Marshall Machines (NSE:MARSHALL) Days Inventory : 1,758.41 (As of Sep. 2023)

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What is Marshall Machines Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Marshall Machines's Average Total Inventories for the three months ended in Sep. 2023 was ₹236.16 Mil. Marshall Machines's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹12.26 Mil. Hence, Marshall Machines's Days Inventory for the three months ended in Sep. 2023 was 1,758.41.

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

NSE:MARSHALL' s Days Inventory Range Over the Past 10 Years
Min: 6.56 Med: 387.17 Max: 9502.31
Current: 9502.31

During the past 10 years, Marshall Machines's highest Days Inventory was 9502.31. The lowest was 6.56. And the median was 387.17.

NSE:MARSHALL's Days Inventory is ranked worse than
99.93% of 2904 companies
in the Industrial Products industry
Industry Median: 121.615 vs NSE:MARSHALL: 9502.31

Marshall Machines's Days Inventory increased from Dec. 2021 (746.01) to Sep. 2023 (1,758.41). It might indicate that Marshall Machines'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. Marshall Machines's Inventory Turnover for the three months ended in Sep. 2023 was 0.05.

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. Marshall Machines's Inventory-to-Revenue for the three months ended in Sep. 2023 was 13.17.

Marshall Machines Days Inventory Historical Data

The historical data trend for Marshall Machines'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.

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Marshall Machines Days Inventory Chart

Marshall Machines Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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357.79

507.18

367.01

229.78

6.56

Marshall Machines Quarterly Data
	Mar14	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial														746.01	2.99	385.71	-	1,758.41

Competitive Comparison of Marshall Machines's Days Inventory

For the Specialty Industrial Machinery subindustry, Marshall Machines'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.

Marshall Machines's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Marshall Machines's Days Inventory distribution charts can be found below:

* The bar in red indicates where Marshall Machines's Days Inventory falls into.

Marshall Machines Days Inventory Calculation

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

Marshall Machines'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
=	( (5.041	+	5.037)	/	2 )	/	280.425	*	365
=	5.039					/	280.425	*	365
=	6.56

Marshall Machines'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
=	( (5.037	+	467.276)	/	2 )	/	12.255	*	365 / 4
=	236.1565					/	12.255	*	365 / 4
=	1,758.41

Marshall Machines (NSE:MARSHALL) 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.

Marshall Machines's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.255	/	236.1565
	=	0.05

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.

Marshall Machines's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	236.1565	/	17.934
	=	13.17

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.

Marshall Machines Days Inventory Related Terms

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

Marshall Machines (NSE:MARSHALL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Marshall Machines Ltd (NSE:MARSHALL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

C 86, Phase-V, Focal Point, Ludhiana, PB, IND, 141010

Website

https://www.marshallcnc.com

Marshall Machines Ltd is an India based company engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment including a wide range of Single spindle, Patented double and four spindle CNC machines, Automated robotic solutions and patent pending IoTQ suite of intelligent equipment. The company also sells machine parts of the manufactured machines as well to existing machinery buyers. Its products and services are offered to a wide range of industries including manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, and Bushes among others. The company sells its products in India and also exports it to other countries, of which key revenue is generated from sales made within the country.

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