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Maks Energy Solutions India (NSE:MAKS) Days Inventory : 109.79 (As of Mar. 2023)


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What is Maks Energy Solutions India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maks Energy Solutions India's Average Total Inventories for the six months ended in Mar. 2023 was ₹119.7 Mil. Maks Energy Solutions India's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹397.8 Mil. Hence, Maks Energy Solutions India's Days Inventory for the six months ended in Mar. 2023 was 54.90.

The historical rank and industry rank for Maks Energy Solutions India's Days Inventory or its related term are showing as below:

NSE:MAKS' s Days Inventory Range Over the Past 10 Years
Min: 109.79   Med: 179.42   Max: 296.45
Current: 109.79

During the past 4 years, Maks Energy Solutions India's highest Days Inventory was 296.45. The lowest was 109.79. And the median was 179.42.

NSE:MAKS's Days Inventory is ranked better than
55.3% of 2908 companies
in the Industrial Products industry
Industry Median: 120.82 vs NSE:MAKS: 109.79

Maks Energy Solutions India's Days Inventory declined from Mar. 2021 (296.45) to Mar. 2023 (109.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Maks Energy Solutions India's Inventory Turnover for the six months ended in Mar. 2023 was 3.32.

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. Maks Energy Solutions India's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.27.

Maks Energy Solutions India Days Inventory Historical Data

The historical data trend for Maks Energy Solutions 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.

* Premium members only.

Maks Energy Solutions India Days Inventory Chart

Maks Energy Solutions India Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Days Inventory
160.35 296.45 198.48 109.79

Maks Energy Solutions India Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Days Inventory 160.35 296.45 198.48 109.79

Competitive Comparison of Maks Energy Solutions India's Days Inventory

For the Specialty Industrial Machinery subindustry, Maks Energy Solutions 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.

Maks Energy Solutions India's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Maks Energy Solutions India's Days Inventory distribution charts can be found below:

* The bar in red indicates where Maks Energy Solutions India's Days Inventory falls into.


Maks Energy Solutions India Days Inventory Calculation

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

Maks Energy Solutions India'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
=( (110.457 + 128.881) / 2 ) / 397.828*365
=119.669 / 397.828*365
=109.79

Maks Energy Solutions India'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
=( (110.457 + 128.881) / 2 ) / 397.828*365 / 2
=119.669 / 397.828*365 / 2
=54.90

* 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.

Maks Energy Solutions India  (NSE:MAKS) 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.

Maks Energy Solutions India's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=397.828 / 119.669
=3.32

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.

Maks Energy Solutions India's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=119.669 / 443.296
=0.27

* 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.

Maks Energy Solutions India Days Inventory Related Terms

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

Maks Energy Solutions India (NSE:MAKS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Maks Energy Solutions India Ltd (NSE:MAKS) » Definitions » Days Inventory
Comparable Companies
BOM:505216 BOM:517546 BOM:522292 BOM:505324 BOM:537326 BOM:513149 NSE:GLOBALPET BOM:507817 NSE:AUROIMPEX BOM:540519 GE XTER:SIE XPAR:SU ETN ITW XKRX:373220 OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
Shubham Society, Showroom-1, 599/600 Rasta Peth, Near- Parsi Agyari, Pune, MH, IND, 411011
Website
https://www.maksgenerators.com
Maks Energy Solutions India Ltd is engaged in the business of trading, dealing, assembling, selling, installing, testing, and commissioning generator and Diesel Generator sets. The company's products include Tata generators, Cummins generators, Perkins generators, and Spare parts. The company also has dealers outside India in Europe, Latin America, the USA, Singapore, the Middle East, Africa, Thailand, Nepal, Sri Lanka, and many other countries.

Maks Energy Solutions India (NSE:MAKS) Headlines

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