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Dr Agarwal'S Eye Hospital (BOM:526783) Days Inventory : 51.43 (As of Mar. 2024)


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What is Dr Agarwal'S Eye Hospital Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dr Agarwal'S Eye Hospital's Average Total Inventories for the three months ended in Mar. 2024 was ₹98 Mil. Dr Agarwal'S Eye Hospital's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹173 Mil. Hence, Dr Agarwal'S Eye Hospital's Days Inventory for the three months ended in Mar. 2024 was 51.43.

The historical rank and industry rank for Dr Agarwal'S Eye Hospital's Days Inventory or its related term are showing as below:

BOM:526783' s Days Inventory Range Over the Past 10 Years
Min: 35.12   Med: 70.15   Max: 205.66
Current: 41.03

During the past 13 years, Dr Agarwal'S Eye Hospital's highest Days Inventory was 205.66. The lowest was 35.12. And the median was 70.15.

BOM:526783's Days Inventory is ranked worse than
57.45% of 470 companies
in the Healthcare Providers & Services industry
Industry Median: 32.575 vs BOM:526783: 41.03

Dr Agarwal'S Eye Hospital's Days Inventory increased from Mar. 2023 (34.35) to Mar. 2024 (51.43). It might indicate that Dr Agarwal'S Eye Hospital's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dr Agarwal'S Eye Hospital's Inventory Turnover for the three months ended in Mar. 2024 was 1.77.

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. Dr Agarwal'S Eye Hospital's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.12.


Dr Agarwal'S Eye Hospital Days Inventory Historical Data

The historical data trend for Dr Agarwal'S Eye Hospital'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.

Dr Agarwal'S Eye Hospital Days Inventory Chart

Dr Agarwal'S Eye Hospital 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 66.03 74.07 42.83 35.12 40.74

Dr Agarwal'S Eye Hospital 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 34.35 33.32 38.19 41.66 51.43

Competitive Comparison of Dr Agarwal'S Eye Hospital's Days Inventory

For the Medical Care Facilities subindustry, Dr Agarwal'S Eye Hospital'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.


Dr Agarwal'S Eye Hospital's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Dr Agarwal'S Eye Hospital's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dr Agarwal'S Eye Hospital's Days Inventory falls into.



Dr Agarwal'S Eye Hospital Days Inventory Calculation

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

Dr Agarwal'S Eye Hospital'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
=( (60 + 97.5) / 2 ) / 705.5*365
=78.75 / 705.5*365
=40.74

Dr Agarwal'S Eye Hospital'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 + 97.5) / 1 ) / 173*365 / 4
=97.5 / 173*365 / 4
=51.43

* 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.


Dr Agarwal'S Eye Hospital  (BOM:526783) 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.

Dr Agarwal'S Eye Hospital'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.

Dr Agarwal'S Eye Hospital'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.


Dr Agarwal'S Eye Hospital Days Inventory Related Terms

Thank you for viewing the detailed overview of Dr Agarwal'S Eye Hospital's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Dr Agarwal'S Eye Hospital (BOM:526783) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Moores Road, Off Greams Road, 3rd Floor, Buhari Towers, Near Asan Memorial School, Chennai, TN, IND, 600 006
Dr Agarwal'S Eye Hospital Ltd is a provider of eye care and related services. The company's specialty services include Cataract, Glaucoma, Laser Correction, Cornea and Refractive, Retina, Squint, Paediatric Ophthalmology, Neuro-Ophthalmology, Uvea, and Orbit and Oculoplasty. The firm generates its revenue from the sale of Opticals, Pharmaceutical Products, Contact Lens and Accessories, and others.

Dr Agarwal'S Eye Hospital (BOM:526783) Headlines

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