Mihika Industries (BOM:538895) Days Inventory : 0.00 (As of Dec. 2024)

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What is Mihika Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mihika Industries's Average Total Inventories for the three months ended in Dec. 2024 was ₹0.0 Mil. Mihika Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹5.0 Mil. Hence, Mihika Industries's Days Inventory for the three months ended in Dec. 2024 was 0.00.

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

During the past 11 years, Mihika Industries's highest Days Inventory was 7.13. The lowest was 6.01. And the median was 6.57.

BOM:538895's Days Inventory is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 126.02
* Ranked among companies with meaningful Days Inventory only.

Mihika Industries's Days Inventory stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Mihika Industries's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.00.

Mihika Industries Days Inventory Historical Data

The historical data trend for Mihika Industries'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.

Mihika Industries Days Inventory Chart

Mihika Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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Mihika Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Mihika Industries's Days Inventory

For the Textile Manufacturing subindustry, Mihika Industries'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.

Mihika Industries's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mihika Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mihika Industries's Days Inventory falls into.

Mihika Industries Days Inventory Calculation

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

Mihika Industries'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	+	0)	/	1 )	/	61.4	*	365
=	0					/	61.4	*	365
=	0.00

Mihika Industries's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	4.954	*	365 / 4
=	0					/	4.954	*	365 / 4
=	0.00

Mihika Industries (BOM:538895) 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.

Mihika Industries's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.954	/	0
	=

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.

Mihika Industries's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	5.47
	=	0.00

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.

Mihika Industries Days Inventory Related Terms

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

Mihika Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mihika Industries Ltd (BOM:538895) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Ashok Vatika Road, B-1810, Navratna Corporate Park, Ambli, Ahmedabad, GJ, IND, 380 058

Website

http://www.mihikaindustries.co.in

Mihika Industries Ltd is engaged in the trading of Agriculture goods and Commodity & Agri Materials. The Company operates only in one Business Segment: Agri Trading Business.

Mihika Industries Headlines

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