboratory and pharmaceutical goods used in treatments given to Patients.

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