M K Proteins (BOM:543919) Days Inventory : 18.73 (As of Mar. 2023)

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What is M K Proteins Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). M K Proteins's Average Total Inventories for the three months ended in Mar. 2023 was ₹605 Mil. M K Proteins's Cost of Goods Sold for the three months ended in Mar. 2023 was ₹2,946 Mil. Hence, M K Proteins's Days Inventory for the three months ended in Mar. 2023 was 18.73.

The historical rank and industry rank for M K Proteins's Days Inventory or its related term are showing as below:

BOM:543919' s Days Inventory Range Over the Past 10 Years
Min: 38.54 Med: 62.85 Max: 76.7
Current: 74.94

During the past 10 years, M K Proteins's highest Days Inventory was 76.70. The lowest was 38.54. And the median was 62.85.

BOM:543919's Days Inventory is ranked better than
55.07% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs BOM:543919: 74.94

M K Proteins's Days Inventory declined from Mar. 2019 (19.18) to Mar. 2023 (18.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. M K Proteins's Inventory Turnover for the three months ended in Mar. 2023 was 4.87.

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. M K Proteins's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.19.

M K Proteins Days Inventory Historical Data

The historical data trend for M K Proteins'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.

M K Proteins Days Inventory Chart

M K Proteins Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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76.70

66.73

47.85

67.29

74.94

M K Proteins Quarterly Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar19	Mar20	Mar21	Mar22	Mar23
Days Inventory	Get a 7-Day Free Trial					19.18	16.68	11.96	16.82	18.73

Competitive Comparison of M K Proteins's Days Inventory

For the Packaged Foods subindustry, M K Proteins'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.

M K Proteins's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, M K Proteins's Days Inventory distribution charts can be found below:

* The bar in red indicates where M K Proteins's Days Inventory falls into.

M K Proteins Days Inventory Calculation

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

M K Proteins'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
=	( (497.681	+	712.049)	/	2 )	/	2946.038	*	365
=	604.865					/	2946.038	*	365
=	74.94

M K Proteins's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (497.681	+	712.049)	/	2 )	/	2946.038	*	365 / 4
=	604.865					/	2946.038	*	365 / 4
=	18.73

M K Proteins (BOM:543919) 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.

M K Proteins's Inventory Turnover for the three months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2946.038	/	604.865
	=	4.87

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.

M K Proteins's Inventory to Revenue for the three months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	604.865	/	3148.6
	=	0.19

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.

M K Proteins Days Inventory Related Terms

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

M K Proteins (BOM:543919) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » M K Proteins Ltd (BOM:543919) » Definitions » Days Inventory

Traded in Other Exchanges

MKPL:India

Address

Naraingarh Road, Village Garnala, Ambala, HR, IND, 134003

Website

https://www.mkproteins.in

M K Proteins Ltd is engaged in the manufacturing and trading of vegetable refined oil and by-products like Rice Bran Fatty, Wax, Gums, and Spent among others. The company is also engaged in trading of various products including Rice Bran Oil and other items.

M K Proteins (BOM:543919) Headlines

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