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Mohit Paper Mills (BOM:530169) Days Inventory : 121.85 (As of Dec. 2023)


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What is Mohit Paper Mills Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mohit Paper Mills's Average Total Inventories for the three months ended in Dec. 2023 was ₹188 Mil. Mohit Paper Mills's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹141 Mil. Hence, Mohit Paper Mills's Days Inventory for the three months ended in Dec. 2023 was 121.85.

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

BOM:530169' s Days Inventory Range Over the Past 10 Years
Min: 40.14   Med: 79.06   Max: 171.13
Current: 127.18

During the past 13 years, Mohit Paper Mills's highest Days Inventory was 171.13. The lowest was 40.14. And the median was 79.06.

BOM:530169's Days Inventory is ranked worse than
72.92% of 277 companies
in the Forest Products industry
Industry Median: 88.39 vs BOM:530169: 127.18

Mohit Paper Mills's Days Inventory increased from Dec. 2022 (89.02) to Dec. 2023 (121.85). It might indicate that Mohit Paper Mills's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mohit Paper Mills's Inventory Turnover for the three months ended in Dec. 2023 was 0.75.

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. Mohit Paper Mills's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.39.


Mohit Paper Mills Days Inventory Historical Data

The historical data trend for Mohit Paper Mills'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.

Mohit Paper Mills Days Inventory Chart

Mohit Paper Mills 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 40.14 55.80 87.79 171.13 140.10

Mohit Paper Mills 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 89.02 161.47 147.34 142.40 121.85

Competitive Comparison of Mohit Paper Mills's Days Inventory

For the Paper & Paper Products subindustry, Mohit Paper Mills'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.


Mohit Paper Mills's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mohit Paper Mills's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mohit Paper Mills's Days Inventory falls into.



Mohit Paper Mills Days Inventory Calculation

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

Mohit Paper Mills'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
=( (233.622 + 284.47) / 2 ) / 674.89*365
=259.046 / 674.89*365
=140.10

Mohit Paper Mills'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
=( (187.968 + 0) / 1 ) / 140.766*365 / 4
=187.968 / 140.766*365 / 4
=121.85

* 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.


Mohit Paper Mills  (BOM:530169) 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.

Mohit Paper Mills'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.

Mohit Paper Mills'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.


Mohit Paper Mills Days Inventory Related Terms

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


Mohit Paper Mills (BOM:530169) Business Description

Traded in Other Exchanges
N/A
Address
15A/13, Upper Ground Floor, East Patel Nagar, New Delhi, IND, 110008
Mohit Paper Mills Ltd is an India-based company. It manufactures various grades of writing and printing papers based on bagasse/agro waste. It manufactures newsprint paper with waste paper. It also has installed a chemical recovery plant which recovers caustic soda and produces soda ash. The company manufacture Writing, Printing and Poster Paper.

Mohit Paper Mills (BOM:530169) Headlines

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