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Marico Bangladesh (DHA:MARICO) Days Inventory : 166.51 (As of Sep. 2024)


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What is Marico Bangladesh Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Marico Bangladesh's Average Total Inventories for the three months ended in Sep. 2024 was BDT2,972 Mil. Marico Bangladesh's Cost of Goods Sold for the three months ended in Sep. 2024 was BDT1,629 Mil. Hence, Marico Bangladesh's Days Inventory for the three months ended in Sep. 2024 was 166.51.

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

DHA:MARICO' s Days Inventory Range Over the Past 10 Years
Min: 114.61   Med: 131.15   Max: 185.41
Current: 185.41

During the past 11 years, Marico Bangladesh's highest Days Inventory was 185.41. The lowest was 114.61. And the median was 131.15.

DHA:MARICO's Days Inventory is ranked worse than
84.37% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 81.87 vs DHA:MARICO: 185.41

Marico Bangladesh's Days Inventory increased from Sep. 2023 (165.23) to Sep. 2024 (166.51). It might indicate that Marico Bangladesh's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marico Bangladesh's Inventory Turnover for the three months ended in Sep. 2024 was 0.55.

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. Marico Bangladesh's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.73.


Marico Bangladesh Days Inventory Historical Data

The historical data trend for Marico Bangladesh'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.

Marico Bangladesh Days Inventory Chart

Marico Bangladesh Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.26 142.13 132.05 130.25 175.94

Marico Bangladesh Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 165.23 201.20 216.65 174.99 166.51

Competitive Comparison of Marico Bangladesh's Days Inventory

For the Household & Personal Products subindustry, Marico Bangladesh'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.


Marico Bangladesh's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marico Bangladesh's Days Inventory distribution charts can be found below:

* The bar in red indicates where Marico Bangladesh's Days Inventory falls into.



Marico Bangladesh Days Inventory Calculation

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

Marico Bangladesh'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
=( (2528.55 + 3351.468) / 2 ) / 6099.251*365
=2940.009 / 6099.251*365
=175.94

Marico Bangladesh's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (3122.504 + 2821.738) / 2 ) / 1628.8*365 / 4
=2972.121 / 1628.8*365 / 4
=166.51

* 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.


Marico Bangladesh  (DHA:MARICO) 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.

Marico Bangladesh's Inventory Turnover for the three months ended in Sep. 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.

Marico Bangladesh's Inventory to Revenue for the three months ended in Sep. 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.


Marico Bangladesh Days Inventory Related Terms

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


Marico Bangladesh Business Description

Traded in Other Exchanges
N/A
Address
Gulshan Avenue, The Glass House, Level-06, Plot. 02, Block. SE (B), Dhaka, BGD, 1212
Marico Bangladesh Ltd is engaged in the manufacturing and marketing of various fast-moving consumer goods in Bangladesh. The company provides products like Hair dye, Baby care, Male grooming, Skincare, and Hair serum products, among others. Its product portfolio includes well-known brands like Parachute, Parachute Advansed, Just For Baby, Nihar, Parachute SkinPure, Parachute Naturale, Saffola Active, HairCode, and Livon. The company generates its revenue from products like Parachute coconut oil, value-added hair oil, color products, and others, with the majority of revenue coming from Parachute coconut oil.

Marico Bangladesh Headlines

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