India Finsec (BOM:535667) Days Inventory : 0.00 (As of Dec. 2023)

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What is India Finsec Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). India Finsec's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.0 Mil. India Finsec's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹98.5 Mil. Hence, India Finsec's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

During the past 11 years, India Finsec's highest Days Inventory was 266.00. The lowest was 14.32. And the median was 104.57.

BOM:535667's Days Inventory is not ranked ^*
in the Credit Services industry.
Industry Median: 45.6
* Ranked among companies with meaningful Days Inventory only.

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

India Finsec Days Inventory Historical Data

The historical data trend for India Finsec'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.

India Finsec Days Inventory Chart

India Finsec Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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184.36

44.28

26.61

14.32

India Finsec 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 India Finsec's Days Inventory

For the Credit Services subindustry, India Finsec'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.

India Finsec's Days Inventory Distribution in the Credit Services Industry

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

* The bar in red indicates where India Finsec's Days Inventory falls into.

India Finsec Days Inventory Calculation

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

India Finsec'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 )	/	287.517	*	365
=	0					/	287.517	*	365
=	0.00

India Finsec'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 )	/	98.538	*	365 / 4
=	0					/	98.538	*	365 / 4
=	0.00

India Finsec (BOM:535667) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	98.538	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	160.898
	=	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.

India Finsec Days Inventory Related Terms

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

India Finsec (BOM:535667) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » India Finsec Ltd (BOM:535667) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

D-16, Above ICICI Bank, 1st Floor, Prashant Vihar, Sector - 14, Rohini, New Delhi, IND, 110 085

Website

https://www.indiafinsec.com

India Finsec Ltd operates as a non-banking financial company. It offers inter-corporate deposits, advancing short-term loans, long-term loans, credits to individuals and companies. It also deals in stocks, shares, and securities. The company's segments include: Trading and securities and advancing of loans after considering the nature of products and services. The firm mainly derives revenue from Interest on loans.

India Finsec (BOM:535667) Headlines

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