Days Inventory is also known as Days Sales of Inventory (DSI). Laurus Labs's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹18,454 Mil. Laurus Labs's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹7,220 Mil.
Hence, Laurus Labs's Days Inventory for the
three
months ended in Mar. 2024 was 233.23.
The historical rank and industry rank for Laurus Labs's Days Inventory or its related term are showing as below:
BOM:540222'
s Days Inventory Range Over the Past 10 Years
Min: 154.11 Med: 192.1 Max: 270.77
Current: 269.89
During the past 11 years, Laurus Labs's highest Days Inventory was 270.77. The lowest was 154.11. And the median was 192.10.
BOM:540222's Days Inventory is ranked worse than 79.79% of 970
companies
in the Drug Manufacturers industry
Industry Median: 160.6
vs BOM:540222: 269.89
Laurus Labs's Days Inventory
increased
from Mar. 2023 (221.34) to Mar. 2024 (233.23).
It might indicate that Laurus Labs's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Laurus Labs's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.39.
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.
Laurus Labs's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 1.28.
Laurus Labs Days Inventory Historical Data
The historical data trend for Laurus Labs'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.
Competitive Comparison of Laurus Labs's Days Inventory
For the Drug Manufacturers - Specialty & Generic subindustry, Laurus Labs'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.
Laurus Labs's Days Inventory Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Laurus Labs's Days Inventory distribution charts can be found below:
* The bar in red indicates where Laurus Labs's Days Inventory falls into.
Laurus Labs Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Laurus Labs's Days Inventory for the fiscal year that 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.
Laurus Labs (BOM:540222) 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.
Laurus Labs'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.
Laurus Labs'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.
Laurus Labs Days Inventory Related Terms
Thank you for viewing the detailed overview of Laurus Labs's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Laurus Labs Ltd is a pharmaceutical company based in India. It provides active pharmaceuticals ingredients (API) including intermediates, Generic Finished dosage forms (FDF) and Contract Research services. The entity develops APIs and intermediates for select, high-growth antiretrovirals, Hepatitis C and Oncology. It also manufactures APIs in other therapeutic areas, such as anti-asthma, ophthalmology, anti-diabetics, cardiovascular, proton pump inhibitors, among others. The company has its business presence in India and Outside India of which it derives a majority of revenue from Outside India. It generates revenue from the sale of API, Intermediates and Formulations, Contract research services and others.
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