Days Inventory is also known as Days Sales of Inventory (DSI). Marvel Decor's Average Total Inventories for the
six
months ended in Sep. 2023 was ₹418.7 Mil. Marvel Decor's Cost of Goods Sold for the
six
months ended in Sep. 2023 was ₹151.6 Mil.
Hence, Marvel Decor's Days Inventory for the
six
months ended in Sep. 2023 was 504.10.
The historical rank and industry rank for Marvel Decor's Days Inventory or its related term are showing as below:
NSE:MDL'
s Days Inventory Range Over the Past 10 Years
Min: 261.05 Med: 493.42 Max: 868.73
Current: 480.69
During the past 11 years, Marvel Decor's highest Days Inventory was 868.73. The lowest was 261.05. And the median was 493.42.
NSE:MDL's Days Inventory is ranked worse than 96.32% of 408
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.19
vs NSE:MDL: 480.69
Marvel Decor's Days Inventory
increased
from Sep. 2022 (476.04) to Sep. 2023 (504.10).
It might indicate that Marvel Decor's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Marvel Decor's Inventory Turnover for the
six
months ended in Sep. 2023 was 0.36.
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.
Marvel Decor's Inventory-to-Revenue for the
six
months ended in Sep. 2023 was 1.60.
Marvel Decor Days Inventory Historical Data
The historical data trend for Marvel Decor'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.
Competitive Comparison of Marvel Decor's Days Inventory
For the Furnishings, Fixtures & Appliances subindustry, Marvel Decor'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.
Marvel Decor's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Marvel Decor's Days Inventory distribution charts can be found below:
* The bar in red indicates where Marvel Decor's Days Inventory falls into.
Marvel Decor Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Marvel Decor's Days Inventory for the fiscal year that 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.
Marvel Decor (NSE:MDL) 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.
Marvel Decor's Inventory Turnover for the
six
months ended in Sep. 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.
Marvel Decor's Inventory to Revenue for the
six
months ended in Sep. 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.
Marvel Decor Days Inventory Related Terms
Thank you for viewing the detailed overview of Marvel Decor's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Marvel Decor Ltd is an Indian-based company that engages in the manufacture of window blinds. It is engaged in the manufacturing and sale of window covering products like blinds, curtain rods, and tracks. It specializes in Roller blinds, Roman blinds, Luzon blinds, Grayson blinds, Eton blinds, Patricia blinds, Aric blinds, Colby blinds, Meliso blinds, Vertical blinds, Bamboo blinds, Wooden Venetian blinds, among others. The Company' business is geographically segmented covers the following countries such as UK, UAE, USA, Canada, Malta, Ireland, Australia, Ghana, New Zealand, Mexico, Nigeria, Kenya, Israel, etc.
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