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Crest Ventures (BOM:511413) Days Inventory : 451.14 (As of Mar. 2024)


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What is Crest Ventures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Crest Ventures's Average Total Inventories for the three months ended in Mar. 2024 was ₹868 Mil. Crest Ventures's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹176 Mil. Hence, Crest Ventures's Days Inventory for the three months ended in Mar. 2024 was 451.14.

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

BOM:511413' s Days Inventory Range Over the Past 10 Years
Min: 131.06   Med: 387.59   Max: 904.76
Current: 388.5

During the past 13 years, Crest Ventures's highest Days Inventory was 904.76. The lowest was 131.06. And the median was 387.59.

BOM:511413's Days Inventory is ranked worse than
93.33% of 30 companies
in the Diversified Financial Services industry
Industry Median: 69.33 vs BOM:511413: 388.50

Crest Ventures's Days Inventory declined from Mar. 2023 (556.91) to Mar. 2024 (451.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. Crest Ventures's Inventory Turnover for the three months ended in Mar. 2024 was 0.20.

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. Crest Ventures's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.18.


Crest Ventures Days Inventory Historical Data

The historical data trend for Crest Ventures'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.

Crest Ventures Days Inventory Chart

Crest Ventures 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 131.06 370.91 880.43 560.42 404.26

Crest Ventures 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 556.91 420.83 439.94 266.04 451.14

Competitive Comparison of Crest Ventures's Days Inventory

For the Financial Conglomerates subindustry, Crest Ventures'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.


Crest Ventures's Days Inventory Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Crest Ventures's Days Inventory distribution charts can be found below:

* The bar in red indicates where Crest Ventures's Days Inventory falls into.



Crest Ventures Days Inventory Calculation

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

Crest Ventures'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
=( (635.886 + 868.364) / 2 ) / 679.079*365
=752.125 / 679.079*365
=404.26

Crest Ventures'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 + 868.364) / 1 ) / 175.641*365 / 4
=868.364 / 175.641*365 / 4
=451.14

* 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.


Crest Ventures  (BOM:511413) 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.

Crest Ventures'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.

Crest Ventures'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.


Crest Ventures Days Inventory Related Terms

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


Crest Ventures (BOM:511413) Business Description

Traded in Other Exchanges
Address
111, Maker Chambers IV, Nariman Point, 11th Floor, Mumbai, MH, IND, 400021
Crest Ventures Ltd is a non-banking finance company. Its operating segment includes Broking and intermediary activities; Real estate and related activities; Investing and financial activities and Others. Broking and intermediary services includes broking and related intermediary services in the wholesale debt market, foreign exchange markets, options and swaps, mutual fund and portfolio management services. Investing and financial services of the group includes investing in subsidiary, associates , joint ventures and other entities, dealing in fixed income securities market and advancing of inter-corporate loans.

Crest Ventures (BOM:511413) Headlines

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