Days Inventory is also known as Days Sales of Inventory (DSI). Max India's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹61 Mil. Max India's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹134 Mil.
Hence, Max India's Days Inventory for the
three
months ended in Mar. 2024 was 41.74.
The historical rank and industry rank for Max India's Days Inventory or its related term are showing as below:
BOM:543223'
s Days Inventory Range Over the Past 10 Years
Min: 167.18 Med: 730.44 Max: 4967.42
Current: 167.18
During the past 8 years, Max India's highest Days Inventory was 4967.42. The lowest was 167.18. And the median was 730.44.
BOM:543223's Days Inventory is ranked worse than 91.43% of 467
companies
in the Healthcare Providers & Services industry
Industry Median: 33.01
vs BOM:543223: 167.18
Max India's Days Inventory
declined
from Mar. 2023 (205.24) to Mar. 2024 (41.74).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Max India's Inventory Turnover for the
three
months ended in Mar. 2024 was 2.19.
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.
Max India's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.14.
Max India Days Inventory Historical Data
The historical data trend for Max India'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 Max India's Days Inventory
For the Medical Care Facilities subindustry, Max India'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.
Max India's Days Inventory Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Max India's Days Inventory distribution charts can be found below:
* The bar in red indicates where Max India's Days Inventory falls into.
Max India Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Max India'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.
Max India (BOM:543223) 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.
Max India'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.
Max India'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.
Max India Days Inventory Related Terms
Thank you for viewing the detailed overview of Max India's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Max India Ltd is a multi-business corporate that operates in the healthcare sector. The company provides healthcare services. Also, the company provides health insurance policies, senior-living communities, and other health-related training services. The business operates in four segments namely, Business Investments, Senior Living, Skill and Development, and Other.
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