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Capital India Finance (BOM:530879) Days Inventory : 0.31 (As of Dec. 2023)


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What is Capital India Finance Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Capital India Finance's Average Total Inventories for the three months ended in Dec. 2023 was ₹5 Mil. Capital India Finance's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,454 Mil. Hence, Capital India Finance's Days Inventory for the three months ended in Dec. 2023 was 0.31.

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

BOM:530879' s Days Inventory Range Over the Past 10 Years
Min: 0.31   Med: 1.33   Max: 2.71
Current: 0.31

During the past 11 years, Capital India Finance's highest Days Inventory was 2.71. The lowest was 0.31. And the median was 1.33.

BOM:530879's Days Inventory is ranked better than
95.05% of 101 companies
in the Credit Services industry
Industry Median: 41.91 vs BOM:530879: 0.31

Capital India Finance's Days Inventory increased from Dec. 2022 (0.15) to Dec. 2023 (0.31). It might indicate that Capital India Finance's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Capital India Finance's Inventory Turnover for the three months ended in Dec. 2023 was 294.49.

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. Capital India Finance's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Capital India Finance Days Inventory Historical Data

The historical data trend for Capital India Finance'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.

Capital India Finance Days Inventory Chart

Capital India Finance 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 - 0.40 2.71 2.13 0.53

Capital India Finance 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 0.15 0.65 0.34 0.30 0.31

Competitive Comparison of Capital India Finance's Days Inventory

For the Credit Services subindustry, Capital India Finance'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.


Capital India Finance's Days Inventory Distribution in the Credit Services Industry

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

* The bar in red indicates where Capital India Finance's Days Inventory falls into.



Capital India Finance Days Inventory Calculation

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

Capital India Finance'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
=( (10.516 + 5.695) / 2 ) / 5557.431*365
=8.1055 / 5557.431*365
=0.53

Capital India Finance'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
=( (4.939 + 0) / 1 ) / 1454.495*365 / 4
=4.939 / 1454.495*365 / 4
=0.31

* 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.


Capital India Finance  (BOM:530879) 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.

Capital India Finance'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.

Capital India Finance'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.


Capital India Finance Days Inventory Related Terms

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


Capital India Finance (BOM:530879) Business Description

Traded in Other Exchanges
N/A
Address
Dr. Annie Besant Road, Level - 20, Birla Aurora, Worli, Mumbai, MH, IND, 400030
Capital India Finance Ltd is a non-banking financial company. The company is engaged in the business of giving loans or finance & investment activities. Its financial solutions consist of Small Business Finance which includes working capital loans, project finance, structured finance, loan against property; Retail Finance portfolio comprises of home loans, home improvement loans, home extension loans, NRI home loans.

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