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Ipca Laboratories (BOM:524494) Days Inventory : 302.94 (As of Sep. 2024)


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What is Ipca Laboratories Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ipca Laboratories's Average Total Inventories for the three months ended in Sep. 2024 was ₹25,183 Mil. Ipca Laboratories's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹7,586 Mil. Hence, Ipca Laboratories's Days Inventory for the three months ended in Sep. 2024 was 302.94.

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

BOM:524494' s Days Inventory Range Over the Past 10 Years
Min: 255.85   Med: 274.88   Max: 308.49
Current: 308.49

During the past 13 years, Ipca Laboratories's highest Days Inventory was 308.49. The lowest was 255.85. And the median was 274.88.

BOM:524494's Days Inventory is ranked worse than
86.24% of 945 companies
in the Drug Manufacturers industry
Industry Median: 156.81 vs BOM:524494: 308.49

Ipca Laboratories's Days Inventory declined from Sep. 2023 (330.21) to Sep. 2024 (302.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ipca Laboratories's Inventory Turnover for the three months ended in Sep. 2024 was 0.30.

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. Ipca Laboratories's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.07.


Ipca Laboratories Days Inventory Historical Data

The historical data trend for Ipca Laboratories'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.

Ipca Laboratories Days Inventory Chart

Ipca Laboratories 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 255.85 295.56 299.21 273.00 282.19

Ipca Laboratories 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 330.21 321.03 269.77 350.44 302.94

Competitive Comparison of Ipca Laboratories's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Ipca Laboratories'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.


Ipca Laboratories's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ipca Laboratories's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ipca Laboratories's Days Inventory falls into.



Ipca Laboratories Days Inventory Calculation

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

Ipca Laboratories'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
=( (17433.7 + 24713.1) / 2 ) / 27257.9*365
=21073.4 / 27257.9*365
=282.19

Ipca Laboratories'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 + 25183.1) / 1 ) / 7585.6*365 / 4
=25183.1 / 7585.6*365 / 4
=302.94

* 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.


Ipca Laboratories  (BOM:524494) 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.

Ipca Laboratories'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.

Ipca Laboratories'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.


Ipca Laboratories Days Inventory Related Terms

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


Ipca Laboratories Business Description

Traded in Other Exchanges
Address
125, Kandivli Industrial Estate, Kandivli (West), Mumbai, MH, IND, 400067
Ipca Laboratories Ltd is a pharmaceutical company. The company's principal activity is the Development, Manufacturing, and Marketing of Pharmaceuticals Products. The company's API products include Atenolol (anti-hypertensive), Chloroquine Phosphate (anti-malarial), Chlorthalidone (diuretic), Furosemide (diuretic), Hydroxychloroquine Sulphate (DMARD), Losartan. The company has only one reportable primary business segment, pharmaceuticals.

Ipca Laboratories Headlines

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