Vivid Mercantile (BOM:542046) Days Inventory

: 1,528.43 (As of Sep. 2022)

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Days Inventory is also known as Days Sales of Inventory (DSI). Vivid Mercantile's Average Total Inventories for the six months ended in Sep. 2022 was ₹195.2 Mil. Vivid Mercantile's Cost of Goods Sold for the six months ended in Sep. 2022 was ₹23.3 Mil. Hence, Vivid Mercantile's Days Inventory for the six months ended in Sep. 2022 was 1,528.43.

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

BOM:542046' s Days Inventory Range Over the Past 10 Years
Min: 30.49 Med: 244.37 Max: 1001.47
Current: 488.48

During the past 9 years, Vivid Mercantile's highest Days Inventory was 1001.47. The lowest was 30.49. And the median was 244.37.

BOM:542046's Days Inventory is ranked worse than
97.11% of 658 companies
in the Business Services industry
Industry Median: 30.63 vs BOM:542046: 488.48

Vivid Mercantile's Days Inventory increased from Sep. 2021 (113.78) to Sep. 2022 (1,528.43). It might indicate that Vivid Mercantile'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. Vivid Mercantile's Inventory Turnover for the six months ended in Sep. 2022 was 0.12.

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. Vivid Mercantile's Inventory-to-Revenue for the six months ended in Sep. 2022 was 9.72.

Vivid Mercantile Days Inventory Historical Data

The historical data trend for Vivid Mercantile'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.

Vivid Mercantile Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Inventory

34.75

75.29

30.49

122.91

244.37

Vivid Mercantile Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Days Inventory										355.18	107.93	113.78	198.51	1,528.43

Competitive Comparison

For the Specialty Business Services subindustry, Vivid Mercantile'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.

Annual Data Quarterly Data

Vivid Mercantile Days Inventory Distribution

For the Business Services industry and Industrials sector, Vivid Mercantile's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vivid Mercantile's Days Inventory falls in comparison to its industry or sector. The grey bar indicates the Days Inventory's extreme value range as defined by GuruFocus.

Vivid Mercantile Days Inventory Calculation

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

Vivid Mercantile's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

	Days Inventory (A: Mar. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (88.336	+	147.266)	/	2 )	/	175.951	*	365
=	117.801					/	175.951	*	365
=	244.37

Vivid Mercantile's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

	Days Inventory (Q: Sep. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (147.266	+	243.174)	/	2 )	/	23.31	*	365 / 2
=	195.22					/	23.31	*	365 / 2
=	1,528.43

Vivid Mercantile (BOM:542046) 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.

Vivid Mercantile's Inventory Turnover for the six months ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	23.31	/	195.22
	=	0.12

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.

Vivid Mercantile's Inventory to Revenue for the six months ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	195.22	/	20.09
	=	9.72

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.

Vivid Mercantile Days Inventory Related Terms

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

Vivid Mercantile (BOM:542046) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Vivid Mercantile Ltd (BOM:542046) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Basement Medicare Centre, Behind M. J. Library, Opposite Stock Exchange, Ellisbridge, Ahmedabad, GJ, IND, 380006

Website

http://www.vividmercantile.com

Vivid Mercantile Ltd is engaged in the business of printing, trading of general merchandise, and real estate. The company offers multi-color offset printing services, single color offset printing services, commercial printing services for calendars, catalogs, brochures, posters, and annual reports manuals.

Vivid Mercantile (BOM:542046) Headlines

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