Sainik Finance & Industries (BOM:530265) Days Inventory : 0.00 (As of Dec. 2023)

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What is Sainik Finance & Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sainik Finance & Industries's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.0 Mil. Sainik Finance & Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹24.4 Mil. Hence, Sainik Finance & Industries's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Sainik Finance & Industries's Days Inventory or its related term are showing as below:

During the past 13 years, Sainik Finance & Industries's highest Days Inventory was 25.78. The lowest was 0.01. And the median was 1.03.

BOM:530265's Days Inventory is not ranked ^*
in the Credit Services industry.
Industry Median: 41.91
* Ranked among companies with meaningful Days Inventory only.

Sainik Finance & Industries's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Sainik Finance & Industries's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Sainik Finance & Industries Days Inventory Historical Data

The historical data trend for Sainik Finance & Industries'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.

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Sainik Finance & Industries Days Inventory Chart

Sainik Finance & Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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0.01

Sainik Finance & Industries 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															-	-	-	-	-

Competitive Comparison of Sainik Finance & Industries's Days Inventory

For the Credit Services subindustry, Sainik Finance & Industries'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.

Sainik Finance & Industries's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sainik Finance & Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sainik Finance & Industries's Days Inventory falls into.

Sainik Finance & Industries Days Inventory Calculation

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

Sainik Finance & Industries'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
=	( (0	+	0)	/	1 )	/	155.673	*	365
=	0					/	155.673	*	365
=	0.00

Sainik Finance & Industries'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
=	( (0	+	0)	/	1 )	/	24.412	*	365 / 4
=	0					/	24.412	*	365 / 4
=	0.00

Sainik Finance & Industries (BOM:530265) 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.

Sainik Finance & Industries's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	24.412	/	0
	=

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.

Sainik Finance & Industries's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	36.975
	=	0.00

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.

Sainik Finance & Industries Days Inventory Related Terms

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

Sainik Finance & Industries (BOM:530265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sainik Finance & Industries Ltd (BOM:530265) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

NH-8, Ambience Mall, 7th Floor, Corporate Office Tower, Gurugram, HR, IND, 122002

Website

http://www.sainikfinance.com

Sainik Finance & Industries Ltd is a non-banking finance company. It is engaged in the business of providing credit. The group's operations are concentrated in India. Its primary source of revenue is the interest income.

Sainik Finance & Industries (BOM:530265) Headlines

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