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Maitri Enterprises (BOM:513430) Days Inventory : 81.62 (As of Sep. 2024)


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What is Maitri Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maitri Enterprises's Average Total Inventories for the three months ended in Sep. 2024 was ₹51.4 Mil. Maitri Enterprises's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹57.5 Mil. Hence, Maitri Enterprises's Days Inventory for the three months ended in Sep. 2024 was 81.62.

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

BOM:513430' s Days Inventory Range Over the Past 10 Years
Min: 74.48   Med: 248.28   Max: 632.22
Current: 107.56

During the past 13 years, Maitri Enterprises's highest Days Inventory was 632.22. The lowest was 74.48. And the median was 248.28.

BOM:513430's Days Inventory is ranked worse than
85.29% of 476 companies
in the Healthcare Providers & Services industry
Industry Median: 31.015 vs BOM:513430: 107.56

Maitri Enterprises's Days Inventory declined from Sep. 2023 (308.27) to Sep. 2024 (81.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. Maitri Enterprises's Inventory Turnover for the three months ended in Sep. 2024 was 1.12.

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. Maitri Enterprises's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.70.


Maitri Enterprises Days Inventory Historical Data

The historical data trend for Maitri Enterprises'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.

Maitri Enterprises Days Inventory Chart

Maitri Enterprises Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.20 266.29 96.90 230.26 156.00

Maitri Enterprises Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 308.27 165.10 100.44 85.25 81.62

Competitive Comparison of Maitri Enterprises's Days Inventory

For the Pharmaceutical Retailers subindustry, Maitri Enterprises'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.


Maitri Enterprises's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Maitri Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where Maitri Enterprises's Days Inventory falls into.



Maitri Enterprises Days Inventory Calculation

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

Maitri Enterprises'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
=( (79.163 + 65.005) / 2 ) / 168.659*365
=72.084 / 168.659*365
=156.00

Maitri Enterprises's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 51.387) / 1 ) / 57.451*365 / 4
=51.387 / 57.451*365 / 4
=81.62

* 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.


Maitri Enterprises  (BOM:513430) 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.

Maitri Enterprises's Inventory Turnover for the three months ended in Sep. 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.

Maitri Enterprises's Inventory to Revenue for the three months ended in Sep. 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.


Maitri Enterprises Days Inventory Related Terms

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


Maitri Enterprises Business Description

Traded in Other Exchanges
N/A
Address
Gayatri House, Near Maitri Avenue Society, Ashok Vihar, Opposite Government Engineering College, Motera, Sabarmati, Ahmedabad, GJ, IND, 380005
Maitri Enterprises Ltd is engaged in the trading of pharmaceutical and medical goods in India. It is also engaged in the Manufacturing of metal furniture and trading of building materials. Its segment includes: Pharmaceutical Goods segment and Sale of service by way of works contract segment, which derives maximum revenue.

Maitri Enterprises Headlines

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