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SMS Lifesciences India (BOM:540679) Days Inventory : 123.27 (As of Mar. 2024)


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What is SMS Lifesciences India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SMS Lifesciences India's Average Total Inventories for the three months ended in Mar. 2024 was ₹812 Mil. SMS Lifesciences India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹601 Mil. Hence, SMS Lifesciences India's Days Inventory for the three months ended in Mar. 2024 was 123.27.

The historical rank and industry rank for SMS Lifesciences India's Days Inventory or its related term are showing as below:

BOM:540679' s Days Inventory Range Over the Past 10 Years
Min: 77.71   Med: 112.82   Max: 146.36
Current: 140.31

During the past 9 years, SMS Lifesciences India's highest Days Inventory was 146.36. The lowest was 77.71. And the median was 112.82.

BOM:540679's Days Inventory is ranked better than
63.9% of 651 companies
in the Biotechnology industry
Industry Median: 194.42 vs BOM:540679: 140.31

SMS Lifesciences India's Days Inventory declined from Mar. 2023 (173.96) to Mar. 2024 (123.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. SMS Lifesciences India's Inventory Turnover for the three months ended in Mar. 2024 was 0.74.

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. SMS Lifesciences India's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.90.


SMS Lifesciences India Days Inventory Historical Data

The historical data trend for SMS Lifesciences India'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.

SMS Lifesciences India Days Inventory Chart

SMS Lifesciences India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 133.96 122.74 102.89 136.91 146.36

SMS Lifesciences India 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 173.96 137.19 148.06 145.11 123.27

Competitive Comparison of SMS Lifesciences India's Days Inventory

For the Biotechnology subindustry, SMS Lifesciences India'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.


SMS Lifesciences India's Days Inventory Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, SMS Lifesciences India's Days Inventory distribution charts can be found below:

* The bar in red indicates where SMS Lifesciences India's Days Inventory falls into.



SMS Lifesciences India Days Inventory Calculation

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

SMS Lifesciences India'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
=( (862.349 + 812.104) / 2 ) / 2087.926*365
=837.2265 / 2087.926*365
=146.36

SMS Lifesciences India'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 + 812.104) / 1 ) / 601.135*365 / 4
=812.104 / 601.135*365 / 4
=123.27

* 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.


SMS Lifesciences India  (BOM:540679) 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.

SMS Lifesciences India'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.

SMS Lifesciences India'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.


SMS Lifesciences India Days Inventory Related Terms

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


SMS Lifesciences India (BOM:540679) Business Description

Traded in Other Exchanges
Address
Road Number 71, Plot Number 19 - III, Opposite Bharatiya Vidya Bhavan Public School, Jubilee Hills, Hyderabad, TG, IND, 500096
SMS Lifesciences India Ltd is engaged in the Business of manufacturing of Active Pharmaceutical Ingredients (APIs) and its intermediates and sells its products in India as well as exports. The group sells its products in India and also exports it to other countries. Some of its API products are used in therapy as an Antiulcer, Antifungal, and Erectile Dysfunction.

SMS Lifesciences India (BOM:540679) Headlines

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