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Aryaman Financial Services (BOM:530245) Days Inventory : 306.42 (As of Mar. 2024)


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What is Aryaman Financial Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aryaman Financial Services's Average Total Inventories for the three months ended in Mar. 2024 was ₹159.7 Mil. Aryaman Financial Services's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹47.5 Mil. Hence, Aryaman Financial Services's Days Inventory for the three months ended in Mar. 2024 was 306.42.

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

BOM:530245' s Days Inventory Range Over the Past 10 Years
Min: 45.61   Med: 99.16   Max: 180.84
Current: 180.84

During the past 13 years, Aryaman Financial Services's highest Days Inventory was 180.84. The lowest was 45.61. And the median was 99.16.

BOM:530245's Days Inventory is ranked worse than
67.71% of 223 companies
in the Capital Markets industry
Industry Median: 67.95 vs BOM:530245: 180.84

Aryaman Financial Services's Days Inventory increased from Mar. 2023 (100.61) to Mar. 2024 (306.42). It might indicate that Aryaman Financial Services's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aryaman Financial Services's Inventory Turnover for the three months ended in Mar. 2024 was 0.30.

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. Aryaman Financial Services's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.55.


Aryaman Financial Services Days Inventory Historical Data

The historical data trend for Aryaman Financial Services'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.

Aryaman Financial Services Days Inventory Chart

Aryaman Financial Services 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 148.65 89.15 123.69 149.62 179.91

Aryaman Financial Services 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 100.61 149.80 150.91 184.41 306.42

Competitive Comparison of Aryaman Financial Services's Days Inventory

For the Capital Markets subindustry, Aryaman Financial Services'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.


Aryaman Financial Services's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Aryaman Financial Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where Aryaman Financial Services's Days Inventory falls into.



Aryaman Financial Services Days Inventory Calculation

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

Aryaman Financial Services'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
=( (165.122 + 159.665) / 2 ) / 329.468*365
=162.3935 / 329.468*365
=179.91

Aryaman Financial Services'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 + 159.665) / 1 ) / 47.547*365 / 4
=159.665 / 47.547*365 / 4
=306.42

* 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.


Aryaman Financial Services  (BOM:530245) 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.

Aryaman Financial Services'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.

Aryaman Financial Services'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.


Aryaman Financial Services Days Inventory Related Terms

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


Aryaman Financial Services (BOM:530245) Business Description

Traded in Other Exchanges
N/A
Address
Alkesh Dinesh Modi Marg, 60, Khatau Building, Ground Floor, Fort, Mumbai, MH, IND, 400001
Aryaman Financial Services Ltd is engaged in the business of Merchant Banking. The company is engaged in the business of lead management and syndication of small and medium-sized initial public offerings, rights issues, composite issues, venture capital funding, and others. It generates revenue from the sale of stock in trade.

Aryaman Financial Services (BOM:530245) Headlines

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