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Madhya Bharat Agro Products (NSE:MBAPL) Days Inventory : 289.60 (As of Mar. 2024)


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What is Madhya Bharat Agro Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Madhya Bharat Agro Products's Average Total Inventories for the three months ended in Mar. 2024 was ₹2,070 Mil. Madhya Bharat Agro Products's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹652 Mil. Hence, Madhya Bharat Agro Products's Days Inventory for the three months ended in Mar. 2024 was 289.60.

The historical rank and industry rank for Madhya Bharat Agro Products's Days Inventory or its related term are showing as below:

NSE:MBAPL' s Days Inventory Range Over the Past 10 Years
Min: 61.82   Med: 112.37   Max: 145.4
Current: 136.22

During the past 13 years, Madhya Bharat Agro Products's highest Days Inventory was 145.40. The lowest was 61.82. And the median was 112.37.

NSE:MBAPL's Days Inventory is ranked worse than
62.01% of 229 companies
in the Agriculture industry
Industry Median: 110.04 vs NSE:MBAPL: 136.22

Madhya Bharat Agro Products's Days Inventory increased from Mar. 2023 (123.50) to Mar. 2024 (289.60). It might indicate that Madhya Bharat Agro Products's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Madhya Bharat Agro Products's Inventory Turnover for the three months ended in Mar. 2024 was 0.32.

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. Madhya Bharat Agro Products's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.42.


Madhya Bharat Agro Products Days Inventory Historical Data

The historical data trend for Madhya Bharat Agro Products'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.

Madhya Bharat Agro Products Days Inventory Chart

Madhya Bharat Agro Products Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.64 145.40 118.03 108.89 137.87

Madhya Bharat Agro Products 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 123.50 209.09 90.95 94.94 289.60

Competitive Comparison of Madhya Bharat Agro Products's Days Inventory

For the Agricultural Inputs subindustry, Madhya Bharat Agro Products'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.


Madhya Bharat Agro Products's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Madhya Bharat Agro Products's Days Inventory distribution charts can be found below:

* The bar in red indicates where Madhya Bharat Agro Products's Days Inventory falls into.



Madhya Bharat Agro Products Days Inventory Calculation

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

Madhya Bharat Agro Products'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
=( (2139.784 + 2070.476) / 2 ) / 5572.992*365
=2105.13 / 5572.992*365
=137.87

Madhya Bharat Agro Products'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
=( (0 + 2070.476) / 1 ) / 652.386*365 / 4
=2070.476 / 652.386*365 / 4
=289.60

* 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.


Madhya Bharat Agro Products  (NSE:MBAPL) 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.

Madhya Bharat Agro Products'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.

Madhya Bharat Agro Products'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.


Madhya Bharat Agro Products Days Inventory Related Terms

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


Madhya Bharat Agro Products (NSE:MBAPL) Business Description

Traded in Other Exchanges
N/A
Address
5-0-21, Basement, R.C. Vyas Colony, Bhilwara, RJ, IND, 311001
Madhya Bharat Agro Products Ltd is engaged in the manufacturing of fertilizers and chemicals The company operates through two segments namely Manufacturing of Fertilizers and Manufacturing of Chemical. The firm is setting up a project comprising of phosphoric acid, triple superphosphate, chemicals and allied product and further expansion of single super phosphate and sulfuric acid. In addition, it is also involved in the business of purchase and sale of textiles and agricultural products. Most of its revenue is derived from the manufacturing of fertilizers.

Madhya Bharat Agro Products (NSE:MBAPL) Headlines

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