Mahalaxmi Fabric Mills (NSE:MFML) Days Inventory : 104.92 (As of Dec. 2024)

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What is Mahalaxmi Fabric Mills Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mahalaxmi Fabric Mills's Average Total Inventories for the three months ended in Dec. 2024 was ₹237 Mil. Mahalaxmi Fabric Mills's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹206 Mil. Hence, Mahalaxmi Fabric Mills's Days Inventory for the three months ended in Dec. 2024 was 104.92.

The historical rank and industry rank for Mahalaxmi Fabric Mills's Days Inventory or its related term are showing as below:

NSE:MFML' s Days Inventory Range Over the Past 10 Years
Min: 39.89 Med: 40.2 Max: 60.41
Current: 60.41

During the past 3 years, Mahalaxmi Fabric Mills's highest Days Inventory was 60.41. The lowest was 39.89. And the median was 40.20.

NSE:MFML's Days Inventory is ranked better than
81.89% of 994 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 126.49 vs NSE:MFML: 60.41

Mahalaxmi Fabric Mills's Days Inventory increased from Sep. 2023 (77.50) to Dec. 2024 (104.92). It might indicate that Mahalaxmi Fabric Mills'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. Mahalaxmi Fabric Mills's Inventory Turnover for the three months ended in Dec. 2024 was 0.87.

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. Mahalaxmi Fabric Mills's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.61.

Mahalaxmi Fabric Mills Days Inventory Historical Data

The historical data trend for Mahalaxmi Fabric Mills'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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Mahalaxmi Fabric Mills Days Inventory Chart

Mahalaxmi Fabric Mills Annual Data

Trend

Mar22

Mar23

Mar24

Days Inventory

40.50

39.89

Mahalaxmi Fabric Mills Quarterly Data
	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial			77.50	-	17.68	101.12	104.92

Competitive Comparison of Mahalaxmi Fabric Mills's Days Inventory

For the Textile Manufacturing subindustry, Mahalaxmi Fabric Mills'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.

Mahalaxmi Fabric Mills's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mahalaxmi Fabric Mills's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mahalaxmi Fabric Mills's Days Inventory falls into.

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Mahalaxmi Fabric Mills Days Inventory Calculation

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

Mahalaxmi Fabric Mills'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
=	( (135.062	+	155.697)	/	2 )	/	1330.117	*	365
=	145.3795					/	1330.117	*	365
=	39.89

Mahalaxmi Fabric Mills's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (237.25	+	0)	/	1 )	/	206.331	*	365 / 4
=	237.25					/	206.331	*	365 / 4
=	104.92

Mahalaxmi Fabric Mills (NSE:MFML) 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.

Mahalaxmi Fabric Mills's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	206.331	/	237.25
	=	0.87

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.

Mahalaxmi Fabric Mills's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	237.25	/	391.586
	=	0.61

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.

Mahalaxmi Fabric Mills Days Inventory Related Terms

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

Mahalaxmi Fabric Mills Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mahalaxmi Fabric Mills Ltd (NSE:MFML) » Definitions » Days Inventory

Traded in Other Exchanges

544233:India

Address

Polytechnic Road, YSL Avenue, Opposite Ketav Petrol Pump, Mahalaxmi House, Ambawadi, Ahmedabad, GJ, IND, 380 015

Website

https://www.mahalaxmigroup.net/MFML

Mahalaxmi Fabric Mills Ltd is engaged in the textile market. The company operated in only one segment i.e manufacturing and trading of traditional textile. Company's revenue is derived primarily from sale of goods.

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