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Melstacorp (COL:MELS.N0000) Days Inventory : 48.33 (As of Dec. 2023)


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What is Melstacorp Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Melstacorp's Average Total Inventories for the three months ended in Dec. 2023 was රු12,826 Mil. Melstacorp's Cost of Goods Sold for the three months ended in Dec. 2023 was රු24,218 Mil. Hence, Melstacorp's Days Inventory for the three months ended in Dec. 2023 was 48.33.

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

COL:MELS.N0000' s Days Inventory Range Over the Past 10 Years
Min: 47.49   Med: 81.17   Max: 126.82
Current: 56.75

During the past 13 years, Melstacorp's highest Days Inventory was 126.82. The lowest was 47.49. And the median was 81.17.

COL:MELS.N0000's Days Inventory is ranked better than
84.95% of 206 companies
in the Beverages - Alcoholic industry
Industry Median: 160.955 vs COL:MELS.N0000: 56.75

Melstacorp's Days Inventory declined from Dec. 2022 (64.19) to Dec. 2023 (48.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. Melstacorp's Inventory Turnover for the three months ended in Dec. 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. Melstacorp's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.29.


Melstacorp Days Inventory Historical Data

The historical data trend for Melstacorp'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.

Melstacorp Days Inventory Chart

Melstacorp 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 51.45 55.10 66.35 53.83 47.49

Melstacorp 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 64.19 56.25 64.20 57.04 48.33

Competitive Comparison of Melstacorp's Days Inventory

For the Beverages - Wineries & Distilleries subindustry, Melstacorp'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.


Melstacorp's Days Inventory Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Melstacorp's Days Inventory distribution charts can be found below:

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



Melstacorp Days Inventory Calculation

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

Melstacorp'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
=( (9713.576 + 15140.162) / 2 ) / 95501.445*365
=12426.869 / 95501.445*365
=47.49

Melstacorp'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
=( (12737.68 + 12913.49) / 2 ) / 24217.84*365 / 4
=12825.585 / 24217.84*365 / 4
=48.33

* 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.


Melstacorp  (COL:MELS.N0000) 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.

Melstacorp'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.

Melstacorp's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=12825.585 / 44533.629
=0.29

* 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.


Melstacorp Days Inventory Related Terms

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


Melstacorp (COL:MELS.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No.110, Norris Canal Road, Colombo, LKA, 10
Melstacorp plc is a Sri Lankan company that engages in the distillation, manufacture, and distribution of liquor products. It operates through business segments: Beverages, Plantations, Telecommunication, Financial Services, and Diversified. The Beverages segments cover distillation, manufacture, and distribution of liquor products; the Plantations segment involves in cultivation and processing of tea and rubber; the Telecommunication segment engages in providing voice, data, broadband, software, and networking solutions; the Financial Services segment offers a variety of financial solutions; and the Diversified segment includes power generation, logistics, and other activities. Melstacorp owns a range of wines and spirits such as Albert Bichot French wines, Chilean wines, and others.

Melstacorp (COL:MELS.N0000) Headlines

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