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Medico Intercontinental (BOM:539938) Days Inventory : 86.87 (As of Mar. 2024)


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What is Medico Intercontinental Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Medico Intercontinental's Average Total Inventories for the three months ended in Mar. 2024 was ₹104.4 Mil. Medico Intercontinental's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹109.7 Mil. Hence, Medico Intercontinental's Days Inventory for the three months ended in Mar. 2024 was 86.87.

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

BOM:539938' s Days Inventory Range Over the Past 10 Years
Min: 24.5   Med: 50.03   Max: 64.26
Current: 58.55

During the past 13 years, Medico Intercontinental's highest Days Inventory was 64.26. The lowest was 24.50. And the median was 50.03.

BOM:539938's Days Inventory is ranked better than
90.7% of 968 companies
in the Drug Manufacturers industry
Industry Median: 158.365 vs BOM:539938: 58.55

Medico Intercontinental's Days Inventory increased from Mar. 2023 (33.91) to Mar. 2024 (86.87). It might indicate that Medico Intercontinental's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Medico Intercontinental's Inventory Turnover for the three months ended in Mar. 2024 was 1.05.

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. Medico Intercontinental's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.66.


Medico Intercontinental Days Inventory Historical Data

The historical data trend for Medico Intercontinental'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.

Medico Intercontinental Days Inventory Chart

Medico Intercontinental 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 24.50 56.34 50.97 49.09 64.26

Medico Intercontinental 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 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 33.91 40.65 48.77 60.35 86.87

Competitive Comparison of Medico Intercontinental's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Medico Intercontinental'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.


Medico Intercontinental's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Medico Intercontinental's Days Inventory distribution charts can be found below:

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



Medico Intercontinental Days Inventory Calculation

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

Medico Intercontinental'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
=( (88.773 + 104.397) / 2 ) / 548.649*365
=96.585 / 548.649*365
=64.26

Medico Intercontinental'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 + 104.397) / 1 ) / 109.657*365 / 4
=104.397 / 109.657*365 / 4
=86.87

* 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.


Medico Intercontinental  (BOM:539938) 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.

Medico Intercontinental's Inventory Turnover for the three months ended in Mar. 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.

Medico Intercontinental's Inventory to Revenue for the three months ended in Mar. 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.


Medico Intercontinental Days Inventory Related Terms

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


Medico Intercontinental (BOM:539938) Business Description

Traded in Other Exchanges
N/A
Address
100 Ft. Road, Satellite, Adit Raj Arcade, 1-5th Floor, Near Karma Shreshtha Tower, Ahmedabad, GJ, IND, 380015
Medico Intercontinental Ltd provides services to biopharmaceuticals companies. The company's operating segment includes Trading of pharmaceuticals products. The company product includes General Range, Derma Range, Psychiatric range, Eye drops among others.

Medico Intercontinental (BOM:539938) Headlines

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