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M Lakhamsi Industries (BOM:512153) Days Inventory : 56.79 (As of Dec. 2023)


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What is M Lakhamsi Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). M Lakhamsi Industries's Average Total Inventories for the three months ended in Dec. 2023 was ₹105 Mil. M Lakhamsi Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹169 Mil. Hence, M Lakhamsi Industries's Days Inventory for the three months ended in Dec. 2023 was 56.79.

The historical rank and industry rank for M Lakhamsi Industries's Days Inventory or its related term are showing as below:

BOM:512153' s Days Inventory Range Over the Past 10 Years
Min: 31.92   Med: 80.6   Max: 128
Current: 31.92

During the past 13 years, M Lakhamsi Industries's highest Days Inventory was 128.00. The lowest was 31.92. And the median was 80.60.

BOM:512153's Days Inventory is not ranked
in the Asset Management industry.
Industry Median: 76.77 vs BOM:512153: 31.92

M Lakhamsi Industries's Days Inventory increased from Dec. 2022 (31.93) to Dec. 2023 (56.79). It might indicate that M Lakhamsi Industries'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. M Lakhamsi Industries's Inventory Turnover for the three months ended in Dec. 2023 was 1.61.

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 Lakhamsi Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.67.


M Lakhamsi Industries Days Inventory Historical Data

The historical data trend for M Lakhamsi Industries'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 Lakhamsi Industries Days Inventory Chart

M Lakhamsi Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 128.00 33.20

M Lakhamsi Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 31.93 16.29 25.81 59.91 56.79

Competitive Comparison of M Lakhamsi Industries's Days Inventory

For the Asset Management subindustry, M Lakhamsi Industries'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 Lakhamsi Industries's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, M Lakhamsi Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where M Lakhamsi Industries's Days Inventory falls into.



M Lakhamsi Industries Days Inventory Calculation

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

M Lakhamsi Industries'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
=( (135.68 + 75.209) / 2 ) / 1159.362*365
=105.4445 / 1159.362*365
=33.20

M Lakhamsi Industries's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (105.087 + 0) / 1 ) / 168.851*365 / 4
=105.087 / 168.851*365 / 4
=56.79

* 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 Lakhamsi Industries  (BOM:512153) 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 Lakhamsi Industries's Inventory Turnover for the three months ended in Dec. 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 Lakhamsi Industries's Inventory to Revenue for the three months ended in Dec. 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 Lakhamsi Industries Days Inventory Related Terms

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


M Lakhamsi Industries (BOM:512153) Business Description

Traded in Other Exchanges
N/A
Address
505 Churchgate Chambers, 5 New Marine Lines, Mumbai, MH, IND, 400020
M Lakhamsi Industries Ltd is a financial company. Its core business activities include marketing, investment, and finance activities. It generates revenue in the form of dividends and income from investment.

M Lakhamsi Industries (BOM:512153) Headlines

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