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Krsnaa Diagnostics (BOM:543328) Days Inventory : 63.00 (As of Dec. 2023)


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What is Krsnaa Diagnostics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Krsnaa Diagnostics's Average Total Inventories for the three months ended in Dec. 2023 was ₹364 Mil. Krsnaa Diagnostics's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹528 Mil. Hence, Krsnaa Diagnostics's Days Inventory for the three months ended in Dec. 2023 was 63.00.

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

BOM:543328' s Days Inventory Range Over the Past 10 Years
Min: 11.67   Med: 17.76   Max: 48.97
Current: 48.97

During the past 5 years, Krsnaa Diagnostics's highest Days Inventory was 48.97. The lowest was 11.67. And the median was 17.76.

BOM:543328's Days Inventory is ranked better than
60% of 190 companies
in the Medical Diagnostics & Research industry
Industry Median: 66.175 vs BOM:543328: 48.97

Krsnaa Diagnostics's Days Inventory increased from Dec. 2022 (44.31) to Dec. 2023 (63.00). It might indicate that Krsnaa Diagnostics's sales slowed down.

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. Krsnaa Diagnostics's Inventory Turnover for the three months ended in Dec. 2023 was 1.45.

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. Krsnaa Diagnostics's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.23.


Krsnaa Diagnostics Days Inventory Historical Data

The historical data trend for Krsnaa Diagnostics'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.

Krsnaa Diagnostics Days Inventory Chart

Krsnaa Diagnostics Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
19.30 16.40 11.67 17.76 40.22

Krsnaa Diagnostics Quarterly Data
Mar19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 44.31 54.89 50.67 59.17 63.00

Competitive Comparison of Krsnaa Diagnostics's Days Inventory

For the Diagnostics & Research subindustry, Krsnaa Diagnostics'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.


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

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

* The bar in red indicates where Krsnaa Diagnostics's Days Inventory falls into.



Krsnaa Diagnostics Days Inventory Calculation

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

Krsnaa Diagnostics'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
=( (91.7 + 250.74) / 2 ) / 1553.86*365
=171.22 / 1553.86*365
=40.22

Krsnaa Diagnostics's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (364.3 + 0) / 1 ) / 527.62*365 / 4
=364.3 / 527.62*365 / 4
=63.00

* 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.


Krsnaa Diagnostics  (BOM:543328) 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.

Krsnaa Diagnostics's Inventory Turnover for the three months ended in Dec. 2023 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.

Krsnaa Diagnostics's Inventory to Revenue for the three months ended in Dec. 2023 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.


Krsnaa Diagnostics Days Inventory Related Terms

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


Krsnaa Diagnostics (BOM:543328) Business Description

Traded in Other Exchanges
Address
S.No. 243, A-Hissa No. 6, CTS No. 4519, 4519/1, Near Chinchwad Station, Chinchwad, Taluka - Haveli, Pune, MH, IND, 411 019
Krsnaa Diagnostics Ltd is a diagnostic services provider, both in Radiology and Pathology. It offers a wide range of diagnostic services such as imaging/radiology services, routine clinical laboratory tests, pathology, and tele-radiology services to private and public hospitals, medical colleges, and community health centres.

Krsnaa Diagnostics (BOM:543328) Headlines

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