Bilcare (BOM:526853) Days Inventory : 69.47 (As of Mar. 2024)

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What is Bilcare Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bilcare's Average Total Inventories for the three months ended in Mar. 2024 was ₹1,063 Mil. Bilcare's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1,396 Mil. Hence, Bilcare's Days Inventory for the three months ended in Mar. 2024 was 69.47.

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

BOM:526853' s Days Inventory Range Over the Past 10 Years
Min: 41.62 Med: 71.64 Max: 105.04
Current: 72.5

During the past 13 years, Bilcare's highest Days Inventory was 105.04. The lowest was 41.62. And the median was 71.64.

BOM:526853's Days Inventory is ranked better than
55.22% of 364 companies
in the Packaging & Containers industry
Industry Median: 77.82 vs BOM:526853: 72.50

Bilcare's Days Inventory increased from Mar. 2023 (41.28) to Mar. 2024 (69.47). It might indicate that Bilcare's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bilcare's Inventory Turnover for the three months ended in Mar. 2024 was 1.31.

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. Bilcare's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.53.

Bilcare Days Inventory Historical Data

The historical data trend for Bilcare'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.

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Bilcare Days Inventory Chart

Bilcare Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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70.83

59.77

67.20

41.62

69.33

Bilcare Quarterly Data
	Jun19	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															41.28	62.74	76.89	89.21	69.47

Competitive Comparison of Bilcare's Days Inventory

For the Packaging & Containers subindustry, Bilcare'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.

Bilcare's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bilcare's Days Inventory distribution charts can be found below:

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

Bilcare Days Inventory Calculation

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

Bilcare'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
=	( (840.9	+	1062.5)	/	2 )	/	5010.6	*	365
=	951.7					/	5010.6	*	365
=	69.33

Bilcare'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	+	1062.5)	/	1 )	/	1395.6	*	365 / 4
=	1062.5					/	1395.6	*	365 / 4
=	69.47

Bilcare (BOM:526853) 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.

Bilcare's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1395.6	/	1062.5
	=	1.31

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.

Bilcare's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1062.5	/	2000.7
	=	0.53

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.

Bilcare Days Inventory Related Terms

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

Bilcare (BOM:526853) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bilcare Ltd (BOM:526853) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senapati Bapat Road, 601, ICC Trade Tower, B wing, 6th Floor, Pune, MH, IND, 411016

Website

https://www.bilcare.com

Bilcare Ltd is an Indian company engaged in pharma packaging research solutions. It offers effective and affordable packaging solutions. It offers pharmaceutical packaging solutions comprising specialty polymer films and Aluminium foils used for packaging of solid dosage pharmaceutical products. It also provides Clinical Trial Materials (CTM) services to the pharmaceutical and biotechnology industries under Bilcare Global Clinical Supplies. Bilcare also offers packaging films solutions to ID Card industry, Specialty Films Applications, and Food packaging industry.

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