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Delphi World Money (BOM:533452) Days Inventory : 0.46 (As of Sep. 2023)


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What is Delphi World Money Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Delphi World Money's Average Total Inventories for the three months ended in Sep. 2023 was ₹43 Mil. Delphi World Money's Cost of Goods Sold for the three months ended in Sep. 2023 was ₹8,520 Mil. Hence, Delphi World Money's Days Inventory for the three months ended in Sep. 2023 was 0.46.

The historical rank and industry rank for Delphi World Money's Days Inventory or its related term are showing as below:

BOM:533452' s Days Inventory Range Over the Past 10 Years
Min: 0.3   Med: 1.17   Max: 2.08
Current: 0.41

During the past 13 years, Delphi World Money's highest Days Inventory was 2.08. The lowest was 0.30. And the median was 1.17.

BOM:533452's Days Inventory is ranked better than
93.61% of 219 companies
in the Capital Markets industry
Industry Median: 60.78 vs BOM:533452: 0.41

Delphi World Money's Days Inventory increased from Sep. 2022 (0.33) to Sep. 2023 (0.46). It might indicate that Delphi World Money's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Delphi World Money's Inventory Turnover for the three months ended in Sep. 2023 was 197.45.

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. Delphi World Money's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.


Delphi World Money Days Inventory Historical Data

The historical data trend for Delphi World Money'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.

Delphi World Money Days Inventory Chart

Delphi World Money 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 1.10 1.27 2.08 0.38 0.30

Delphi World Money Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.33 0.36 0.42 0.35 0.46

Competitive Comparison of Delphi World Money's Days Inventory

For the Capital Markets subindustry, Delphi World Money'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.


Delphi World Money's Days Inventory Distribution in the Capital Markets Industry

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

* The bar in red indicates where Delphi World Money's Days Inventory falls into.



Delphi World Money Days Inventory Calculation

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

Delphi World Money'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
=( (11.7 + 29.42) / 2 ) / 25403.97*365
=20.56 / 25403.97*365
=0.30

Delphi World Money's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 43.15) / 1 ) / 8520.02*365 / 4
=43.15 / 8520.02*365 / 4
=0.46

* 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.


Delphi World Money  (BOM:533452) 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.

Delphi World Money's Inventory Turnover for the three months ended in Sep. 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.

Delphi World Money's Inventory to Revenue for the three months ended in Sep. 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.


Delphi World Money Days Inventory Related Terms

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


Delphi World Money (BOM:533452) Business Description

Traded in Other Exchanges
Address
CST Road, Vidya Nagri Marg, 8th Floor, Manek Plaza, Kalina, Santacruz (East), Mumbai, MH, IND, 400098
Delphi World Money Ltd offers retail foreign exchange services. It provides Sell forex, foreign currencies, traveler's cheques, Forex for students, Outward and Inward Remittances, Prepaid Cards, Cash to Master, and Miscellaneous Remittances. It generates revenue from Money Transfer Services and Foreign Currency Services.

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