Vilin Bio Med (NSE:VILINBIO) Days Inventory : 92.09 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Vilin Bio Med Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vilin Bio Med's Average Total Inventories for the six months ended in Sep. 2023 was ₹24.38 Mil. Vilin Bio Med's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹48.30 Mil. Hence, Vilin Bio Med's Days Inventory for the six months ended in Sep. 2023 was 92.09.

The historical rank and industry rank for Vilin Bio Med's Days Inventory or its related term are showing as below:

NSE:VILINBIO' s Days Inventory Range Over the Past 10 Years
Min: 54.98 Med: 81.84 Max: 184.19
Current: 184.19

During the past 3 years, Vilin Bio Med's highest Days Inventory was 184.19. The lowest was 54.98. And the median was 81.84.

NSE:VILINBIO's Days Inventory is ranked worse than
60.72% of 970 companies
in the Drug Manufacturers industry
Industry Median: 158.365 vs NSE:VILINBIO: 184.19

Vilin Bio Med's Days Inventory increased from Mar. 2022 (0.00) to Sep. 2023 (92.09). It might indicate that Vilin Bio Med'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. Vilin Bio Med's Inventory Turnover for the six months ended in Sep. 2023 was 1.98.

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. Vilin Bio Med's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.32.

Vilin Bio Med Days Inventory Historical Data

The historical data trend for Vilin Bio Med'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.

Vilin Bio Med Days Inventory Chart

Vilin Bio Med Annual Data

Trend

Mar20

Mar21

Mar22

Days Inventory

54.98

81.84

87.33

Vilin Bio Med Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Sep23
Days Inventory	-	-	-	172.74	92.09

Competitive Comparison of Vilin Bio Med's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Vilin Bio Med'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.

Vilin Bio Med's Days Inventory Distribution in the Drug Manufacturers Industry

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

* The bar in red indicates where Vilin Bio Med's Days Inventory falls into.

Vilin Bio Med Days Inventory Calculation

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

Vilin Bio Med's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

	Days Inventory (A: Mar. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (20.642	+	22.838)	/	2 )	/	90.868	*	365
=	21.74					/	90.868	*	365
=	87.33

Vilin Bio Med'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: Sep. 2022 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	24.375)	/	1 )	/	48.304	*	365 / 2
=	24.375					/	48.304	*	365 / 2
=	92.09

Vilin Bio Med (NSE:VILINBIO) 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.

Vilin Bio Med's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	48.304	/	24.375
	=	1.98

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.

Vilin Bio Med's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	24.375	/	76.457
	=	0.32

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.

Vilin Bio Med Days Inventory Related Terms

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

Vilin Bio Med (NSE:VILINBIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Vilin Bio Med Ltd (NSE:VILINBIO) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Opposite Sub Registrar’s Office, Survey No.115/GF/J, Hanumanji Colony, Bowempally, Secunderabad, TG, IND, 500009

Website

http://www.vilinbiomed.co.in

Vilin Bio Med Ltd is engaged in the domestic business of manufacturing Pharmaceuticals products. It is manufacturing pharmaceutical formulations such as Oral Liquids, Dry syrups, Sachets, External Preparations, Beta and Non-Beta Lactam tablets, and Capsules & Nutritional Food supplements.

Vilin Bio Med (NSE:VILINBIO) Headlines

No Headlines