Markolines Pavement Technologies (BOM:543364) Days Inventory : 96.77 (As of Sep. 2023)

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What is Markolines Pavement Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Markolines Pavement Technologies's Average Total Inventories for the six months ended in Sep. 2023 was ₹213 Mil. Markolines Pavement Technologies's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹402 Mil. Hence, Markolines Pavement Technologies's Days Inventory for the six months ended in Sep. 2023 was 96.77.

The historical rank and industry rank for Markolines Pavement Technologies's Days Inventory or its related term are showing as below:

BOM:543364' s Days Inventory Range Over the Past 10 Years
Min: 67.43 Med: 118.11 Max: 216.59
Current: 134.34

During the past 5 years, Markolines Pavement Technologies's highest Days Inventory was 216.59. The lowest was 67.43. And the median was 118.11.

BOM:543364's Days Inventory is ranked worse than
78.28% of 1395 companies
in the Construction industry
Industry Median: 48.75 vs BOM:543364: 134.34

Markolines Pavement Technologies's Days Inventory declined from Sep. 2022 (166.59) to Sep. 2023 (96.77).

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. Markolines Pavement Technologies's Inventory Turnover for the six months ended in Sep. 2023 was 1.89.

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. Markolines Pavement Technologies's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.16.

Markolines Pavement Technologies Days Inventory Historical Data

The historical data trend for Markolines Pavement Technologies'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.

Markolines Pavement Technologies Days Inventory Chart

Markolines Pavement Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

101.22

67.43

118.11

173.46

216.59

Markolines Pavement Technologies Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial				216.41	138.81	166.59	261.74	96.77

Competitive Comparison of Markolines Pavement Technologies's Days Inventory

For the Infrastructure Operations subindustry, Markolines Pavement Technologies'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.

Markolines Pavement Technologies's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Markolines Pavement Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Markolines Pavement Technologies's Days Inventory falls into.

Markolines Pavement Technologies Days Inventory Calculation

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

Markolines Pavement Technologies'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
=	( (140.453	+	235.447)	/	2 )	/	316.731	*	365
=	187.95					/	316.731	*	365
=	216.59

Markolines Pavement Technologies's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (235.447	+	191.225)	/	2 )	/	402.349	*	365 / 2
=	213.336					/	402.349	*	365 / 2
=	96.77

Markolines Pavement Technologies (BOM:543364) 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.

Markolines Pavement Technologies's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	402.349	/	213.336
	=	1.89

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.

Markolines Pavement Technologies's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	213.336	/	1310.378
	=	0.16

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.

Markolines Pavement Technologies Days Inventory Related Terms

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

Markolines Pavement Technologies (BOM:543364) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Markolines Pavement Technologies Ltd (BOM:543364) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Shree Nand Dham, 6th Floor, Wing-A, Sector-11, CBD Belapur, Navi Mumbai, MH, IND, 400614

Website

https://www.markolines.com

Markolines Pavement Technologies Ltd is a highway operation and maintenance service providing company. Its operations are mainly divided into-Highway Operations which include toll operations, route patrolling, and incident management; the Highway Maintenance division includes routine maintenance, preventive maintenance, and major maintenance and repairs and whereas the specialized Maintenance Services include micro surfacing, Base Stabilization and cold in-place recycling.

Markolines Pavement Technologies (BOM:543364) Headlines

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