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Metropolis Healthcare (BOM:542650) Days Inventory : 50.63 (As of Dec. 2024)


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What is Metropolis Healthcare Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Metropolis Healthcare's Average Total Inventories for the three months ended in Dec. 2024 was ₹371 Mil. Metropolis Healthcare's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹669 Mil. Hence, Metropolis Healthcare's Days Inventory for the three months ended in Dec. 2024 was 50.63.

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

BOM:542650' s Days Inventory Range Over the Past 10 Years
Min: 38.65   Med: 45.55   Max: 66.23
Current: 51.3

During the past 9 years, Metropolis Healthcare's highest Days Inventory was 66.23. The lowest was 38.65. And the median was 45.55.

BOM:542650's Days Inventory is ranked better than
60.54% of 185 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.66 vs BOM:542650: 51.30

Metropolis Healthcare's Days Inventory declined from Dec. 2023 (67.02) to Dec. 2024 (50.63).

Inventory Turnover measures how fast the company turns over its inventory within a year. Metropolis Healthcare's Inventory Turnover for the three months ended in Dec. 2024 was 1.80.

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. Metropolis Healthcare's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.12.


Metropolis Healthcare Days Inventory Historical Data

The historical data trend for Metropolis Healthcare'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.

Metropolis Healthcare Days Inventory Chart

Metropolis Healthcare Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only 43.17 45.55 58.22 66.23 58.30

Metropolis Healthcare 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 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 67.02 45.31 53.65 46.73 50.63

Competitive Comparison of Metropolis Healthcare's Days Inventory

For the Diagnostics & Research subindustry, Metropolis Healthcare'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.


Metropolis Healthcare's Days Inventory Distribution in the Medical Diagnostics & Research Industry

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

* The bar in red indicates where Metropolis Healthcare's Days Inventory falls into.


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Metropolis Healthcare Days Inventory Calculation

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

Metropolis Healthcare'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
=( (445.913 + 386.936) / 2 ) / 2607.231*365
=416.4245 / 2607.231*365
=58.30

Metropolis Healthcare'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
=( (371.428 + 0) / 1 ) / 669.45*365 / 4
=371.428 / 669.45*365 / 4
=50.63

* 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.


Metropolis Healthcare  (BOM:542650) 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.

Metropolis Healthcare's Inventory Turnover for the three months ended in Dec. 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.

Metropolis Healthcare's Inventory to Revenue for the three months ended in Dec. 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.


Metropolis Healthcare Days Inventory Related Terms

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


Metropolis Healthcare Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, 4th Floor, East Wing, Plot-254 B, Nirlon House, Worli, Mumbai, MH, IND, 400 030
Metropolis Healthcare Ltd is a diagnostic company in India. It offers a comprehensive range of clinical laboratory tests and profiles, which are used for the prediction, early detection, diagnostic screening, confirmation, and monitoring of the disease. It also offers analytical and supports services to clinical research organizations for their clinical research projects. Pathology service is the only principal activity and reportable segment from which the Group generates its revenue.

Metropolis Healthcare Headlines

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