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PMC Fincorp (BOM:534060) Days Inventory : 18.81 (As of Mar. 2024)


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What is PMC Fincorp Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PMC Fincorp's Average Total Inventories for the three months ended in Mar. 2024 was ₹1.1 Mil. PMC Fincorp's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹5.2 Mil. Hence, PMC Fincorp's Days Inventory for the three months ended in Mar. 2024 was 18.81.

The historical rank and industry rank for PMC Fincorp's Days Inventory or its related term are showing as below:

BOM:534060' s Days Inventory Range Over the Past 10 Years
Min: 12.93   Med: 50.67   Max: 74.11
Current: 15.23

During the past 13 years, PMC Fincorp's highest Days Inventory was 74.11. The lowest was 12.93. And the median was 50.67.

BOM:534060's Days Inventory is ranked better than
68.69% of 99 companies
in the Credit Services industry
Industry Median: 40.46 vs BOM:534060: 15.23

PMC Fincorp's Days Inventory increased from Mar. 2023 (13.13) to Mar. 2024 (18.81). It might indicate that PMC Fincorp's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PMC Fincorp's Inventory Turnover for the three months ended in Mar. 2024 was 4.85.

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. PMC Fincorp's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.02.


PMC Fincorp Days Inventory Historical Data

The historical data trend for PMC Fincorp'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.

PMC Fincorp Days Inventory Chart

PMC Fincorp 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 42.85 67.29 65.64 25.42 15.66

PMC Fincorp 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 13.13 13.32 13.23 15.22 18.81

Competitive Comparison of PMC Fincorp's Days Inventory

For the Credit Services subindustry, PMC Fincorp'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.


PMC Fincorp's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, PMC Fincorp's Days Inventory distribution charts can be found below:

* The bar in red indicates where PMC Fincorp's Days Inventory falls into.



PMC Fincorp Days Inventory Calculation

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

PMC Fincorp'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
=( (0.854 + 1.076) / 2 ) / 22.496*365
=0.965 / 22.496*365
=15.66

PMC Fincorp'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 + 1.076) / 1 ) / 5.22*365 / 4
=1.076 / 5.22*365 / 4
=18.81

* 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.


PMC Fincorp  (BOM:534060) 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.

PMC Fincorp'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.

PMC Fincorp'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.


PMC Fincorp Days Inventory Related Terms

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


PMC Fincorp (BOM:534060) Business Description

Traded in Other Exchanges
N/A
Address
201 & 202 Second Floor Rattan Jyoti Building, 18, Rajendra Place, New Delhi, IND, 110008
PMC Fincorp Ltd is a non-banking finance company. It is engaged in financing business, trading in the shares, and investment activities. It offers Corporate and Personal Finance, Debt Syndication, Private Placement, Arranger, Distribution and Marketing of Financial Products, and Dealing and Investment in the Stock Market. The company generates the majority of its revenue from Interest Income.

PMC Fincorp (BOM:534060) Headlines

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