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M V K Agro food product (NSE:MVKAGRO) Days Inventory : 0.00 (As of Sep. 2023)


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What is M V K Agro food product Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). M V K Agro food product's Average Total Inventories for the three months ended in Sep. 2023 was ₹586.4 Mil. M V K Agro food product's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹0.0 Mil.

The historical rank and industry rank for M V K Agro food product's Days Inventory or its related term are showing as below:

During the past 3 years, M V K Agro food product's highest Days Inventory was 1246.16. The lowest was 166.03. And the median was 320.86.

NSE:MVKAGRO's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 83.835
* Ranked among companies with meaningful Days Inventory only.

M V K Agro food product's Days Inventory stayed the same from . 20 (0.00) to Sep. 2023 (0.00).

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. M V K Agro food product's Inventory Turnover for the three months ended in Sep. 2023 was 0.00.

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.


M V K Agro food product Days Inventory Historical Data

The historical data trend for M V K Agro food product'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.

M V K Agro food product Days Inventory Chart

M V K Agro food product Annual Data
Trend Mar21 Mar22 Mar23
Days Inventory
1,246.16 166.03 320.86

M V K Agro food product Quarterly Data
Mar21 Mar22 Mar23 Sep23
Days Inventory - - - -

Competitive Comparison of M V K Agro food product's Days Inventory

For the Confectioners subindustry, M V K Agro food product'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.


M V K Agro food product's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M V K Agro food product's Days Inventory distribution charts can be found below:

* The bar in red indicates where M V K Agro food product's Days Inventory falls into.



M V K Agro food product Days Inventory Calculation

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

M V K Agro food product'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
=( (461.924 + 725.812) / 2 ) / 675.573*365
=593.868 / 675.573*365
=320.86

M V K Agro food product'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
=( (725.812 + 446.99) / 2 ) / 0*365 / 4
=586.401 / 0*365 / 4
=N/A

* 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.


M V K Agro food product  (NSE:MVKAGRO) 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.

M V K Agro food product's Inventory Turnover for the three months ended in Sep. 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.

M V K Agro food product's Inventory to Revenue for the three months ended in Sep. 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.


M V K Agro food product Days Inventory Related Terms

Thank you for viewing the detailed overview of M V K Agro food product's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


M V K Agro food product (NSE:MVKAGRO) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
GUT No. 44 and 46, Kusumnagar, At Post Waghalwada, Umari, Nanded, MH, IND, 431807
M V K Agro food product Ltd is a sugar and other allied products manufacturing company. It manufactures sugar and also sells by-products and waste products, namely, Molasses, Bagasse, and Pressmud, and is also engaged in the generation of Power for captive consumption. The company has two segments, namely Sugar and its by-products/waste products from which the sugar segment generates maximum revenue.

M V K Agro food product (NSE:MVKAGRO) Headlines

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