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Fervent Synergies (BOM:533896) Days Inventory : 0.00 (As of Mar. 2024)


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What is Fervent Synergies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fervent Synergies's Average Total Inventories for the three months ended in Mar. 2024 was ₹0.0 Mil. Fervent Synergies's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹139.2 Mil. Hence, Fervent Synergies's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

During the past 13 years, Fervent Synergies's highest Days Inventory was 365.00. The lowest was 12.20. And the median was 97.97.

BOM:533896's Days Inventory is not ranked *
in the Retail - Defensive industry.
Industry Median: 36.41
* Ranked among companies with meaningful Days Inventory only.

Fervent Synergies's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (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. Fervent Synergies's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Fervent Synergies Days Inventory Historical Data

The historical data trend for Fervent Synergies'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.

Fervent Synergies Days Inventory Chart

Fervent Synergies 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 80.65 365.00 - - -

Fervent Synergies 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 - - - - -

Competitive Comparison of Fervent Synergies's Days Inventory

For the Food Distribution subindustry, Fervent Synergies'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.


Fervent Synergies's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Fervent Synergies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fervent Synergies's Days Inventory falls into.



Fervent Synergies Days Inventory Calculation

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

Fervent Synergies'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
=( (0 + 0) / 1 ) / 220.821*365
=0 / 220.821*365
=0.00

Fervent Synergies'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 + 0) / 1 ) / 139.236*365 / 4
=0 / 139.236*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.


Fervent Synergies  (BOM:533896) 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.

Fervent Synergies'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.

Fervent Synergies'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.


Fervent Synergies Days Inventory Related Terms

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


Fervent Synergies (BOM:533896) Business Description

Traded in Other Exchanges
N/A
Address
M. G. Road, B-7/8, Satyam Commercial Complex, Ghatkopar (East), Mumbai, MH, IND, 400077
Fervent Synergies Ltd is an India-based company that is engaged in the trading of manufactured and basic foodstuff. The company's business segments are Food and Finance. Its Food division engages in trading of almonds and the Finance division engages in the business activities of funds lending, investing in fixed-term deposits, and similar securities. The company earns maximum revenue from the Finance division segment.

Fervent Synergies (BOM:533896) Headlines

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