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Maitreya Medicare (NSE:MAITREYA) Days Inventory : 21.90 (As of Sep. 2023)


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What is Maitreya Medicare Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maitreya Medicare's Average Total Inventories for the six months ended in Sep. 2023 was ₹6.5 Mil. Maitreya Medicare's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹54.5 Mil. Hence, Maitreya Medicare's Days Inventory for the six months ended in Sep. 2023 was 21.90.

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

NSE:MAITREYA's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 30.56
* Ranked among companies with meaningful Days Inventory only.

Maitreya Medicare's Days Inventory increased from Mar. 2022 (0.00) to Sep. 2023 (21.90). It might indicate that Maitreya Medicare's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maitreya Medicare's Inventory Turnover for the six months ended in Sep. 2023 was 8.34.

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. Maitreya Medicare's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.03.


Maitreya Medicare Days Inventory Historical Data

The historical data trend for Maitreya Medicare'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.

Maitreya Medicare Days Inventory Chart

Maitreya Medicare Annual Data
Trend Mar21 Mar22 Mar23
Days Inventory
46.45 30.75 29.16

Maitreya Medicare Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Days Inventory - - - 21.90

Competitive Comparison of Maitreya Medicare's Days Inventory

For the Medical Care Facilities subindustry, Maitreya Medicare'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.


Maitreya Medicare's Days Inventory Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Maitreya Medicare's Days Inventory falls into.


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Maitreya Medicare Days Inventory Calculation

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

Maitreya Medicare's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (6.869 + 7.985) / 2 ) / 92.964*365
=7.427 / 92.964*365
=29.16

Maitreya Medicare'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. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (7.985 + 5.091) / 2 ) / 54.495*365 / 2
=6.538 / 54.495*365 / 2
=21.90

* 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.


Maitreya Medicare  (NSE:MAITREYA) 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.

Maitreya Medicare'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.

Maitreya Medicare'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.


Maitreya Medicare Days Inventory Related Terms

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


Maitreya Medicare Business Description

Traded in Other Exchanges
N/A
Address
Nr. Someshwara Char Rasta, Udhana - Magdalla Road, Surat, GJ, IND, 395007
Maitreya Medicare Ltd is Multi Superspeciality hospital. It is a 125 bedded hospital that provides multi-disciplinary integrated healthcare services, with a focus on primary secondary & tertiary care, and also offers a comprehensive range of healthcare services across over 18 specialties and super specialties, including Cardiology, Urology, Oncology, Laparoscopic Surgery, Neurology, Neurosurgery, Spine Surgery, Nephrology including Dialysis, Gastroenterology, Gastrointestinal surgery, Cardiothoracic Surgery, Oncosurgery, Orthopedic Surgery including joint replacements and Arthroscopic surgeries, Gynecology & High-Risk Obstetrics, Hepatocellular Billary Surgery, Critical Care Medicine etc.

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