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Greencrest Financial Services (BOM:531737) Days Inventory : 270.77 (As of Mar. 2024)


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What is Greencrest Financial Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Greencrest Financial Services's Average Total Inventories for the three months ended in Mar. 2024 was ₹190.5 Mil. Greencrest Financial Services's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹64.2 Mil. Hence, Greencrest Financial Services's Days Inventory for the three months ended in Mar. 2024 was 270.77.

The historical rank and industry rank for Greencrest Financial Services's Days Inventory or its related term are showing as below:

BOM:531737' s Days Inventory Range Over the Past 10 Years
Min: 66.41   Med: 260.75   Max: 8563.7
Current: 168.29

During the past 13 years, Greencrest Financial Services's highest Days Inventory was 8563.70. The lowest was 66.41. And the median was 260.75.

BOM:531737's Days Inventory is ranked worse than
66.96% of 224 companies
in the Capital Markets industry
Industry Median: 68.355 vs BOM:531737: 168.29

Greencrest Financial Services's Days Inventory increased from Mar. 2023 (53.65) to Mar. 2024 (270.77). It might indicate that Greencrest Financial Services's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Greencrest Financial Services's Inventory Turnover for the three months ended in Mar. 2024 was 0.34.

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. Greencrest Financial Services's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.30.


Greencrest Financial Services Days Inventory Historical Data

The historical data trend for Greencrest Financial Services'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.

Greencrest Financial Services Days Inventory Chart

Greencrest Financial Services 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 1,052.86 8,563.70 264.83 86.86 144.73

Greencrest Financial Services 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 53.65 138.89 265.06 117.25 270.77

Competitive Comparison of Greencrest Financial Services's Days Inventory

For the Capital Markets subindustry, Greencrest Financial Services'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.


Greencrest Financial Services's Days Inventory Distribution in the Capital Markets Industry

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

* The bar in red indicates where Greencrest Financial Services's Days Inventory falls into.



Greencrest Financial Services Days Inventory Calculation

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

Greencrest Financial Services'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
=( (72.962 + 190.467) / 2 ) / 332.182*365
=131.7145 / 332.182*365
=144.73

Greencrest Financial Services'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 + 190.467) / 1 ) / 64.187*365 / 4
=190.467 / 64.187*365 / 4
=270.77

* 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.


Greencrest Financial Services  (BOM:531737) 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.

Greencrest Financial Services'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.

Greencrest Financial Services'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.


Greencrest Financial Services Days Inventory Related Terms

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


Greencrest Financial Services (BOM:531737) Business Description

Traded in Other Exchanges
N/A
Address
8, Ganesh Chandra Avenue, Saha Court, 1st Floor, Kolkata, WB, IND, 700 013
Greencrest Financial Services Ltd is an India based non-banking financial company focused on Finance and Investments business. The company is engaged in financing, investing in shares and securities, commodities and other related activities of capital marketing. The firm is in the single business of trading in shares and securities and generates its entire revenue from this operation.

Greencrest Financial Services (BOM:531737) Headlines

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