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Vaishali Pharma (NSE:VAISHALI) Days Inventory : 1.07 (As of Mar. 2024)


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What is Vaishali Pharma Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vaishali Pharma's Average Total Inventories for the three months ended in Mar. 2024 was ₹3.8 Mil. Vaishali Pharma's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹323.1 Mil. Hence, Vaishali Pharma's Days Inventory for the three months ended in Mar. 2024 was 1.07.

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

NSE:VAISHALI' s Days Inventory Range Over the Past 10 Years
Min: 3.5   Med: 8.81   Max: 22.93
Current: 7.21

During the past 12 years, Vaishali Pharma's highest Days Inventory was 22.93. The lowest was 3.50. And the median was 8.81.

NSE:VAISHALI's Days Inventory is ranked better than
99.27% of 965 companies
in the Drug Manufacturers industry
Industry Median: 158.38 vs NSE:VAISHALI: 7.21

Vaishali Pharma's Days Inventory declined from Mar. 2023 (11.68) to Mar. 2024 (1.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Vaishali Pharma's Inventory Turnover for the three months ended in Mar. 2024 was 85.10.

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. Vaishali Pharma's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.


Vaishali Pharma Days Inventory Historical Data

The historical data trend for Vaishali Pharma'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.

Vaishali Pharma Days Inventory Chart

Vaishali Pharma Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.65 5.81 3.50 12.28 8.41

Vaishali Pharma Quarterly Data
Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.68 28.05 10.81 3.73 1.07

Competitive Comparison of Vaishali Pharma's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Vaishali Pharma'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.


Vaishali Pharma's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Vaishali Pharma's Days Inventory falls into.



Vaishali Pharma Days Inventory Calculation

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

Vaishali Pharma'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
=( (30.501 + 3.797) / 2 ) / 744.155*365
=17.149 / 744.155*365
=8.41

Vaishali Pharma'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 3.797) / 1 ) / 323.143*365 / 4
=3.797 / 323.143*365 / 4
=1.07

* 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.


Vaishali Pharma  (NSE:VAISHALI) 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.

Vaishali Pharma's Inventory Turnover for the three 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.

Vaishali Pharma's Inventory to Revenue for the three 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.


Vaishali Pharma Days Inventory Related Terms

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


Vaishali Pharma (NSE:VAISHALI) Business Description

Traded in Other Exchanges
N/A
Address
R.C. Patel Road, Off Sodawala Lane, 706-709, 7th Floor, Aravalli Business Center, Borivili (West), Mumbai, MH, IND, 400092
Vaishali Pharma Ltd is a pharmaceutical company. The company is engaged in the business of trading (including exports) pharmaceuticals products. It mainly deals in Active Pharmaceutical Ingredient, pharmaceutical formulations, surgical products, Herbal and Nutraceutical Products, and veterinary supplements operating in the domestic and export market.

Vaishali Pharma (NSE:VAISHALI) Headlines

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