GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Marksans Pharma Ltd (NSE:MARKSANS) » Definitions » Days Inventory

Marksans Pharma (NSE:MARKSANS) Days Inventory : 177.47 (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Marksans Pharma Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Marksans Pharma's Average Total Inventories for the three months ended in Dec. 2023 was ₹5,306 Mil. Marksans Pharma's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2,728 Mil. Hence, Marksans Pharma's Days Inventory for the three months ended in Dec. 2023 was 177.47.

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

NSE:MARKSANS' s Days Inventory Range Over the Past 10 Years
Min: 89.42   Med: 152.32   Max: 211
Current: 173.47

During the past 13 years, Marksans Pharma's highest Days Inventory was 211.00. The lowest was 89.42. And the median was 152.32.

NSE:MARKSANS's Days Inventory is ranked worse than
56.28% of 972 companies
in the Drug Manufacturers industry
Industry Median: 158.44 vs NSE:MARKSANS: 173.47

Marksans Pharma's Days Inventory increased from Dec. 2022 (162.98) to Dec. 2023 (177.47). It might indicate that Marksans Pharma's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marksans Pharma's Inventory Turnover for the three months ended in Dec. 2023 was 0.51.

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. Marksans Pharma's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.91.


Marksans Pharma Days Inventory Historical Data

The historical data trend for Marksans Pharma'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.

Marksans Pharma Days Inventory Chart

Marksans Pharma 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 180.34 165.15 190.63 211.00 180.09

Marksans Pharma 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 162.98 181.40 182.21 191.59 177.47

Competitive Comparison of Marksans Pharma's Days Inventory

For the Drug Manufacturers - General subindustry, Marksans Pharma'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.


Marksans Pharma's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Marksans Pharma's Days Inventory distribution charts can be found below:

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



Marksans Pharma Days Inventory Calculation

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

Marksans Pharma'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
=( (4244.42 + 4847.39) / 2 ) / 9213.58*365
=4545.905 / 9213.58*365
=180.09

Marksans Pharma'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
=( (5306.03 + 0) / 1 ) / 2728.19*365 / 4
=5306.03 / 2728.19*365 / 4
=177.47

* 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.


Marksans Pharma  (NSE:MARKSANS) 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.

Marksans Pharma'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.

Marksans Pharma'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.


Marksans Pharma Days Inventory Related Terms

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


Marksans Pharma (NSE:MARKSANS) Business Description

Traded in Other Exchanges
Address
Veera Desai Extension Road, 11th Floor, Grandeur, Opposite Gundecha Symphony, Oshiwara, Andheri (West), Mumbai, MH, IND, 400053
Marksans Pharma Ltd is a pharmaceutical company. The company is engaged in the research, manufacturing, and marketing of pharmaceutical formulations. It manufactures analgesics, gastroenterology, anti-diabetic, cardiovascular, pain management, gynecology, gastrointestinal and oncologic drugs as well as antibiotics and antiallergic medications. It has a market presence with the majority of the revenue generated from the United States and North America, followed by Europe and the UK, Australia and New Zealand, India, and the Rest of the World.

Marksans Pharma (NSE:MARKSANS) Headlines

No Headlines