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Available Finance (BOM:531310) Days Inventory : 0.00 (As of Dec. 2023)


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What is Available Finance Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Available Finance's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.00 Mil. Available Finance's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.31 Mil. Hence, Available Finance's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

BOM:531310's Days Inventory is not ranked *
in the Credit Services industry.
Industry Median: 45.6
* Ranked among companies with meaningful Days Inventory only.

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


Available Finance Days Inventory Historical Data

The historical data trend for Available 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.

Available Finance Days Inventory Chart

Available Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
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Available Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Available Finance's Days Inventory

For the Credit Services subindustry, Available 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.


Available Finance's Days Inventory Distribution in the Credit Services Industry

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

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



Available Finance Days Inventory Calculation

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

Available 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
=( (0 + 0) / 1 ) / 1.322*365
=0 / 1.322*365
=0.00

Available 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
=( (0 + 0) / 1 ) / 0.305*365 / 4
=0 / 0.305*365 / 4
=0.00

* 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.


Available Finance  (BOM:531310) 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.

Available 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.

Available 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.


Available Finance Days Inventory Related Terms

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


Available Finance (BOM:531310) Business Description

Traded in Other Exchanges
N/A
Address
5, Yeshwant Colony, Agarwal House, Indore, MP, IND, 452003
Available Finance Ltd is a non-banking financial company. It offers finance and investment services. Its core business activities include providing loans and advances. Its objective is to provide money with or without security to individuals and bodies corporate. The company also acquires, hold, sell, buy, and deal in any shares, stocks, debentures, bonds, mortgages, obligations, and other securities. It generates revenue in the form of interest on loans.

Available Finance (BOM:531310) Headlines

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