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Vijaya Diagnostic Centre (BOM:543350) Days Inventory : 29.04 (As of Dec. 2024)


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What is Vijaya Diagnostic Centre Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vijaya Diagnostic Centre's Average Total Inventories for the three months ended in Dec. 2024 was ₹66 Mil. Vijaya Diagnostic Centre's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹209 Mil. Hence, Vijaya Diagnostic Centre's Days Inventory for the three months ended in Dec. 2024 was 29.04.

The historical rank and industry rank for Vijaya Diagnostic Centre's Days Inventory or its related term are showing as below:

BOM:543350' s Days Inventory Range Over the Past 10 Years
Min: 17.32   Med: 19.62   Max: 23.17
Current: 23.17

During the past 6 years, Vijaya Diagnostic Centre's highest Days Inventory was 23.17. The lowest was 17.32. And the median was 19.62.

BOM:543350's Days Inventory is ranked better than
82.7% of 185 companies
in the Medical Diagnostics & Research industry
Industry Median: 68.66 vs BOM:543350: 23.17

Vijaya Diagnostic Centre's Days Inventory increased from Dec. 2023 (21.05) to Dec. 2024 (29.04). It might indicate that Vijaya Diagnostic Centre's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vijaya Diagnostic Centre's Inventory Turnover for the three months ended in Dec. 2024 was 3.14.

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. Vijaya Diagnostic Centre's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.04.


Vijaya Diagnostic Centre Days Inventory Historical Data

The historical data trend for Vijaya Diagnostic Centre'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.

Vijaya Diagnostic Centre Days Inventory Chart

Vijaya Diagnostic Centre Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial 20.58 17.32 17.67 19.60 20.17

Vijaya Diagnostic Centre 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 21.05 25.14 25.21 26.34 29.04

Competitive Comparison of Vijaya Diagnostic Centre's Days Inventory

For the Diagnostics & Research subindustry, Vijaya Diagnostic Centre'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.


Vijaya Diagnostic Centre's Days Inventory Distribution in the Medical Diagnostics & Research Industry

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

* The bar in red indicates where Vijaya Diagnostic Centre's Days Inventory falls into.



Vijaya Diagnostic Centre Days Inventory Calculation

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

Vijaya Diagnostic Centre'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
=( (20.486 + 51.827) / 2 ) / 654.384*365
=36.1565 / 654.384*365
=20.17

Vijaya Diagnostic Centre'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
=( (66.364 + 0) / 1 ) / 208.525*365 / 4
=66.364 / 208.525*365 / 4
=29.04

* 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.


Vijaya Diagnostic Centre  (BOM:543350) 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.

Vijaya Diagnostic Centre'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.

Vijaya Diagnostic Centre'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.


Vijaya Diagnostic Centre Days Inventory Related Terms

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


Vijaya Diagnostic Centre Business Description

Traded in Other Exchanges
Address
Ground Floor, FPAI Building, No 6-3-883/F, Punjagutta Officers Colony, Near Topaz Building, Hyderabad, TG, IND, 500 082
Vijaya Diagnostic Centre Ltd operates a diagnostic chain in Southern India. The company offers a one-stop solution for pathology and radiology testing services. It provides routine tests, specialized pathology tests, basic tests, and advanced radiology tests. The company also offers a broad spectrum of customized health and wellness packages to its customers. The company's revenue comes from many diagnostic centers, where high-volume sales drive its earnings. The Company operates within India. The company's operations fall within a single business segment, which is Diagnostic Services.

Vijaya Diagnostic Centre Headlines

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