Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) Days Inventory : 251.25 (As of Dec. 2024)

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What is Manoj Vaibhav Gems N Jewellers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Manoj Vaibhav Gems N Jewellers's Average Total Inventories for the three months ended in Dec. 2024 was ₹11,648 Mil. Manoj Vaibhav Gems N Jewellers's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹4,230 Mil. Hence, Manoj Vaibhav Gems N Jewellers's Days Inventory for the three months ended in Dec. 2024 was 251.25.

The historical rank and industry rank for Manoj Vaibhav Gems N Jewellers's Days Inventory or its related term are showing as below:

NSE:MVGJL' s Days Inventory Range Over the Past 10 Years
Min: 169.12 Med: 179.06 Max: 207.5
Current: 207.42

During the past 5 years, Manoj Vaibhav Gems N Jewellers's highest Days Inventory was 207.50. The lowest was 169.12. And the median was 179.06.

NSE:MVGJL's Days Inventory is ranked worse than
79.54% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 106.555 vs NSE:MVGJL: 207.42

Manoj Vaibhav Gems N Jewellers's Days Inventory increased from Dec. 2023 (0.00) to Dec. 2024 (251.25). It might indicate that Manoj Vaibhav Gems N Jewellers'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. Manoj Vaibhav Gems N Jewellers's Inventory Turnover for the three months ended in Dec. 2024 was 0.36.

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. Manoj Vaibhav Gems N Jewellers's Inventory-to-Revenue for the three months ended in Dec. 2024 was 2.34.

Manoj Vaibhav Gems N Jewellers Days Inventory Historical Data

The historical data trend for Manoj Vaibhav Gems N Jewellers'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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Manoj Vaibhav Gems N Jewellers Days Inventory Chart

Manoj Vaibhav Gems N Jewellers Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

207.50

179.06

169.12

172.22

192.44

Manoj Vaibhav Gems N Jewellers Quarterly Data
	Mar20	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial							-	190.38	208.59	189.13	251.25

Competitive Comparison of Manoj Vaibhav Gems N Jewellers's Days Inventory

For the Luxury Goods subindustry, Manoj Vaibhav Gems N Jewellers'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.

Manoj Vaibhav Gems N Jewellers's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Vaibhav Gems N Jewellers's Days Inventory distribution charts can be found below:

* The bar in red indicates where Manoj Vaibhav Gems N Jewellers's Days Inventory falls into.

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Manoj Vaibhav Gems N Jewellers Days Inventory Calculation

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

Manoj Vaibhav Gems N Jewellers'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
=	( (9335.83	+	10806.37)	/	2 )	/	19101.85	*	365
=	10071.1					/	19101.85	*	365
=	192.44

Manoj Vaibhav Gems N Jewellers'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
=	( (11648.13	+	0)	/	1 )	/	4230.46	*	365 / 4
=	11648.13					/	4230.46	*	365 / 4
=	251.25

Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) 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.

Manoj Vaibhav Gems N Jewellers's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4230.46	/	11648.13
	=	0.36

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.

Manoj Vaibhav Gems N Jewellers's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11648.13	/	4976.28
	=	2.34

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.

Manoj Vaibhav Gems N Jewellers Days Inventory Related Terms

Thank you for viewing the detailed overview of Manoj Vaibhav Gems N Jewellers's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Manoj Vaibhav Gems N Jewellers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Manoj Vaibhav Gems N Jewellers Ltd (NSE:MVGJL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

543995:India

Address

D. No:- 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam, AP, IND, 530016

Website

https://www.vaibhavjewellers.com

Manoj Vaibhav Gems N Jewellers Ltd is a leading regional jewellery brand in South India led by a first-generation woman entrepreneur. It is a hyperlocal jewellery retail chain with a presence in the micro markets of Andhra Pradesh & Telangana with 13 showrooms (inclusive of two franchisee showrooms) across 8 towns and 2 cities. It caters to all economic segments of the micro markets of Andhra Pradesh and Telangana through its dedicated branded showrooms and has a strong rural market focus and a dedicated urban focus also. The company positioned itself as a retailer focussed on Relationships, by Design where it focuses on offering designs, high quality, transparency and customer service to its customers.

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