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The historical rank and industry rank for Morarjee Textiles's Days Inventory or its related term are showing as below:
NSE:MORARJEE's Days Inventory is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 132.75 * Ranked among companies with meaningful Days Inventory only.
Morarjee Textiles's Days Inventory
increased
from Dec. 2022 (94.11) to Dec. 2023 (227.01).
It might indicate that Morarjee Textiles's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Morarjee Textiles's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.40.
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.
Morarjee Textiles's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 2.47.
Morarjee Textiles (NSE:MORARJEE) 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.
Morarjee Textiles's Inventory Turnover for the
three
months ended in Dec. 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.
Morarjee Textiles's Inventory to Revenue for the
three
months ended in Dec. 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.
Morarjee Textiles Days Inventory Related Terms
Morarjee Textiles Days Inventory Historical Data
* Premium members only.
The historical data trend for Morarjee Textiles'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.
Morarjee Textiles Days Inventory Competitor Comparison
For the Textile Manufacturing subindustry, Morarjee Textiles'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.
Morarjee Textiles Days Inventory vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Morarjee Textiles's Days Inventory distribution charts can be found below:
* The bar in red indicates where Morarjee Textiles's Days Inventory falls into.
* 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.
Morarjee Textiles (NSE:MORARJEE) has a Days Inventory of 227.01 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Morarjee Textiles and its competitors.
Is Morarjee Textiles' Days Inventory too high?
Morarjee Textiles' current Days Inventory is 227.01. The Manufacturing - Apparel & Accessories industry median Days Inventory is 132.75. Morarjee Textiles' value of 227.01 is 71% above this industry median. Overall, Morarjee Textiles has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Morarjee Textiles' Days Inventory compare to competitors?
Morarjee Textiles' Days Inventory of 227.01 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Days Inventory is 132.75. Morarjee Textiles' value of 227.01 is 71% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Manufacturing - Apparel & Accessories company?
The median Days Inventory among Manufacturing - Apparel & Accessories companies is 132.75, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morarjee Textiles's current Days Inventory of 227.01 is 71% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Morarjee Textiles and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Days Inventory is 132.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morarjee Textiles's current Days Inventory is 227.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morarjee Textiles stock overvalued right now?
Morarjee Textiles (NSE:MORARJEE) has a current Days Inventory of 227.01. The current Days Inventory is 227.01 and 71% above the Manufacturing - Apparel & Accessories industry median of 132.75. Morarjee Textiles' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Morarjee Textiles (NSE:MORARJEE), the current Days Inventory is 227.01 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Morarjee Textiles Ltd is involved in the textile manufacturing business sector. The firm deals in the manufacture of yarn and fabrics. Its products include white fabric, voiles, yarn, and fashion prints among others.
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