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Accent Microcell (NSE:ACCENTMIC) Days Inventory : 117.31 (As of Mar. 2023)


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What is Accent Microcell Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Accent Microcell's Average Total Inventories for the six months ended in Mar. 2023 was ₹466 Mil. Accent Microcell's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹1,450 Mil. Hence, Accent Microcell's Days Inventory for the six months ended in Mar. 2023 was 58.66.

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

NSE:ACCENTMIC' s Days Inventory Range Over the Past 10 Years
Min: 113.67   Med: 117.31   Max: 125.89
Current: 117.31

During the past 3 years, Accent Microcell's highest Days Inventory was 125.89. The lowest was 113.67. And the median was 117.31.

NSE:ACCENTMIC's Days Inventory is ranked better than
68.11% of 969 companies
in the Drug Manufacturers industry
Industry Median: 158.35 vs NSE:ACCENTMIC: 117.31

Accent Microcell's Days Inventory declined from Mar. 2021 (125.89) to Mar. 2023 (117.31).

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. Accent Microcell's Inventory Turnover for the six months ended in Mar. 2023 was 3.11.

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. Accent Microcell's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.23.


Accent Microcell Days Inventory Historical Data

The historical data trend for Accent Microcell'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.

Accent Microcell Days Inventory Chart

Accent Microcell Annual Data
Trend Mar21 Mar22 Mar23
Days Inventory
125.89 113.67 117.31

Accent Microcell Semi-Annual Data
Mar21 Mar22 Mar23
Days Inventory 125.89 113.67 117.31

Competitive Comparison of Accent Microcell's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Accent Microcell'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.


Accent Microcell's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Accent Microcell's Days Inventory distribution charts can be found below:

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



Accent Microcell Days Inventory Calculation

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

Accent Microcell'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
=( (395.859 + 536.513) / 2 ) / 1450.459*365
=466.186 / 1450.459*365
=117.31

Accent Microcell's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (395.859 + 536.513) / 2 ) / 1450.459*365 / 2
=466.186 / 1450.459*365 / 2
=58.66

* 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.


Accent Microcell  (NSE:ACCENTMIC) 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.

Accent Microcell's Inventory Turnover for the six months ended in Mar. 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.

Accent Microcell's Inventory to Revenue for the six months 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.


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.


Accent Microcell Days Inventory Related Terms

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


Accent Microcell (NSE:ACCENTMIC) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Shyamal Cross Roads, Anandnagar Road, 314, Shangrilla Arcade, Satellite, Ahmedabad, GJ, IND, 380015
Accent Microcell Ltd is a manufacturer of Pharmaceutical Products. It has Products such as Microcrystalline cellulose is a term for refined wood pulp and is used as a texturizer, an anti-caking agent, a fat substitute, an emulsifier, an extender, and a bulking agent in food production; Cross Carmellose Sodium Croscarmellose sodium is an internally cross-linked sodium carboxymethylcellulose for use as a super disintegrant in pharmaceutical formulations; Magnesium Stearate which is also called octadecanoic acid, magnesium salt, is a white substance, powder which becomes solid at room temperature and also produces Cellulose Powder is white or almost white, odourless, tasteless, Practically insoluble in water, dilute acid and organic solvents, Slightly soluble in dilute NaOH solution.

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