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Manoj Ceramic (BOM:544073) Days Inventory : 106.84 (As of Mar. 2024)


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What is Manoj Ceramic Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Manoj Ceramic's Average Total Inventories for the six months ended in Mar. 2024 was ₹244.2 Mil. Manoj Ceramic's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹417.1 Mil. Hence, Manoj Ceramic's Days Inventory for the six months ended in Mar. 2024 was 106.84.

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

BOM:544073' s Days Inventory Range Over the Past 10 Years
Min: 117.04   Med: 243.76   Max: 413.53
Current: 117.04

During the past 4 years, Manoj Ceramic's highest Days Inventory was 413.53. The lowest was 117.04. And the median was 243.76.

BOM:544073's Days Inventory is ranked worse than
65.77% of 371 companies
in the Building Materials industry
Industry Median: 84.13 vs BOM:544073: 117.04

Manoj Ceramic's Days Inventory increased from Mar. 2023 (0.00) to Mar. 2024 (106.84). It might indicate that Manoj Ceramic's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Manoj Ceramic's Inventory Turnover for the six months ended in Mar. 2024 was 1.71.

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. Manoj Ceramic's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.46.


Manoj Ceramic Days Inventory Historical Data

The historical data trend for Manoj Ceramic'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.

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Manoj Ceramic Days Inventory Chart

Manoj Ceramic Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
413.53 331.22 156.29 119.57

Manoj Ceramic Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
Days Inventory - - - 127.26 106.84

Competitive Comparison of Manoj Ceramic's Days Inventory

For the Building Materials subindustry, Manoj Ceramic'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.


Manoj Ceramic's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Manoj Ceramic's Days Inventory distribution charts can be found below:

* The bar in red indicates where Manoj Ceramic's Days Inventory falls into.



Manoj Ceramic Days Inventory Calculation

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

Manoj Ceramic'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
=( (225.323 + 260.739) / 2 ) / 741.861*365
=243.031 / 741.861*365
=119.57

Manoj Ceramic'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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (227.594 + 260.739) / 2 ) / 417.093*365 / 2
=244.1665 / 417.093*365 / 2
=106.84

* 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.


Manoj Ceramic  (BOM:544073) 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.

Manoj Ceramic's Inventory Turnover for the six 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.

Manoj Ceramic's Inventory to Revenue for the six 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.


Manoj Ceramic Days Inventory Related Terms

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


Manoj Ceramic (BOM:544073) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Unit No. 2 to 8, Building No. 19-24, Indian Corporation Compound, Mankoli Naka, Bhiwandi, Thane, MH, IND, 421302
Manoj Ceramic Ltd is engaged in trading ceramic tiles and Tiles Adhesive under their own brand " MCPL" through a dealer network, Retail showroom, wholesale as BTB, and export. It specializes in two products: Ceramic Tiles and Tile Adhesive. Its segment includes the business of wholesale or retail, the business of trading in all kinds of building materials including cements of all varieties.

Manoj Ceramic (BOM:544073) Headlines

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