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Vasa Denticity (NSE:DENTALKART) Days Inventory : 58.07 (As of Sep. 2023)


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What is Vasa Denticity Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vasa Denticity's Average Total Inventories for the six months ended in Sep. 2023 was ₹184.3 Mil. Vasa Denticity's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹579.2 Mil. Hence, Vasa Denticity's Days Inventory for the six months ended in Sep. 2023 was 58.07.

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

NSE:DENTALKART' s Days Inventory Range Over the Past 10 Years
Min: 27.38   Med: 34.39   Max: 169.7
Current: 169.7

During the past 3 years, Vasa Denticity's highest Days Inventory was 169.70. The lowest was 27.38. And the median was 34.39.

NSE:DENTALKART's Days Inventory is ranked worse than
90.32% of 93 companies
in the Medical Distribution industry
Industry Median: 60.88 vs NSE:DENTALKART: 169.70

Vasa Denticity's Days Inventory increased from Mar. 2021 (0.00) to Sep. 2023 (58.07). It might indicate that Vasa Denticity'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. Vasa Denticity's Inventory Turnover for the six months ended in Sep. 2023 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. Vasa Denticity's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.24.


Vasa Denticity Days Inventory Historical Data

The historical data trend for Vasa Denticity'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.

Vasa Denticity Days Inventory Chart

Vasa Denticity Annual Data
Trend Mar20 Mar21 Mar22
Days Inventory
34.39 27.38 40.19

Vasa Denticity Semi-Annual Data
Mar20 Mar21 Mar22 Sep23
Days Inventory - - - 58.07

Competitive Comparison of Vasa Denticity's Days Inventory

For the Medical Distribution subindustry, Vasa Denticity'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.


Vasa Denticity's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Vasa Denticity's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vasa Denticity's Days Inventory falls into.



Vasa Denticity Days Inventory Calculation

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

Vasa Denticity's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

Days Inventory (A: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (27.761 + 99.308) / 2 ) / 577.007*365
=63.5345 / 577.007*365
=40.19

Vasa Denticity's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (99.308 + 269.316) / 2 ) / 579.249*365 / 2
=184.312 / 579.249*365 / 2
=58.07

* 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.


Vasa Denticity  (NSE:DENTALKART) 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.

Vasa Denticity's Inventory Turnover for the six months ended in Sep. 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.

Vasa Denticity's Inventory to Revenue for the six months ended in Sep. 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.


Vasa Denticity Days Inventory Related Terms

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


Vasa Denticity (NSE:DENTALKART) Business Description

Traded in Other Exchanges
N/A
Address
Village, P.O. Chattarpur, Khasra No. 714, South Delhi, Delhi, IND, 110074
Vasa Denticity Ltd is engaged in the business of marketing and distributing a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating, and preventing dental conditions as well as improving the aesthetics of the human smile through our online portal Dentalkart.com. It operates an online channel housing approximately 300 domestic and international brands with a comprehensive product range of more than 10,000 dental products. sell a broad range of dental products including dental consumables such as adhesives, filling materials, and impression materials; dental equipment such as chairs, x-ray machines, and autoclaves; and dental instruments such as forceps, probes, and mirrors.

Vasa Denticity (NSE:DENTALKART) Headlines

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