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Mukat Pipes (BOM:523832) Days Inventory : 83.51 (As of Dec. 2023)


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What is Mukat Pipes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mukat Pipes's Average Total Inventories for the three months ended in Dec. 2023 was ₹10.86 Mil. Mukat Pipes's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹11.86 Mil. Hence, Mukat Pipes's Days Inventory for the three months ended in Dec. 2023 was 83.51.

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

BOM:523832' s Days Inventory Range Over the Past 10 Years
Min: 43.99   Med: 137.59   Max: 504.22
Current: 85.66

During the past 13 years, Mukat Pipes's highest Days Inventory was 504.22. The lowest was 43.99. And the median was 137.59.

BOM:523832's Days Inventory is ranked better than
50.43% of 575 companies
in the Steel industry
Industry Median: 86.14 vs BOM:523832: 85.66

Mukat Pipes's Days Inventory declined from Dec. 2022 (477.49) to Dec. 2023 (83.51).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mukat Pipes's Inventory Turnover for the three months ended in Dec. 2023 was 1.09.

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. Mukat Pipes's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.63.


Mukat Pipes Days Inventory Historical Data

The historical data trend for Mukat Pipes'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.

Mukat Pipes Days Inventory Chart

Mukat Pipes Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.75 130.77 53.04 43.99 165.20

Mukat Pipes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 477.49 105.21 129.25 132.54 83.51

Competitive Comparison of Mukat Pipes's Days Inventory

For the Steel subindustry, Mukat Pipes'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.


Mukat Pipes's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mukat Pipes's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mukat Pipes's Days Inventory falls into.



Mukat Pipes Days Inventory Calculation

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

Mukat Pipes'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
=( (3.721 + 9.024) / 2 ) / 14.08*365
=6.3725 / 14.08*365
=165.20

Mukat Pipes's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (10.857 + 0) / 1 ) / 11.863*365 / 4
=10.857 / 11.863*365 / 4
=83.51

* 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.


Mukat Pipes  (BOM:523832) 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.

Mukat Pipes's Inventory Turnover for the three months ended in Dec. 2023 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.

Mukat Pipes's Inventory to Revenue for the three months ended in Dec. 2023 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.


Mukat Pipes Days Inventory Related Terms

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


Mukat Pipes (BOM:523832) Business Description

Traded in Other Exchanges
N/A
Address
J.P. Road, Versova, Flat Number 39, Parag Apartments, 7th Floor, Andheri (West), Mumbai, MH, IND, 400061
Mukat Pipes Ltd is an India-based company that operates in the business of pipes. The company is involved in the manufacturing of Longitudinal and helical pipes. The product offered by the company includes MS shells for Infrastructure, Longitudinal Submerged Arc Welded (SAW) pipes; Spiral SAW pipes; Site pipe fabrication, and Penstock pipes. Geographically, the group operates in India.

Mukat Pipes (BOM:523832) Headlines

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