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Dolphin Medical Services (BOM:526504) Days Inventory : 19.53 (As of Mar. 2024)


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What is Dolphin Medical Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dolphin Medical Services's Average Total Inventories for the three months ended in Mar. 2024 was ₹0.07 Mil. Dolphin Medical Services's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹0.34 Mil. Hence, Dolphin Medical Services's Days Inventory for the three months ended in Mar. 2024 was 19.53.

The historical rank and industry rank for Dolphin Medical Services's Days Inventory or its related term are showing as below:

BOM:526504' s Days Inventory Range Over the Past 10 Years
Min: 6.38   Med: 17.29   Max: 66.43
Current: 28.03

During the past 13 years, Dolphin Medical Services's highest Days Inventory was 66.43. The lowest was 6.38. And the median was 17.29.

BOM:526504's Days Inventory is ranked better than
75.94% of 187 companies
in the Medical Diagnostics & Research industry
Industry Median: 72.3 vs BOM:526504: 28.03

Dolphin Medical Services's Days Inventory declined from Mar. 2023 (20.98) to Mar. 2024 (19.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dolphin Medical Services's Inventory Turnover for the three months ended in Mar. 2024 was 4.67.

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. Dolphin Medical Services's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.05.


Dolphin Medical Services Days Inventory Historical Data

The historical data trend for Dolphin Medical Services'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.

Dolphin Medical Services Days Inventory Chart

Dolphin Medical Services 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 6.38 8.34 9.78 12.75 18.63

Dolphin Medical Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.98 16.90 50.03 44.53 19.53

Competitive Comparison of Dolphin Medical Services's Days Inventory

For the Diagnostics & Research subindustry, Dolphin Medical Services'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.


Dolphin Medical Services's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Dolphin Medical Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dolphin Medical Services's Days Inventory falls into.



Dolphin Medical Services Days Inventory Calculation

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

Dolphin Medical Services'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
=( (0.04 + 0.073) / 2 ) / 1.107*365
=0.0565 / 1.107*365
=18.63

Dolphin Medical Services's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0.073) / 1 ) / 0.341*365 / 4
=0.073 / 0.341*365 / 4
=19.53

* 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.


Dolphin Medical Services  (BOM:526504) 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.

Dolphin Medical Services's Inventory Turnover for the three months ended in Mar. 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.

Dolphin Medical Services's Inventory to Revenue for the three months ended in Mar. 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.


Dolphin Medical Services Days Inventory Related Terms

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


Dolphin Medical Services (BOM:526504) Business Description

Traded in Other Exchanges
N/A
Address
D.No.29-28/1-27, Kovelamudivari Veedhi, Suryaraopet, Vijayawada, AP, IND, 520 002
Dolphin Medical Services Ltd is an India-based company engaged in providing diagnostics and other allied services. It includes a range of tests covering radiology and imaging, biochemistry, pathology, and microbiology. In addition, the company is also involved in Information Technology, Biotechnology, and Herbal sectors. Services provided by the company are Diagnostic Centre provides all the services under one roof; the Ophthalmic Laser Care Centre provides total laser eye treatment as "Dolphin Nethralaya"; Teleradiology Services; Clinical Trials and Life Sciences division; Medical Equipment & Goods associated distribution; Bio-Tech Division is to provide Foods and Herbal Products and Dolphin Electronic Solution and Technologies(DEST).

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