Mercia Asset Management (LSE:MERC) Days Inventory : 0.00 (As of Sep. 2024)

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What is Mercia Asset Management Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mercia Asset Management's Average Total Inventories for the six months ended in Sep. 2024 was £0.00 Mil. Mercia Asset Management's Cost of Goods Sold for the six months ended in Sep. 2024 was £9.75 Mil. Hence, Mercia Asset Management's Days Inventory for the six months ended in Sep. 2024 was 0.00.

The historical rank and industry rank for Mercia Asset Management's Days Inventory or its related term are showing as below:

LSE:MERC's Days Inventory is not ranked ^*
in the Asset Management industry.
Industry Median: 77.96
* Ranked among companies with meaningful Days Inventory only.

Mercia Asset Management's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

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. Mercia Asset Management's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.00.

Mercia Asset Management Days Inventory Historical Data

The historical data trend for Mercia Asset Management'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.

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Mercia Asset Management Days Inventory Chart

Mercia Asset Management Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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Mercia Asset Management Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Mercia Asset Management's Days Inventory

For the Asset Management subindustry, Mercia Asset Management'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.

Mercia Asset Management's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mercia Asset Management's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mercia Asset Management's Days Inventory falls into.

Mercia Asset Management Days Inventory Calculation

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

Mercia Asset Management'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
=	( (0	+	0)	/	1 )	/	14.467	*	365
=	0					/	14.467	*	365
=	0.00

Mercia Asset Management'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: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	9.747	*	365 / 2
=	0					/	9.747	*	365 / 2
=	0.00

Mercia Asset Management (LSE:MERC) 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.

Mercia Asset Management's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.747	/	0
	=

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.

Mercia Asset Management's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	17.908
	=	0.00

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.

Mercia Asset Management Days Inventory Related Terms

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Mercia Asset Management Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mercia Asset Management PLC (LSE:MERC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

17 High Street, Forward House, Henley-in-Arden, Warwickshire, GBR, B95 5AA

Website

https://www.mercia.co.uk

Mercia Asset Management PLC is a specialist asset manager focusing on supporting regional SMEs. The company provides capital across its four asset classes proprietary balance sheet capital, venture capital, private equity, and debt. The company initially nurtures businesses via its third-party funds under management and then, over time, provides further funding to the companies by deploying direct investment follow-on capital from its balance sheet. It has more than eight offices in the UK region, approx. 20 university partnerships and extensive personal networks, providing it with access to high-quality deal flow.