Cox & Kings Financial Service (BOM:542641) Days Inventory: (As of Mar. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Cox & Kings Financial Service Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cox & Kings Financial Service's Average Total Inventories for the six months ended in Mar. 2022 was ₹0.00 Mil. Cox & Kings Financial Service's Cost of Goods Sold for the six months ended in Mar. 2022 was ₹0.03 Mil. Hence, Cox & Kings Financial Service's Days Inventory for the six months ended in Mar. 2022 was 0.00.

The historical rank and industry rank for Cox & Kings Financial Service's Days Inventory or its related term are showing as below:

BOM:542641's Days Inventory is not ranked *
in the Credit Services industry.
Industry Median: 52.1
* Ranked among companies with meaningful Days Inventory only.

Cox & Kings Financial Service's Days Inventory declined from Mar. 2020 (1.47) to Mar. 2022 ().

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. Cox & Kings Financial Service's Inventory-to-Revenue for the six months ended in Mar. 2022 was 0.00.


Cox & Kings Financial Service  (BOM:542641) 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.

Cox & Kings Financial Service's Inventory Turnover for the six months ended in Mar. 2022 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.

Cox & Kings Financial Service's Inventory to Revenue for the six months ended in Mar. 2022 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.


Cox & Kings Financial Service Days Inventory Related Terms


Cox & Kings Financial Service Days Inventory Historical Data

* Premium members only.

The historical data trend for Cox & Kings Financial Service'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.

Cox & Kings Financial Service Days Inventory Chart

Cox & Kings Financial Service Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22
Days Inventory
0.00 2.09 1.47 - -

Cox & Kings Financial Service Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Mar22
Days Inventory 0.00 2.09 1.47 - -

Cox & Kings Financial Service Days Inventory Competitor Comparison

For the Credit Services subindustry, Cox & Kings Financial Service'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.


Cox & Kings Financial Service Days Inventory vs Credit Services Industry

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

* The bar in red indicates where Cox & Kings Financial Service's Days Inventory falls into.



Cox & Kings Financial Service Days Inventory Calculation

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

Cox & Kings Financial Service's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

Days Inventory (A: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2021 ) + Total Inventories (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0.02611*365
=0 / 0.02611*365
=0.00

Cox & Kings Financial Service's Days Inventory for the quarter that ended in Mar. 2022 is calculated as:

Days Inventory (Q: Mar. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0.02611*365 / 2
=0 / 0.02611*365 / 2
=0.00

* 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.


Cox & Kings Financial Service Business Description

Address Off. Andheri Kurla Link Road, Marol Makwana Road, 1st Floor, Vaman Centre, Andheri (East), Mumbai, MH, IND, 400001
Cox & Kings Financial Service Ltd is an Indian based company proposes to carry on Foreign Exchange Business, Holiday Financing, Student Loan Financing and Other Non-Banking Financial Service Activities.