Krishna Capital and Securities (BOM:539384) Days Inventory : 169.40 (As of Dec. 2023)

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What is Krishna Capital and Securities Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Krishna Capital and Securities's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.76 Mil. Krishna Capital and Securities's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.41 Mil. Hence, Krishna Capital and Securities's Days Inventory for the three months ended in Dec. 2023 was 169.40.

The historical rank and industry rank for Krishna Capital and Securities's Days Inventory or its related term are showing as below:

BOM:539384' s Days Inventory Range Over the Past 10 Years
Min: 89.23 Med: 169.01 Max: 1826.76
Current: 247.57

During the past 9 years, Krishna Capital and Securities's highest Days Inventory was 1826.76. The lowest was 89.23. And the median was 169.01.

BOM:539384's Days Inventory is ranked worse than
79.21% of 101 companies
in the Credit Services industry
Industry Median: 45.6 vs BOM:539384: 247.57

Krishna Capital and Securities's Days Inventory increased from Dec. 2022 (63.81) to Dec. 2023 (169.40). It might indicate that Krishna Capital and Securities's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Krishna Capital and Securities's Inventory Turnover for the three months ended in Dec. 2023 was 0.54.

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. Krishna Capital and Securities's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.83.

Krishna Capital and Securities Days Inventory Historical Data

The historical data trend for Krishna Capital and Securities'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.

Krishna Capital and Securities Days Inventory Chart

Krishna Capital and Securities Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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179.26

142.71

101.28

89.23

242.35

Krishna Capital and Securities Quarterly Data
	Dec18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															63.81	-	234.21	179.44	169.40

Competitive Comparison of Krishna Capital and Securities's Days Inventory

For the Credit Services subindustry, Krishna Capital and Securities'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.

Krishna Capital and Securities's Days Inventory Distribution in the Credit Services Industry

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

* The bar in red indicates where Krishna Capital and Securities's Days Inventory falls into.

Krishna Capital and Securities Days Inventory Calculation

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

Krishna Capital and Securities'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
=	( (0.453	+	0.616)	/	2 )	/	0.805	*	365
=	0.5345					/	0.805	*	365
=	242.35

Krishna Capital and Securities'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
=	( (0.763	+	0)	/	1 )	/	0.411	*	365 / 4
=	0.763					/	0.411	*	365 / 4
=	169.40

Krishna Capital and Securities (BOM:539384) 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.

Krishna Capital and Securities's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.411	/	0.763
	=	0.54

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.

Krishna Capital and Securities's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.763	/	0.92
	=	0.83

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.

Krishna Capital and Securities Days Inventory Related Terms

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

Krishna Capital and Securities (BOM:539384) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Krishna Capital and Securities Ltd (BOM:539384) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shyamal Cross Road, 403, Mauryansh Elanza, Behind Parekh Hospital, Satellite, Ahmedabad, GJ, IND, 380015

Website

https://www.kcsl.co.in

Krishna Capital and Securities Ltd is an India-based non-banking financial company. It is engaged in the business of lending capital and trading securities. The firm provides finance for companies, corporate bodies, and firms by way of advances and short-term loans.

Krishna Capital and Securities (BOM:539384) Headlines

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