Dipna Pharmachem (BOM:543594) Days Inventory : 69.25 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Dipna Pharmachem Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dipna Pharmachem's Average Total Inventories for the six months ended in Mar. 2024 was ₹328 Mil. Dipna Pharmachem's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹865 Mil. Hence, Dipna Pharmachem's Days Inventory for the six months ended in Mar. 2024 was 69.25.

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

BOM:543594' s Days Inventory Range Over the Past 10 Years
Min: 35.91 Med: 65.09 Max: 78.62
Current: 65.17

During the past 5 years, Dipna Pharmachem's highest Days Inventory was 78.62. The lowest was 35.91. And the median was 65.09.

BOM:543594's Days Inventory is ranked worse than
72.25% of 472 companies
in the Healthcare Providers & Services industry
Industry Median: 32.575 vs BOM:543594: 65.17

Dipna Pharmachem's Days Inventory increased from Mar. 2023 (64.44) to Mar. 2024 (69.25). It might indicate that Dipna Pharmachem'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. Dipna Pharmachem's Inventory Turnover for the six months ended in Mar. 2024 was 2.64.

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. Dipna Pharmachem's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.36.

Dipna Pharmachem Days Inventory Historical Data

The historical data trend for Dipna Pharmachem'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.

Dipna Pharmachem Days Inventory Chart

Dipna Pharmachem Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

69.93

78.62

35.91

48.25

65.09

Dipna Pharmachem Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial			28.16	43.08	64.44	60.32	69.25

Competitive Comparison of Dipna Pharmachem's Days Inventory

For the Pharmaceutical Retailers subindustry, Dipna Pharmachem'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.

Dipna Pharmachem's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dipna Pharmachem's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dipna Pharmachem's Days Inventory falls into.

Dipna Pharmachem Days Inventory Calculation

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

Dipna Pharmachem'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
=	( (189.431	+	373.818)	/	2 )	/	1579.146	*	365
=	281.6245					/	1579.146	*	365
=	65.09

Dipna Pharmachem's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (282.672	+	373.818)	/	2 )	/	864.992	*	365 / 2
=	328.245					/	864.992	*	365 / 2
=	69.25

Dipna Pharmachem (BOM:543594) 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.

Dipna Pharmachem's Inventory Turnover for the six months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	864.992	/	328.245
	=	2.64

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.

Dipna Pharmachem's Inventory to Revenue for the six months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	328.245	/	903.053
	=	0.36

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.

Dipna Pharmachem Days Inventory Related Terms

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

Dipna Pharmachem (BOM:543594) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dipna Pharmachem Ltd (BOM:543594) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

A/211, Siddhi Vinayak Complex, Near D.A.V. School, Makarba, Ahmedabad, GJ, IND, 380 055

Website

https://www.dipnapharmachem.com

Dipna Pharmachem Ltd is engaged in the trading and distribution of a wide range of pharmaceutical raw materials which is also known as APIs (Active Pharmaceutical Ingredients), Excipient and chemical formulation products. The company's product portfolio comprises 61 AIPs and AIPs intermediates such as Cephalosporins, Cardiovascular, Anti - Bacteria, Quinolones, Veterinary, Anti - Virus, Anti - Inflammatory, Neuropsychiatry, Steroid Hormone and others.

Dipna Pharmachem (BOM:543594) Headlines

No Headlines