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Mefcom Capital Markets (BOM:531176) Days Inventory : 12.25 (As of Dec. 2023)


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What is Mefcom Capital Markets Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mefcom Capital Markets's Average Total Inventories for the three months ended in Dec. 2023 was ₹86 Mil. Mefcom Capital Markets's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹637 Mil. Hence, Mefcom Capital Markets's Days Inventory for the three months ended in Dec. 2023 was 12.25.

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

BOM:531176' s Days Inventory Range Over the Past 10 Years
Min: 28.94   Med: 109.59   Max: 334.35
Current: 28.94

During the past 13 years, Mefcom Capital Markets's highest Days Inventory was 334.35. The lowest was 28.94. And the median was 109.59.

BOM:531176's Days Inventory is ranked better than
59.63% of 218 companies
in the Capital Markets industry
Industry Median: 60.81 vs BOM:531176: 28.94

Mefcom Capital Markets's Days Inventory declined from Dec. 2022 (52.24) to Dec. 2023 (12.25).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mefcom Capital Markets's Inventory Turnover for the three months ended in Dec. 2023 was 7.45.

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. Mefcom Capital Markets's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.13.


Mefcom Capital Markets Days Inventory Historical Data

The historical data trend for Mefcom Capital Markets'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.

Mefcom Capital Markets Days Inventory Chart

Mefcom Capital Markets 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 197.84 334.35 108.96 49.36 72.98

Mefcom Capital Markets 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 52.24 102.99 49.46 16.07 12.25

Competitive Comparison of Mefcom Capital Markets's Days Inventory

For the Capital Markets subindustry, Mefcom Capital Markets'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.


Mefcom Capital Markets's Days Inventory Distribution in the Capital Markets Industry

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

* The bar in red indicates where Mefcom Capital Markets's Days Inventory falls into.



Mefcom Capital Markets Days Inventory Calculation

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

Mefcom Capital Markets'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
=( (162.432 + 117.258) / 2 ) / 699.414*365
=139.845 / 699.414*365
=72.98

Mefcom Capital Markets'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
=( (85.517 + 0) / 1 ) / 636.831*365 / 4
=85.517 / 636.831*365 / 4
=12.25

* 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.


Mefcom Capital Markets  (BOM:531176) 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.

Mefcom Capital Markets'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.

Mefcom Capital Markets'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.


Mefcom Capital Markets Days Inventory Related Terms

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


Mefcom Capital Markets (BOM:531176) Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, 77, Nehru Place, Sanchi Building, Flat No. 18, New Delhi, IND, 110019
Mefcom Capital Markets Ltd is an India-based company engaged in capital market operations and merchant banking activities. The company provides investment and financial services in the field of investment banking, corporate advisory, mergers and acquisitions, brokerage, and trading in equities, derivatives, commodities, and others. It operates through the business segments of Trading in Shares & Securities and Merchant Banking Services. The group operates in India and derives maximum revenue from the Trading in Shares & Securities segment.

Mefcom Capital Markets (BOM:531176) Headlines

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