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Maksons Spinning Mills (DHA:MAKSONSPIN) Days Inventory : 234.80 (As of Mar. 2024)


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What is Maksons Spinning Mills Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maksons Spinning Mills's Average Total Inventories for the three months ended in Mar. 2024 was BDT3,469 Mil. Maksons Spinning Mills's Cost of Goods Sold for the three months ended in Mar. 2024 was BDT1,348 Mil. Hence, Maksons Spinning Mills's Days Inventory for the three months ended in Mar. 2024 was 234.80.

The historical rank and industry rank for Maksons Spinning Mills's Days Inventory or its related term are showing as below:

DHA:MAKSONSPIN' s Days Inventory Range Over the Past 10 Years
Min: 161.67   Med: 214.79   Max: 398.18
Current: 216.29

During the past 13 years, Maksons Spinning Mills's highest Days Inventory was 398.18. The lowest was 161.67. And the median was 214.79.

DHA:MAKSONSPIN's Days Inventory is ranked worse than
75.42% of 1001 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 131.33 vs DHA:MAKSONSPIN: 216.29

Maksons Spinning Mills's Days Inventory increased from Mar. 2023 (168.42) to Mar. 2024 (234.80). It might indicate that Maksons Spinning Mills's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maksons Spinning Mills'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. Maksons Spinning Mills's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.26.


Maksons Spinning Mills Days Inventory Historical Data

The historical data trend for Maksons Spinning Mills'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.

Maksons Spinning Mills Days Inventory Chart

Maksons Spinning Mills Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 198.33 230.56 206.78 174.21 222.79

Maksons Spinning Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 168.42 199.02 219.78 213.48 234.80

Competitive Comparison of Maksons Spinning Mills's Days Inventory

For the Textile Manufacturing subindustry, Maksons Spinning Mills'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.


Maksons Spinning Mills's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Maksons Spinning Mills's Days Inventory distribution charts can be found below:

* The bar in red indicates where Maksons Spinning Mills's Days Inventory falls into.



Maksons Spinning Mills Days Inventory Calculation

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

Maksons Spinning Mills's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (2601.85 + 3048.19) / 2 ) / 4628.241*365
=2825.02 / 4628.241*365
=222.79

Maksons Spinning Mills'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: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (3403.612 + 3534.745) / 2 ) / 1348.224*365 / 4
=3469.1785 / 1348.224*365 / 4
=234.80

* 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.


Maksons Spinning Mills  (DHA:MAKSONSPIN) 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.

Maksons Spinning Mills'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.

Maksons Spinning Mills'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.


Maksons Spinning Mills Days Inventory Related Terms

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


Maksons Spinning Mills (DHA:MAKSONSPIN) Business Description

Traded in Other Exchanges
N/A
Address
House No. 17, Road No. 6, Sector No. 1, Uttara Model Town, Dhaka, BGD, 1230
Maksons Spinning Mills Ltd is Bangladesh based company in the production and sale of cotton yarn and also it offers cotton combed and carded yarn to the export-oriented readymade garments and knitting industries. The company's specialties are following Carded Yarn, Organic Yarn (Carded, Combed, Slub, Grey melange), Combed Yarn, Slub Yarn, BCI Yarn, Compact Combed Yarn, Grey Melange Yarn, and slub yarn.

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