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Vimta Labs (NSE:VIMTALABS) Days Inventory : 116.48 (As of Dec. 2024)


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What is Vimta Labs Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vimta Labs's Average Total Inventories for the three months ended in Dec. 2024 was ₹263 Mil. Vimta Labs's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹206 Mil. Hence, Vimta Labs's Days Inventory for the three months ended in Dec. 2024 was 116.48.

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

NSE:VIMTALABS' s Days Inventory Range Over the Past 10 Years
Min: 73.77   Med: 114.23   Max: 133.93
Current: 102.44

During the past 13 years, Vimta Labs's highest Days Inventory was 133.93. The lowest was 73.77. And the median was 114.23.

NSE:VIMTALABS's Days Inventory is ranked worse than
66.67% of 186 companies
in the Medical Diagnostics & Research industry
Industry Median: 71.77 vs NSE:VIMTALABS: 102.44

Vimta Labs's Days Inventory declined from Dec. 2023 (147.62) to Dec. 2024 (116.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Vimta Labs's Inventory Turnover for the three months ended in Dec. 2024 was 0.78.

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. Vimta Labs's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.29.


Vimta Labs Days Inventory Historical Data

The historical data trend for Vimta Labs'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.

Vimta Labs Days Inventory Chart

Vimta Labs 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 122.82 94.86 73.77 98.84 113.19

Vimta Labs Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 147.62 70.41 120.38 130.97 116.48

Competitive Comparison of Vimta Labs's Days Inventory

For the Diagnostics & Research subindustry, Vimta Labs'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.


Vimta Labs's Days Inventory Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Vimta Labs's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vimta Labs's Days Inventory falls into.



Vimta Labs Days Inventory Calculation

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

Vimta Labs'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
=( (226.22 + 246.91) / 2 ) / 762.85*365
=236.565 / 762.85*365
=113.19

Vimta Labs'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
=( (263.34 + 0) / 1 ) / 206.3*365 / 4
=263.34 / 206.3*365 / 4
=116.48

* 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.


Vimta Labs  (NSE:VIMTALABS) 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.

Vimta Labs's Inventory Turnover for the three months ended in Dec. 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.

Vimta Labs's Inventory to Revenue for the three months ended in Dec. 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.


Vimta Labs Days Inventory Related Terms

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


Vimta Labs Business Description

Traded in Other Exchanges
Address
Plot No.141/2 & 142, IDA, Phase-II, Cherlapally, R. R. District, Hyderabad, TG, IND, 500051
Vimta Labs Ltd is a comprehensive contract research and testing organization, providing a wide range of services to pharmaceutical, biopharmaceutical, food, consumer goods, electronic, electrical, agrochemical, healthcare, medical device, and many other industries. Its services portfolio includes testing and contract research services in the fields of clinical research, pre-clinical research, clinical diagnostics, biopharma services, analytical testing, research and environmental studies, and Others. It has only one reportable segment namely Contract Research and Testing Services which generates the revenue.

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