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Morganite Crucible (India) (BOM:523160) Days Inventory : 112.84 (As of Dec. 2023)


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What is Morganite Crucible (India) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Morganite Crucible (India)'s Average Total Inventories for the three months ended in Dec. 2023 was ₹204 Mil. Morganite Crucible (India)'s Cost of Goods Sold for the three months ended in Dec. 2023 was ₹165 Mil. Hence, Morganite Crucible (India)'s Days Inventory for the three months ended in Dec. 2023 was 112.84.

The historical rank and industry rank for Morganite Crucible (India)'s Days Inventory or its related term are showing as below:

BOM:523160' s Days Inventory Range Over the Past 10 Years
Min: 102.25   Med: 140   Max: 155.88
Current: 117.3

During the past 13 years, Morganite Crucible (India)'s highest Days Inventory was 155.88. The lowest was 102.25. And the median was 140.00.

BOM:523160's Days Inventory is ranked better than
51.32% of 2911 companies
in the Industrial Products industry
Industry Median: 120.53 vs BOM:523160: 117.30

Morganite Crucible (India)'s Days Inventory declined from Dec. 2022 (130.69) to Dec. 2023 (112.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Morganite Crucible (India)'s Inventory Turnover for the three months ended in Dec. 2023 was 0.81.

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. Morganite Crucible (India)'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.51.


Morganite Crucible (India) Days Inventory Historical Data

The historical data trend for Morganite Crucible (India)'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.

Morganite Crucible (India) Days Inventory Chart

Morganite Crucible (India) 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 124.82 128.84 139.55 102.25 105.78

Morganite Crucible (India) 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 130.69 89.89 137.19 97.54 112.84

Competitive Comparison of Morganite Crucible (India)'s Days Inventory

For the Specialty Industrial Machinery subindustry, Morganite Crucible (India)'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.


Morganite Crucible (India)'s Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Morganite Crucible (India)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Morganite Crucible (India)'s Days Inventory falls into.



Morganite Crucible (India) Days Inventory Calculation

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

Morganite Crucible (India)'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
=( (227.089 + 234.04) / 2 ) / 795.572*365
=230.5645 / 795.572*365
=105.78

Morganite Crucible (India)'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
=( (204.377 + 0) / 1 ) / 165.266*365 / 4
=204.377 / 165.266*365 / 4
=112.84

* 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.


Morganite Crucible (India)  (BOM:523160) 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.

Morganite Crucible (India)'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.

Morganite Crucible (India)'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.


Morganite Crucible (India) Days Inventory Related Terms

Thank you for viewing the detailed overview of Morganite Crucible (India)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Morganite Crucible (India) (BOM:523160) Business Description

Traded in Other Exchanges
N/A
Address
B-11, MIDC Industrial Area, Waluj, Aurangabad, MH, IND, 431136
Morganite Crucible (India) Ltd is engaged in the business of manufacturing and selling high-functioning Crucibles, Foundry consumables, and Allied refractory products. Its product portfolio encompasses a range of crucibles and foundry products which are offered in distinct shapes and sizes. Some of its products are Syncarb Z2e2, Suprex, Nozzle, Blue Lightning Thermocouple Sheaths, Tubes and plunger mix, Salamander and others. The company does its sales via geographical segments that include India, Asia and the Far East, Europe, Africa, the Middle East, North America, and Others. The majority of its revenue is derived from India.

Morganite Crucible (India) (BOM:523160) Headlines

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