GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Maximus International Ltd (BOM:540401) » Definitions » Days Inventory

Maximus International (BOM:540401) Days Inventory : 32.19 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Maximus International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maximus International's Average Total Inventories for the three months ended in Dec. 2023 was ₹68.7 Mil. Maximus International's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹194.9 Mil. Hence, Maximus International's Days Inventory for the three months ended in Dec. 2023 was 32.19.

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

BOM:540401' s Days Inventory Range Over the Past 10 Years
Min: 4.93   Med: 34.43   Max: 55.08
Current: 35.02

During the past 8 years, Maximus International's highest Days Inventory was 55.08. The lowest was 4.93. And the median was 34.43.

BOM:540401's Days Inventory is ranked better than
88.08% of 1493 companies
in the Chemicals industry
Industry Median: 82.5 vs BOM:540401: 35.02

Maximus International's Days Inventory declined from Dec. 2022 (35.88) to Dec. 2023 (32.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. Maximus International's Inventory Turnover for the three months ended in Dec. 2023 was 2.83.

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. Maximus International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.27.


Maximus International Days Inventory Historical Data

The historical data trend for Maximus International'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.

Maximus International Days Inventory Chart

Maximus International Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial - 44.43 55.08 34.43 25.53

Maximus International 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 35.88 33.27 36.66 31.66 32.19

Competitive Comparison of Maximus International's Days Inventory

For the Specialty Chemicals subindustry, Maximus International'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.


Maximus International's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Maximus International's Days Inventory distribution charts can be found below:

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



Maximus International Days Inventory Calculation

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

Maximus International'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
=( (45.59 + 67.702) / 2 ) / 809.868*365
=56.646 / 809.868*365
=25.53

Maximus International'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
=( (68.74 + 0) / 1 ) / 194.859*365 / 4
=68.74 / 194.859*365 / 4
=32.19

* 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.


Maximus International  (BOM:540401) 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.

Maximus International'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.

Maximus International'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.


Maximus International Days Inventory Related Terms

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


Maximus International (BOM:540401) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Vikram Sarabhai Marg, 504 A, Ozone, 5th Floor, Vadi Wadi, Vadodara, GJ, IND, 390003
Maximus International Ltd is engaged in the import and export of oils and chemicals. The company trades lubricant oil for the automotive industry such as Diesel and petrol engine oil, Brake oil; Circulating and Hydraulic oil, Open and enclosed gearbox oil, Sewing machine oil, and coning oil, among others for industrial oil. It also offers specialty oils such as printing ink, aluminum rolling lubricants, insulating oil, and calibration oil, among others. The company also provides agriculture products and additives such as herbal pesticides, integrated pest management and lures, tractor spares and attachments, lubricating, and plastic additives. The group sells its products in India and Outside India of which prime revenue is made from the sales made Outside India.

Maximus International (BOM:540401) Headlines

No Headlines