Dr Lalchandani Labs (BOM:541299) Days Inventory : 209.69 (As of Sep. 2023)

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What is Dr Lalchandani Labs Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dr Lalchandani Labs's Average Total Inventories for the six months ended in Sep. 2023 was ₹14.73 Mil. Dr Lalchandani Labs's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹12.82 Mil. Hence, Dr Lalchandani Labs's Days Inventory for the six months ended in Sep. 2023 was 209.69.

The historical rank and industry rank for Dr Lalchandani Labs's Days Inventory or its related term are showing as below:

BOM:541299' s Days Inventory Range Over the Past 10 Years
Min: 22.81 Med: 95.86 Max: 462.45
Current: 300.12

During the past 11 years, Dr Lalchandani Labs's highest Days Inventory was 462.45. The lowest was 22.81. And the median was 95.86.

BOM:541299's Days Inventory is ranked worse than
91.49% of 188 companies
in the Medical Diagnostics & Research industry
Industry Median: 67.465 vs BOM:541299: 300.12

Dr Lalchandani Labs's Days Inventory declined from Sep. 2022 (419.88) to Sep. 2023 (209.69).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dr Lalchandani Labs's Inventory Turnover for the six months ended in Sep. 2023 was 0.87.

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. Dr Lalchandani Labs's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.54.

Dr Lalchandani Labs Days Inventory Historical Data

The historical data trend for Dr Lalchandani Labs'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.

Dr Lalchandani Labs Days Inventory Chart

Dr Lalchandani Labs Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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198.90

141.12

59.37

136.98

462.45

Dr Lalchandani Labs Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial													54.11	754.19	419.88	518.83	209.69

Competitive Comparison of Dr Lalchandani Labs's Days Inventory

For the Diagnostics & Research subindustry, Dr Lalchandani Labs'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.

Dr Lalchandani Labs's Days Inventory Distribution in the Medical Diagnostics & Research Industry

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

* The bar in red indicates where Dr Lalchandani Labs's Days Inventory falls into.

Dr Lalchandani Labs Days Inventory Calculation

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

Dr Lalchandani Labs'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
=	( (15.56	+	15.223)	/	2 )	/	12.148	*	365
=	15.3915					/	12.148	*	365
=	462.45

Dr Lalchandani Labs's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (15.223	+	14.237)	/	2 )	/	12.82	*	365 / 2
=	14.73					/	12.82	*	365 / 2
=	209.69

Dr Lalchandani Labs (BOM:541299) 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.

Dr Lalchandani Labs's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.82	/	14.73
	=	0.87

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.

Dr Lalchandani Labs's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.73	/	27.261
	=	0.54

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.

Dr Lalchandani Labs Days Inventory Related Terms

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Dr Lalchandani Labs (BOM:541299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Dr Lalchandani Labs Ltd (BOM:541299) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Greater Kailash, Part-1, M-20, Basement, South Delhi, New Delhi, IND, 110048

Website

https://www.lalchandanipathlab.com

Dr Lalchandani Labs Ltd engages in the business of running laboratories for carrying out pathological investigations of various branches of biochemistry, hematology, histopathology, microbiology, electrophoresis, immunology, virology, cytology, and other pathological and radiological investigations. It also offers Immunoassay, Immuno-Histochemistry, Molecular Pathology, DNA, and Genetic Testing. The company operates in two segments B2B sales and B2C sales, out of which the majority is from B2C sales. Revenue is generated from the sale of services.

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