Sarthak Global (BOM:530993) Days Inventory : 261.57 (As of Dec. 2023)

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What is Sarthak Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sarthak Global's Average Total Inventories for the three months ended in Dec. 2023 was ₹3.18 Mil. Sarthak Global's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1.11 Mil. Hence, Sarthak Global's Days Inventory for the three months ended in Dec. 2023 was 261.57.

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

BOM:530993' s Days Inventory Range Over the Past 10 Years
Min: 18.29 Med: 45.83 Max: 415.41
Current: 60.84

During the past 13 years, Sarthak Global's highest Days Inventory was 415.41. The lowest was 18.29. And the median was 45.83.

BOM:530993's Days Inventory is ranked worse than
50.68% of 219 companies
in the Capital Markets industry
Industry Median: 60.78 vs BOM:530993: 60.84

Sarthak Global's Days Inventory increased from Dec. 2022 (118.40) to Dec. 2023 (261.57). It might indicate that Sarthak Global's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sarthak Global's Inventory Turnover for the three months ended in Dec. 2023 was 0.35.

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. Sarthak Global's Inventory-to-Revenue for the three months ended in Dec. 2023 was 3.58.

Sarthak Global Days Inventory Historical Data

The historical data trend for Sarthak Global'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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Sarthak Global Days Inventory Chart

Sarthak Global Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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20.35

18.29

80.90

63.38

44.63

Sarthak Global 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															118.40	14.45	458.99	265.64	261.57

Competitive Comparison of Sarthak Global's Days Inventory

For the Capital Markets subindustry, Sarthak Global'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.

Sarthak Global's Days Inventory Distribution in the Capital Markets Industry

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

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

Sarthak Global Days Inventory Calculation

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

Sarthak Global'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
=	( (2.81	+	3.179)	/	2 )	/	24.49	*	365
=	2.9945					/	24.49	*	365
=	44.63

Sarthak Global'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
=	( (3.179	+	0)	/	1 )	/	1.109	*	365 / 4
=	3.179					/	1.109	*	365 / 4
=	261.57

Sarthak Global (BOM:530993) 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.

Sarthak Global's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.109	/	3.179
	=	0.35

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.179	/	0.887
	=	3.58

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.

Sarthak Global Days Inventory Related Terms

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

Sarthak Global (BOM:530993) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sarthak Global Ltd (BOM:530993) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

R.N.T. Marg, 170/10, Film Colony, Indore, MP, IND, 452001

Website

http://www.sarthakglobal.com

Sarthak Global Ltd is engaged in fund activities. It operates in two segments including the Trading of Commodities and Share Transfer Agent. The company also operates in the short-term money market and offers inter-corporate deposits and unsecured advances. Its service offering includes registrar and shares transfer agent services and generates the majority of the revenue from Sales of Commodities.

Sarthak Global (BOM:530993) Headlines

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