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Vani Commercials (BOM:538918) Days Inventory : 0.00 (As of Mar. 2024)


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What is Vani Commercials Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vani Commercials's Average Total Inventories for the three months ended in Mar. 2024 was ₹2.10 Mil. Vani Commercials's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹-7.41 Mil.

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

BOM:538918' s Days Inventory Range Over the Past 10 Years
Min: 38.03   Med: 354.52   Max: 526.83
Current: 38.46

During the past 11 years, Vani Commercials's highest Days Inventory was 526.83. The lowest was 38.03. And the median was 354.52.

BOM:538918's Days Inventory is ranked better than
51.52% of 99 companies
in the Credit Services industry
Industry Median: 40.46 vs BOM:538918: 38.46

Vani Commercials's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Vani Commercials's Inventory Turnover for the three months ended in Mar. 2024 was -3.53.

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.


Vani Commercials Days Inventory Historical Data

The historical data trend for Vani Commercials'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.

Vani Commercials Days Inventory Chart

Vani Commercials 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 354.52 186.24 117.80 - 38.03

Vani Commercials 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 - 36.50 - - -

Competitive Comparison of Vani Commercials's Days Inventory

For the Credit Services subindustry, Vani Commercials'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.


Vani Commercials's Days Inventory Distribution in the Credit Services Industry

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

* The bar in red indicates where Vani Commercials's Days Inventory falls into.



Vani Commercials Days Inventory Calculation

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

Vani Commercials'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
=( (2.064 + 2.1) / 2 ) / 19.983*365
=2.082 / 19.983*365
=38.03

Vani Commercials'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 + 2.1) / 1 ) / -7.408*365 / 4
=2.1 / -7.408*365 / 4
=N/A

* 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.


Vani Commercials  (BOM:538918) 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.

Vani Commercials'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.

Vani Commercials'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.


Vani Commercials Days Inventory Related Terms

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


Vani Commercials (BOM:538918) Business Description

Traded in Other Exchanges
N/A
Address
162?A, Second fFloor, Sector?7, Dwarka, New Delhi, IND, 110045
Vani Commercials Ltd is an India-based non-banking finance company. Its product includes loans for the purchase of equipment and machinery, working capital loans, loans for business or capacity expansion, term loans against property, loans for the purchase of commercial property, and lease rental discounting. The company offers its lending services to Micro, Small, and Medium Enterprises. It derives key revenue from the Interest income.

Vani Commercials (BOM:538918) Headlines

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