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Maan Aluminium (BOM:532906) Days Inventory : 13.91 (As of Dec. 2023)


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What is Maan Aluminium Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maan Aluminium's Average Total Inventories for the three months ended in Dec. 2023 was ₹281 Mil. Maan Aluminium's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,844 Mil. Hence, Maan Aluminium's Days Inventory for the three months ended in Dec. 2023 was 13.91.

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

BOM:532906' s Days Inventory Range Over the Past 10 Years
Min: 6.03   Med: 22.53   Max: 67.75
Current: 12.61

During the past 13 years, Maan Aluminium's highest Days Inventory was 67.75. The lowest was 6.03. And the median was 22.53.

BOM:532906's Days Inventory is ranked better than
96.69% of 664 companies
in the Metals & Mining industry
Industry Median: 88.535 vs BOM:532906: 12.61

Maan Aluminium's Days Inventory declined from Dec. 2022 (17.96) to Dec. 2023 (13.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Maan Aluminium's Inventory Turnover for the three months ended in Dec. 2023 was 6.56.

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. Maan Aluminium's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.13.


Maan Aluminium Days Inventory Historical Data

The historical data trend for Maan Aluminium'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.

Maan Aluminium Days Inventory Chart

Maan Aluminium Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.03 9.93 25.03 25.81 20.02

Maan Aluminium 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 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 17.96 13.10 18.42 9.53 13.91

Competitive Comparison of Maan Aluminium's Days Inventory

For the Aluminum subindustry, Maan Aluminium'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.


Maan Aluminium's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Maan Aluminium's Days Inventory distribution charts can be found below:

* The bar in red indicates where Maan Aluminium's Days Inventory falls into.



Maan Aluminium Days Inventory Calculation

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

Maan Aluminium'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
=( (371.905 + 349.532) / 2 ) / 6576.004*365
=360.7185 / 6576.004*365
=20.02

Maan Aluminium'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
=( (281.2 + 0) / 1 ) / 1844.4*365 / 4
=281.2 / 1844.4*365 / 4
=13.91

* 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.


Maan Aluminium  (BOM:532906) 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.

Maan Aluminium's Inventory Turnover for the three months ended in Dec. 2023 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.

Maan Aluminium's Inventory to Revenue for the three months ended in Dec. 2023 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.


Maan Aluminium Days Inventory Related Terms

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


Maan Aluminium (BOM:532906) Business Description

Traded in Other Exchanges
Address
Asaf Ali Road, Building No. 4/5, 1st Floor, New Delhi, IND, 110002
Maan Aluminium Ltd manufactures and supplies Aluminum Extruded Products in India. It is engaged in the manufacturing of aluminium profiles, aluminium ingots, aluminium billets, and other related activities. Some of its products include Bars, Channels, I Beems, Angels, Tee, Tubes, Doors & Windows, Curtainwall, Glazing, Tower Bolts, and Handles.

Maan Aluminium (BOM:532906) Headlines

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