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Bliss GVS Pharma (NSE:BLISSGVS) Days Inventory : 113.21 (As of Mar. 2024)


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What is Bliss GVS Pharma Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bliss GVS Pharma's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,184 Mil. Bliss GVS Pharma's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹955 Mil. Hence, Bliss GVS Pharma's Days Inventory for the three months ended in Mar. 2024 was 113.21.

The historical rank and industry rank for Bliss GVS Pharma's Days Inventory or its related term are showing as below:

NSE:BLISSGVS' s Days Inventory Range Over the Past 10 Years
Min: 40.66   Med: 89.92   Max: 110.4
Current: 110.4

During the past 13 years, Bliss GVS Pharma's highest Days Inventory was 110.40. The lowest was 40.66. And the median was 89.92.

NSE:BLISSGVS's Days Inventory is ranked better than
72.46% of 966 companies
in the Drug Manufacturers industry
Industry Median: 158.365 vs NSE:BLISSGVS: 110.40

Bliss GVS Pharma's Days Inventory increased from Mar. 2023 (86.29) to Mar. 2024 (113.21). It might indicate that Bliss GVS Pharma's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bliss GVS Pharma's Inventory Turnover for the three months ended in Mar. 2024 was 0.81.

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. Bliss GVS Pharma's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.60.


Bliss GVS Pharma Days Inventory Historical Data

The historical data trend for Bliss GVS Pharma'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.

Bliss GVS Pharma Days Inventory Chart

Bliss GVS Pharma 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 62.84 95.79 104.03 103.23 105.79

Bliss GVS Pharma Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 86.29 111.39 114.56 111.48 113.21

Competitive Comparison of Bliss GVS Pharma's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Bliss GVS Pharma'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.


Bliss GVS Pharma's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bliss GVS Pharma's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bliss GVS Pharma's Days Inventory falls into.



Bliss GVS Pharma Days Inventory Calculation

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

Bliss GVS Pharma'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
=( (1030.635 + 1184.473) / 2 ) / 3821.157*365
=1107.554 / 3821.157*365
=105.79

Bliss GVS Pharma'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 1184.473) / 1 ) / 954.678*365 / 4
=1184.473 / 954.678*365 / 4
=113.21

* 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.


Bliss GVS Pharma  (NSE:BLISSGVS) 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.

Bliss GVS Pharma's Inventory Turnover for the three months ended in Mar. 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.

Bliss GVS Pharma's Inventory to Revenue for the three months ended in Mar. 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.


Bliss GVS Pharma Days Inventory Related Terms

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


Bliss GVS Pharma (NSE:BLISSGVS) Business Description

Traded in Other Exchanges
Address
Saki Vihar Road, 102, Hyde Park, Andheri (East), Mumbai, MH, IND, 400 072
Bliss GVS Pharma Ltd is an India-based company engaged in the manufacturing, marketing, trading, and export of pharmaceutical products. Geographically, it derives a majority of revenue from Outside India. Some of its brands include Lonart, P-Alaxin, Funbact, and Lofnac, and others. It offers pharma products including tablets, suspensions, suppositories, and injections. The majority of its revenue is derived from Exports.

Bliss GVS Pharma (NSE:BLISSGVS) Headlines

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