Comfort Fincap (BOM:535267) Days Inventory : 0.00 (As of Dec. 2023)

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What is Comfort Fincap Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Comfort Fincap's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.00 Mil. Comfort Fincap's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹12.20 Mil. Hence, Comfort Fincap's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

During the past 13 years, Comfort Fincap's highest Days Inventory was 6700.02. The lowest was 273.91. And the median was 941.06.

BOM:535267's Days Inventory is not ranked ^*
in the Credit Services industry.
Industry Median: 38.185
* Ranked among companies with meaningful Days Inventory only.

Comfort Fincap's Days Inventory stayed the same from Sep. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Comfort Fincap's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Comfort Fincap Days Inventory Historical Data

The historical data trend for Comfort Fincap'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.

Comfort Fincap Days Inventory Chart

Comfort Fincap Annual Data

Trend

Mar14

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Mar16

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Mar18

Mar19

Mar20

Mar21

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Mar23

Days Inventory

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Comfort Fincap Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Comfort Fincap's Days Inventory

For the Credit Services subindustry, Comfort Fincap'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.

Comfort Fincap's Days Inventory Distribution in the Credit Services Industry

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

* The bar in red indicates where Comfort Fincap's Days Inventory falls into.

Comfort Fincap Days Inventory Calculation

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

Comfort Fincap'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
=	( (0	+	0)	/	1 )	/	67.021	*	365
=	0					/	67.021	*	365
=	0.00

Comfort Fincap'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
=	( (0	+	0)	/	1 )	/	12.196	*	365 / 4
=	0					/	12.196	*	365 / 4
=	0.00

Comfort Fincap (BOM:535267) 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.

Comfort Fincap's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.196	/	0
	=

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.

Comfort Fincap's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	28.225
	=	0.00

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.

Comfort Fincap Days Inventory Related Terms

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

Comfort Fincap (BOM:535267) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Comfort Fincap Ltd (BOM:535267) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

S.V. Road, Opposite Natraj Market, A-301, Hetal Arch, Malad (West), Mumbai, MH, IND, 400064

Website

http://www.comfortfincap.com

Comfort Fincap Ltd is an India based non-banking financial company. It provides various financial solutions to commercial, industrial and financial clients. Its offerings include advancing loans against listed shares, securities, and properties, corporate loans, personal loans, trade financing, promoter funding, IPO (initial public offer) financing, bills discounting, margin funding, trading in shares and securities and arbitrage business in stock and commodity market. It generates revenue in the form of professional fees and interest income received from loans and advances and term deposits.

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