Moxsh Overseas Educon (NSE:MOXSH) Days Inventory : 9.85 (As of Sep. 2023)

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What is Moxsh Overseas Educon Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Moxsh Overseas Educon's Average Total Inventories for the six months ended in Sep. 2023 was ₹2.0 Mil. Moxsh Overseas Educon's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹38.0 Mil. Hence, Moxsh Overseas Educon's Days Inventory for the six months ended in Sep. 2023 was 9.85.

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

NSE:MOXSH' s Days Inventory Range Over the Past 10 Years
Min: 14.14 Med: 19.99 Max: 19.99
Current: 14.14

During the past 4 years, Moxsh Overseas Educon's highest Days Inventory was 19.99. The lowest was 14.14. And the median was 19.99.

NSE:MOXSH's Days Inventory is ranked worse than
65.38% of 156 companies
in the Education industry
Industry Median: 8.17 vs NSE:MOXSH: 14.14

Moxsh Overseas Educon's Days Inventory increased from Sep. 2022 (0.00) to Sep. 2023 (9.85). It might indicate that Moxsh Overseas Educon's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Moxsh Overseas Educon's Inventory Turnover for the six months ended in Sep. 2023 was 18.53.

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. Moxsh Overseas Educon's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.03.

Moxsh Overseas Educon Days Inventory Historical Data

The historical data trend for Moxsh Overseas Educon'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.

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Moxsh Overseas Educon Days Inventory Chart

Moxsh Overseas Educon Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Inventory

19.99

Moxsh Overseas Educon Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			-	-	-	28.10	9.85

Competitive Comparison of Moxsh Overseas Educon's Days Inventory

For the Education & Training Services subindustry, Moxsh Overseas Educon'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.

Moxsh Overseas Educon's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Moxsh Overseas Educon's Days Inventory distribution charts can be found below:

* The bar in red indicates where Moxsh Overseas Educon's Days Inventory falls into.

Moxsh Overseas Educon Days Inventory Calculation

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

Moxsh Overseas Educon'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
=	( (0	+	2.301)	/	1 )	/	42.007	*	365
=	2.301					/	42.007	*	365
=	19.99

Moxsh Overseas Educon's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (2.301	+	1.797)	/	2 )	/	37.965	*	365 / 2
=	2.049					/	37.965	*	365 / 2
=	9.85

Moxsh Overseas Educon (NSE:MOXSH) 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.

Moxsh Overseas Educon's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	37.965	/	2.049
	=	18.53

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.

Moxsh Overseas Educon's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.049	/	78.562
	=	0.03

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.

Moxsh Overseas Educon Days Inventory Related Terms

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

Moxsh Overseas Educon (NSE:MOXSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Moxsh Overseas Educon Ltd (NSE:MOXSH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hasumal Tandel Marg, 159/160, Kaliandas Udhyog Bhavan, Century Bazar, Prabhadevi, Mumbai, MH, IND, 400025

Website

https://www.moksh16.com

Moxsh Overseas Educon Ltd is an Edu-Medi Tech company engaged in the business of offering diverse and cohesive learning solutions, counselling and mobility services to students aspiring to pursue medical studies (MBBS) in India or abroad under its brand MOKSH. It also provides advisory to students for their medical career planning and execution. The company is a digitally native, technology led business, providing online learning program (test preparation) for medical entrance examinations, NEET-UG and for medicos (i.e. medical aspirants or graduates of a medical school) to appear for medical licensing examination, such as USMLE, PLAB, DHA, NeXT, FMGE etc, under its brand MOKSH Academy.

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