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Trio Mercantile & Trading (BOM:534755) Days Inventory : 276.76 (As of Dec. 2023)


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What is Trio Mercantile & Trading Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Trio Mercantile & Trading's Average Total Inventories for the three months ended in Dec. 2023 was ₹2.02 Mil. Trio Mercantile & Trading's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.67 Mil. Hence, Trio Mercantile & Trading's Days Inventory for the three months ended in Dec. 2023 was 276.76.

The historical rank and industry rank for Trio Mercantile & Trading's Days Inventory or its related term are showing as below:

BOM:534755' s Days Inventory Range Over the Past 10 Years
Min: 2.98   Med: 13.09   Max: 23.49
Current: 19.88

During the past 12 years, Trio Mercantile & Trading's highest Days Inventory was 23.49. The lowest was 2.98. And the median was 13.09.

BOM:534755's Days Inventory is ranked better than
63% of 100 companies
in the Credit Services industry
Industry Median: 38.185 vs BOM:534755: 19.88

Trio Mercantile & Trading's Days Inventory increased from Dec. 2022 (19.25) to Dec. 2023 (276.76). It might indicate that Trio Mercantile & Trading's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Trio Mercantile & Trading's Inventory Turnover for the three months ended in Dec. 2023 was 0.33.

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. Trio Mercantile & Trading's Inventory-to-Revenue for the three months ended in Dec. 2023 was 14.55.


Trio Mercantile & Trading Days Inventory Historical Data

The historical data trend for Trio Mercantile & Trading'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.

Trio Mercantile & Trading Days Inventory Chart

Trio Mercantile & Trading 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 8.78 13.65 12.52 13.77 18.38

Trio Mercantile & Trading 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 19.25 11.22 17.32 18.84 276.76

Competitive Comparison of Trio Mercantile & Trading's Days Inventory

For the Credit Services subindustry, Trio Mercantile & Trading'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.


Trio Mercantile & Trading's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Trio Mercantile & Trading's Days Inventory distribution charts can be found below:

* The bar in red indicates where Trio Mercantile & Trading's Days Inventory falls into.



Trio Mercantile & Trading Days Inventory Calculation

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

Trio Mercantile & Trading'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
=( (1.96 + 1.857) / 2 ) / 37.904*365
=1.9085 / 37.904*365
=18.38

Trio Mercantile & Trading'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
=( (2.023 + 0) / 1 ) / 0.667*365 / 4
=2.023 / 0.667*365 / 4
=276.76

* 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.


Trio Mercantile & Trading  (BOM:534755) 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.

Trio Mercantile & Trading'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.

Trio Mercantile & Trading'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.


Trio Mercantile & Trading Days Inventory Related Terms

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


Trio Mercantile & Trading (BOM:534755) Business Description

Traded in Other Exchanges
N/A
Address
Kora Kendra, Off S.V. Road, 613/B, Mangal Aarambh, Near Mc Donalds, Borivali (West), Mumbai, MH, IND, 400092
Trio Mercantile & Trading Ltd is engaged in activities of trading in India. It derives the majority of revenue from the sale of goods followed by the sale of services.

Trio Mercantile & Trading (BOM:534755) Headlines

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