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Niyogin Fintech (BOM:538772) Days Inventory : 9.31 (As of Sep. 2024)


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What is Niyogin Fintech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Niyogin Fintech's Average Total Inventories for the three months ended in Sep. 2024 was ₹69 Mil. Niyogin Fintech's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹675 Mil. Hence, Niyogin Fintech's Days Inventory for the three months ended in Sep. 2024 was 9.31.

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

BOM:538772' s Days Inventory Range Over the Past 10 Years
Min: 5.72   Med: 11.27   Max: 29317.45
Current: 10.2

During the past 11 years, Niyogin Fintech's highest Days Inventory was 29317.45. The lowest was 5.72. And the median was 11.27.

BOM:538772's Days Inventory is ranked better than
74.49% of 98 companies
in the Credit Services industry
Industry Median: 51.13 vs BOM:538772: 10.20

Niyogin Fintech's Days Inventory declined from Sep. 2023 (9.88) to Sep. 2024 (9.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. Niyogin Fintech's Inventory Turnover for the three months ended in Sep. 2024 was 9.80.

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. Niyogin Fintech's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.10.


Niyogin Fintech Days Inventory Historical Data

The historical data trend for Niyogin Fintech'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.

Niyogin Fintech Days Inventory Chart

Niyogin Fintech 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 - 10.57 5.72 12.18 11.27

Niyogin Fintech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.88 9.19 12.42 10.27 9.31

Competitive Comparison of Niyogin Fintech's Days Inventory

For the Credit Services subindustry, Niyogin Fintech'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.


Niyogin Fintech's Days Inventory Distribution in the Credit Services Industry

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

* The bar in red indicates where Niyogin Fintech's Days Inventory falls into.



Niyogin Fintech Days Inventory Calculation

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

Niyogin Fintech'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
=( (51.829 + 56.54) / 2 ) / 1755.48*365
=54.1845 / 1755.48*365
=11.27

Niyogin Fintech's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 68.807) / 1 ) / 674.514*365 / 4
=68.807 / 674.514*365 / 4
=9.31

* 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.


Niyogin Fintech  (BOM:538772) 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.

Niyogin Fintech's Inventory Turnover for the three months ended in Sep. 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.

Niyogin Fintech's Inventory to Revenue for the three months ended in Sep. 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.


Niyogin Fintech Days Inventory Related Terms

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


Niyogin Fintech Business Description

Traded in Other Exchanges
N/A
Address
Kirol Road, 311/312, 3rd Floor, Neelkanth Corporate IT Park, Vidyavihar (West), Mumbai, MH, IND, 400086
Niyogin Fintech Ltd is an Indian non-banking finance company. It is engaged in providing lending facilities and credit services to small and medium business. Geographically, it operates only in India. The company generates its revenue in the form of interest income, processing fees, Bounce charges, and other finance charges.

Niyogin Fintech Headlines

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