Mahip Industries (BOM:542503) Days Inventory : 0.00 (As of Mar. 2023)

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What is Mahip Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mahip Industries's Average Total Inventories for the six months ended in Mar. 2023 was ₹21.25 Mil. Mahip Industries's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹0.00 Mil.

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

BOM:542503' s Days Inventory Range Over the Past 10 Years
Min: 39.7 Med: 70.13 Max: 320.72
Current: 135.26

During the past 11 years, Mahip Industries's highest Days Inventory was 320.72. The lowest was 39.70. And the median was 70.13.

BOM:542503's Days Inventory is not ranked
in the Packaging & Containers industry.
Industry Median: 77.88 vs BOM:542503: 135.26

Mahip Industries's Days Inventory declined from Mar. 2022 (36.13) to Mar. 2023 (0.00).

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. Mahip Industries's Inventory Turnover for the six months ended in Mar. 2023 was 0.00.

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.

Mahip Industries Days Inventory Historical Data

The historical data trend for Mahip 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.

Mahip Industries Days Inventory Chart

Mahip Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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320.72

189.51

119.06

135.26

Mahip Industries Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Mar24
Days Inventory	Get a 7-Day Free Trial										113.47	36.13	-	-	-

Competitive Comparison of Mahip Industries's Days Inventory

For the Packaging & Containers subindustry, Mahip 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.

Mahip Industries's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Mahip Industries's Days Inventory distribution charts can be found below:

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

Mahip Industries Days Inventory Calculation

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

Mahip 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
=	( (21.247	+	0)	/	1 )	/	57.337	*	365
=	21.247					/	57.337	*	365
=	135.26

Mahip Industries's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (21.247	+	21.247)	/	2 )	/	0	*	365 / 2
=	21.247					/	0	*	365 / 2
=	N/A

Mahip Industries (BOM:542503) 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.

Mahip Industries's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	21.247
	=	0.00

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.

Mahip Industries's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21.247	/	0
	=

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.

Mahip Industries Days Inventory Related Terms

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

Mahip Industries (BOM:542503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mahip Industries Ltd (BOM:542503) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makarba, S.G. Road, A-902, Safal Solitaire, Near Divya Bhaskar, Ahmedabad, GJ, IND, 380015

Website

http://www.mahipindustriesltd.in

Mahip Industries Ltd is a manufacturer and trader of corrugated boxes. The company offers corrugated boxes for milk and biscuits, for drugs and medicines, processed and semi-processed foods, edible oils, fruits and vegetables, and for electronic goods.

Mahip Industries (BOM:542503) Headlines

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