GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Mahasagar Travels Ltd (BOM:526795) » Definitions » Days Inventory

Mahasagar Travels (BOM:526795) Days Inventory : 12.31 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Mahasagar Travels Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mahasagar Travels's Average Total Inventories for the three months ended in Dec. 2023 was ₹8.8 Mil. Mahasagar Travels's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹65.3 Mil. Hence, Mahasagar Travels's Days Inventory for the three months ended in Dec. 2023 was 12.31.

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

BOM:526795' s Days Inventory Range Over the Past 10 Years
Min: 2.1   Med: 5.53   Max: 14.49
Current: 14.49

During the past 13 years, Mahasagar Travels's highest Days Inventory was 14.49. The lowest was 2.10. And the median was 5.53.

BOM:526795's Days Inventory is ranked better than
93.08% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.95 vs BOM:526795: 14.49

Mahasagar Travels's Days Inventory increased from Dec. 2022 (8.99) to Dec. 2023 (12.31). It might indicate that Mahasagar Travels's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mahasagar Travels's Inventory Turnover for the three months ended in Dec. 2023 was 7.41.

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. Mahasagar Travels's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.08.


Mahasagar Travels Days Inventory Historical Data

The historical data trend for Mahasagar Travels'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.

Mahasagar Travels Days Inventory Chart

Mahasagar Travels 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 5.64 5.58 10.14 10.28 7.50

Mahasagar Travels 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 8.99 17.30 7.30 21.23 12.31

Competitive Comparison of Mahasagar Travels's Days Inventory

For the Specialty Retail subindustry, Mahasagar Travels'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.


Mahasagar Travels's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mahasagar Travels's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mahasagar Travels's Days Inventory falls into.



Mahasagar Travels Days Inventory Calculation

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

Mahasagar Travels'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
=( (8.164 + 4.216) / 2 ) / 301.221*365
=6.19 / 301.221*365
=7.50

Mahasagar Travels'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
=( (8.808 + 0) / 1 ) / 65.302*365 / 4
=8.808 / 65.302*365 / 4
=12.31

* 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.


Mahasagar Travels  (BOM:526795) 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.

Mahasagar Travels'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.

Mahasagar Travels'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.


Mahasagar Travels Days Inventory Related Terms

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


Mahasagar Travels (BOM:526795) Business Description

Traded in Other Exchanges
N/A
Address
Jayshree Talkies Road, Mahasagar House, Kalwa Chowk, Junagadh, GJ, IND, 362001
Mahasagar Travels Ltd is involved in two segments namely Travels and Petroleum. The Petroleum segment generates maximum revenue for the company.

Mahasagar Travels (BOM:526795) Headlines

No Headlines