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Ind-Swift (BOM:524652) Days Inventory : 91.80 (As of Jun. 2024)


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What is Ind-Swift Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ind-Swift's Average Total Inventories for the three months ended in Jun. 2024 was ₹641 Mil. Ind-Swift's Cost of Goods Sold for the three months ended in Jun. 2024 was ₹637 Mil. Hence, Ind-Swift's Days Inventory for the three months ended in Jun. 2024 was 91.80.

The historical rank and industry rank for Ind-Swift's Days Inventory or its related term are showing as below:

BOM:524652' s Days Inventory Range Over the Past 10 Years
Min: 86.16   Med: 101.32   Max: 170.15
Current: 92.62

During the past 13 years, Ind-Swift's highest Days Inventory was 170.15. The lowest was 86.16. And the median was 101.32.

BOM:524652's Days Inventory is ranked better than
79.35% of 959 companies
in the Drug Manufacturers industry
Industry Median: 155.58 vs BOM:524652: 92.62

Ind-Swift's Days Inventory declined from Jun. 2023 (92.94) to Jun. 2024 (91.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ind-Swift's Inventory Turnover for the three months ended in Jun. 2024 was 0.99.

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. Ind-Swift's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.56.


Ind-Swift Days Inventory Historical Data

The historical data trend for Ind-Swift'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.

Ind-Swift Days Inventory Chart

Ind-Swift 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 87.43 100.27 102.37 119.91 91.36

Ind-Swift Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 92.94 86.42 96.19 60.37 91.80

Competitive Comparison of Ind-Swift's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Ind-Swift'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.


Ind-Swift's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Ind-Swift's Days Inventory falls into.



Ind-Swift Days Inventory Calculation

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

Ind-Swift'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
=( (893.482 + 640.915) / 2 ) / 3065.017*365
=767.1985 / 3065.017*365
=91.36

Ind-Swift's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (640.915 + 0) / 1 ) / 637.058*365 / 4
=640.915 / 637.058*365 / 4
=91.80

* 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.


Ind-Swift  (BOM:524652) 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.

Ind-Swift's Inventory Turnover for the three months ended in Jun. 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.

Ind-Swift's Inventory to Revenue for the three months ended in Jun. 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.


Ind-Swift Days Inventory Related Terms

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


Ind-Swift Business Description

Traded in Other Exchanges
Address
781, Industrial Area, Phase II, Chandigarh, IND, 160002
Ind-Swift Ltd is an India-based pharmaceutical company. It engages in the manufacturing and marketing of pharmaceutical products. The company's products are classified into divisions namely, Generic Division, NOVA Division, Ethical Division, Nobel Division, Herba Plus Division, Institution Division, and Proposed Division. The manufacturing facilities of the firm are situated in (Derabassi)Punjab, India. Substantial revenue accrues from export sales of products.

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