Mawana Sugars (BOM:523371) Days Inventory : 121.12 (As of Dec. 2023)

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What is Mawana Sugars Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mawana Sugars's Average Total Inventories for the three months ended in Dec. 2023 was ₹3,105 Mil. Mawana Sugars's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,339 Mil. Hence, Mawana Sugars's Days Inventory for the three months ended in Dec. 2023 was 121.12.

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

BOM:523371' s Days Inventory Range Over the Past 10 Years
Min: 68.24 Med: 211.47 Max: 305.12
Current: 146.86

During the past 13 years, Mawana Sugars's highest Days Inventory was 305.12. The lowest was 68.24. And the median was 211.47.

BOM:523371's Days Inventory is ranked worse than
76.3% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs BOM:523371: 146.86

Mawana Sugars's Days Inventory increased from Dec. 2022 (85.14) to Dec. 2023 (121.12). It might indicate that Mawana Sugars's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mawana Sugars's Inventory Turnover for the three months ended in Dec. 2023 was 0.75.

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. Mawana Sugars's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.95.

Mawana Sugars Days Inventory Historical Data

The historical data trend for Mawana Sugars'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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Mawana Sugars Days Inventory Chart

Mawana Sugars Annual Data

Trend

Sep12

Sep13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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256.09

305.12

244.63

221.68

201.26

Mawana Sugars Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															85.14	234.33	219.93	79.14	121.12

Competitive Comparison of Mawana Sugars's Days Inventory

For the Confectioners subindustry, Mawana Sugars'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.

Mawana Sugars's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mawana Sugars's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mawana Sugars's Days Inventory falls into.

Mawana Sugars Days Inventory Calculation

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

Mawana Sugars'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
=	( (7000.1	+	6877.5)	/	2 )	/	12583.8	*	365
=	6938.8					/	12583.8	*	365
=	201.26

Mawana Sugars's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3104.5	+	0)	/	1 )	/	2338.9	*	365 / 4
=	3104.5					/	2338.9	*	365 / 4
=	121.12

Mawana Sugars (BOM:523371) 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.

Mawana Sugars's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2338.9	/	3104.5
	=	0.75

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.

Mawana Sugars's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3104.5	/	3259.9
	=	0.95

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.

Mawana Sugars Days Inventory Related Terms

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

Mawana Sugars (BOM:523371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mawana Sugars Ltd (BOM:523371) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

MAWANASUG:India

Address

Plot No. 03, Institutional Area, Sector - 32, Gurugram, HR, IND, 122001

Website

https://www.mawanasugars.com

Mawana Sugars Ltd is an Indian company engaged in the manufacture and marketing of Sugar and related by-products from Sugar Cane and Co-generation of Power and production of Ethanol. It manufactures and sells white sugar, refined sugar, among others. The company's business Segment includes Sugar, Power, and Distillery. Majority of its revenue comes from the sugar business.

Mawana Sugars (BOM:523371) Headlines

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