Almondz Global Securities (BOM:531400) Days Inventory : 167.34 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Almondz Global Securities Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Almondz Global Securities's Average Total Inventories for the three months ended in Dec. 2023 was ₹379.8 Mil. Almondz Global Securities's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹207.1 Mil. Hence, Almondz Global Securities's Days Inventory for the three months ended in Dec. 2023 was 167.34.

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

BOM:531400' s Days Inventory Range Over the Past 10 Years
Min: 16.25 Med: 106.92 Max: 344.31
Current: 224.57

During the past 13 years, Almondz Global Securities's highest Days Inventory was 344.31. The lowest was 16.25. And the median was 106.92.

BOM:531400's Days Inventory is ranked worse than
72.94% of 218 companies
in the Capital Markets industry
Industry Median: 62.495 vs BOM:531400: 224.57

Almondz Global Securities's Days Inventory increased from Dec. 2022 (74.36) to Dec. 2023 (167.34). It might indicate that Almondz Global Securities'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. Almondz Global Securities's Inventory Turnover for the three months ended in Dec. 2023 was 0.55.

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. Almondz Global Securities's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.40.

Almondz Global Securities Days Inventory Historical Data

The historical data trend for Almondz Global Securities'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.

Almondz Global Securities Days Inventory Chart

Almondz Global Securities Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

58.64

16.25

37.03

106.92

205.05

Almondz Global Securities 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															74.36	-	160.36	246.67	167.34

Competitive Comparison of Almondz Global Securities's Days Inventory

For the Capital Markets subindustry, Almondz Global Securities'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.

Almondz Global Securities's Days Inventory Distribution in the Capital Markets Industry

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

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

Almondz Global Securities Days Inventory Calculation

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

Almondz Global Securities'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
=	( (75.341	+	203.326)	/	2 )	/	248.02	*	365
=	139.3335					/	248.02	*	365
=	205.05

Almondz Global Securities'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
=	( (379.8	+	0)	/	1 )	/	207.1	*	365 / 4
=	379.8					/	207.1	*	365 / 4
=	167.34

Almondz Global Securities (BOM:531400) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	207.1	/	379.8
	=	0.55

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	379.8	/	270.5
	=	1.40

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.

Almondz Global Securities Days Inventory Related Terms

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

Almondz Global Securities (BOM:531400) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Almondz Global Securities Ltd (BOM:531400) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ALMONDZ:India

Address

175, CST Road,, Level 5, Grande Palladium, Off BKC, Kalina, Santarcruz (East), Mumbai, MH, IND, 400098

Website

https://www.almondzglobal.com

Almondz Global Securities Ltd is an Indian provider of financial services. It offers investment banking, institutional equity sales, trading, research, broking, private and corporate wealth management, depository, insurance, reinsurance broking, and other services. The company also provides various advisory services including, financial advisory (investment advisory and equity broking services), depository participant services, and private equity to a diversified client base of corporates. Business segments include Debt and equity market operations, Corporate finance and advisory fees, Broking activities and Wealth advisory. Substantial revenue accrues from the Corporate finance and advisory fee segment.

Almondz Global Securities (BOM:531400) Headlines

No Headlines