GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mudra Financial Services Ltd (BOM:539819) » Definitions » Days Inventory

Mudra Financial Services (BOM:539819) Days Inventory : 79.12 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Mudra Financial Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mudra Financial Services's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.99 Mil. Mudra Financial Services's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1.14 Mil. Hence, Mudra Financial Services's Days Inventory for the three months ended in Dec. 2023 was 79.12.

The historical rank and industry rank for Mudra Financial Services's Days Inventory or its related term are showing as below:

BOM:539819' s Days Inventory Range Over the Past 10 Years
Min: 156.54   Med: 619.47   Max: 921.01
Current: 156.54

During the past 13 years, Mudra Financial Services's highest Days Inventory was 921.01. The lowest was 156.54. And the median was 619.47.

BOM:539819's Days Inventory is not ranked
in the Credit Services industry.
Industry Median: 45.6 vs BOM:539819: 156.54

Mudra Financial Services's Days Inventory declined from Dec. 2022 (180.62) to Dec. 2023 (79.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Mudra Financial Services's Inventory Turnover for the three months ended in Dec. 2023 was 1.15.

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. Mudra Financial Services's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.46.


Mudra Financial Services Days Inventory Historical Data

The historical data trend for Mudra Financial Services'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.

Mudra Financial Services Days Inventory Chart

Mudra Financial Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 619.47 278.03

Mudra Financial Services Quarterly Data
Mar19 Jun19 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 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 180.62 - 98.59 66.93 79.12

Competitive Comparison of Mudra Financial Services's Days Inventory

For the Credit Services subindustry, Mudra Financial Services'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.


Mudra Financial Services's Days Inventory Distribution in the Credit Services Industry

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

* The bar in red indicates where Mudra Financial Services's Days Inventory falls into.



Mudra Financial Services Days Inventory Calculation

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

Mudra Financial Services'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
=( (2.281 + 0.9) / 2 ) / 2.088*365
=1.5905 / 2.088*365
=278.03

Mudra Financial Services'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
=( (0.991 + 0) / 1 ) / 1.143*365 / 4
=0.991 / 1.143*365 / 4
=79.12

* 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.


Mudra Financial Services  (BOM:539819) 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.

Mudra Financial Services's Inventory Turnover for the three months ended in Dec. 2023 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.

Mudra Financial Services's Inventory to Revenue for the three months ended in Dec. 2023 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.


Mudra Financial Services Days Inventory Related Terms

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


Mudra Financial Services (BOM:539819) Business Description

Traded in Other Exchanges
N/A
Address
Azad Road, Above Central Bank of India, 3rd Floor, B Wing, Vaastu Darshan, Andheri (East), Mumbai, MH, IND, 400069
Mudra Financial Services Ltd is an Indian-based non-banking financial company. It is engaged in the business of trading and investment in shares, granting of loans & advances to various segments of the industry, and other financial activities.

Mudra Financial Services (BOM:539819) Headlines

No Headlines