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Medicamen Organics (NSE:MEDIORG) Days Inventory : 120.84 (As of Mar. 2024)


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What is Medicamen Organics Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Medicamen Organics's Average Total Inventories for the six months ended in Mar. 2024 was ₹61.1 Mil. Medicamen Organics's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹92.3 Mil. Hence, Medicamen Organics's Days Inventory for the six months ended in Mar. 2024 was 120.84.

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

NSE:MEDIORG' s Days Inventory Range Over the Past 10 Years
Min: 51.77   Med: 105.76   Max: 141.87
Current: 141.38

During the past 4 years, Medicamen Organics's highest Days Inventory was 141.87. The lowest was 51.77. And the median was 105.76.

NSE:MEDIORG's Days Inventory is ranked better than
55.93% of 944 companies
in the Drug Manufacturers industry
Industry Median: 156.935 vs NSE:MEDIORG: 141.38

Medicamen Organics's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (120.84). It might indicate that Medicamen Organics's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Medicamen Organics's Inventory Turnover for the six months ended in Mar. 2024 was 1.51.

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. Medicamen Organics's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.44.


Medicamen Organics Days Inventory Historical Data

The historical data trend for Medicamen Organics'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.

Medicamen Organics Days Inventory Chart

Medicamen Organics Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
51.77 86.04 125.47 141.87

Medicamen Organics Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
Days Inventory - - - 169.60 120.84

Competitive Comparison of Medicamen Organics's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Medicamen Organics'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.


Medicamen Organics's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Medicamen Organics's Days Inventory falls into.



Medicamen Organics Days Inventory Calculation

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

Medicamen Organics'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
=( (61.39 + 61.426) / 2 ) / 157.986*365
=61.408 / 157.986*365
=141.87

Medicamen Organics'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (60.762 + 61.426) / 2 ) / 92.266*365 / 2
=61.094 / 92.266*365 / 2
=120.84

* 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.


Medicamen Organics  (NSE:MEDIORG) 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.

Medicamen Organics's Inventory Turnover for the six 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.

Medicamen Organics's Inventory to Revenue for the six 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.


Medicamen Organics Days Inventory Related Terms

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


Medicamen Organics Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Ashok Vihar Phase II, 10, Community Center No. 2, New Delhi, IND, 110052
Medicamen Organics Ltd is engaged in developing, manufacturing, and distribution of broad range of pharmaceutical dosages including generic dosages in the form of Tablets, Capsules, Oral Liquids, Ointments, Gel, Syrups, Suspension and Dry powders for government and private institutions as contract manufacturer/third party manufacturer. The company markets its product to private pharma companies in domestic as well as international markets through third-party distributors or on a loan license basis.

Medicamen Organics Headlines

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