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Manoj Vaibhav Gems N Jewellers (BOM:543995) Days Inventory : 196.70 (As of Mar. 2024)


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What is Manoj Vaibhav Gems N Jewellers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Manoj Vaibhav Gems N Jewellers's Average Total Inventories for the six months ended in Mar. 2024 was ₹10,071 Mil. Manoj Vaibhav Gems N Jewellers's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹18,689 Mil. Hence, Manoj Vaibhav Gems N Jewellers's Days Inventory for the six months ended in Mar. 2024 was 98.35.

The historical rank and industry rank for Manoj Vaibhav Gems N Jewellers's Days Inventory or its related term are showing as below:

BOM:543995' s Days Inventory Range Over the Past 10 Years
Min: 172.94   Med: 182.61   Max: 212.48
Current: 196.7

During the past 5 years, Manoj Vaibhav Gems N Jewellers's highest Days Inventory was 212.48. The lowest was 172.94. And the median was 182.61.

BOM:543995's Days Inventory is ranked worse than
75.54% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 109.96 vs BOM:543995: 196.70

Manoj Vaibhav Gems N Jewellers's Days Inventory increased from Mar. 2022 (172.94) to Mar. 2024 (196.70). It might indicate that Manoj Vaibhav Gems N Jewellers's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Manoj Vaibhav Gems N Jewellers's Inventory Turnover for the six months ended in Mar. 2024 was 1.86.

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. Manoj Vaibhav Gems N Jewellers's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.47.


Manoj Vaibhav Gems N Jewellers Days Inventory Historical Data

The historical data trend for Manoj Vaibhav Gems N Jewellers'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.

Manoj Vaibhav Gems N Jewellers Days Inventory Chart

Manoj Vaibhav Gems N Jewellers Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
212.48 182.61 172.94 176.07 196.70

Manoj Vaibhav Gems N Jewellers Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory 212.48 182.61 172.94 176.07 196.70

Competitive Comparison of Manoj Vaibhav Gems N Jewellers's Days Inventory

For the Luxury Goods subindustry, Manoj Vaibhav Gems N Jewellers'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.


Manoj Vaibhav Gems N Jewellers's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Vaibhav Gems N Jewellers's Days Inventory distribution charts can be found below:

* The bar in red indicates where Manoj Vaibhav Gems N Jewellers's Days Inventory falls into.



Manoj Vaibhav Gems N Jewellers Days Inventory Calculation

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

Manoj Vaibhav Gems N Jewellers's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (9335.83 + 10806.37) / 2 ) / 18688.58*365
=10071.1 / 18688.58*365
=196.70

Manoj Vaibhav Gems N Jewellers's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (9335.83 + 10806.37) / 2 ) / 18688.58*365 / 2
=10071.1 / 18688.58*365 / 2
=98.35

* 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.


Manoj Vaibhav Gems N Jewellers  (BOM:543995) 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.

Manoj Vaibhav Gems N Jewellers's Inventory Turnover for the six months ended in Mar. 2024 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.

Manoj Vaibhav Gems N Jewellers's Inventory to Revenue for the six months ended in Mar. 2024 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.


Manoj Vaibhav Gems N Jewellers Days Inventory Related Terms

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


Manoj Vaibhav Gems N Jewellers (BOM:543995) Business Description

Traded in Other Exchanges
Address
D. No:- 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam, AP, IND, 530016
Manoj Vaibhav Gems N Jewellers Ltd is a leading regional jewellery brand in South India led by a first-generation woman entrepreneur. It is a hyperlocal jewellery retail chain with a presence in the micro markets of Andhra Pradesh & Telangana with 13 showrooms (inclusive of two franchisee showrooms) across 8 towns and 2 cities. It caters to all economic segments of the micro markets of Andhra Pradesh and Telangana through its dedicated branded showrooms and has a strong rural market focus and a dedicated urban focus also. The company positioned itself as a retailer focussed on Relationships, by Design where it focuses on offering designs, high quality, transparency and customer service to its customers.

Manoj Vaibhav Gems N Jewellers (BOM:543995) Headlines

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