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Pioneer Investcorp (BOM:507864) Days Inventory : 4,305.14 (As of Dec. 2023)


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What is Pioneer Investcorp Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pioneer Investcorp's Average Total Inventories for the three months ended in Dec. 2023 was ₹1,936.1 Mil. Pioneer Investcorp's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹41.0 Mil. Hence, Pioneer Investcorp's Days Inventory for the three months ended in Dec. 2023 was 4,305.14.

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

BOM:507864' s Days Inventory Range Over the Past 10 Years
Min: 559.62   Med: 794.77   Max: 2159.64
Current: 2159.64

During the past 13 years, Pioneer Investcorp's highest Days Inventory was 2159.64. The lowest was 559.62. And the median was 794.77.

BOM:507864's Days Inventory is ranked worse than
91.74% of 218 companies
in the Capital Markets industry
Industry Median: 62.495 vs BOM:507864: 2159.64

Pioneer Investcorp's Days Inventory increased from Dec. 2022 (1,172.76) to Dec. 2023 (4,305.14). It might indicate that Pioneer Investcorp's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pioneer Investcorp's Inventory Turnover for the three months ended in Dec. 2023 was 0.02.

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. Pioneer Investcorp's Inventory-to-Revenue for the three months ended in Dec. 2023 was 22.21.


Pioneer Investcorp Days Inventory Historical Data

The historical data trend for Pioneer Investcorp'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.

Pioneer Investcorp Days Inventory Chart

Pioneer Investcorp 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 772.08 559.62 1,347.09 1,398.46 601.22

Pioneer Investcorp 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 1,172.76 811.20 666.44 4,200.13 4,305.14

Competitive Comparison of Pioneer Investcorp's Days Inventory

For the Capital Markets subindustry, Pioneer Investcorp'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.


Pioneer Investcorp's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pioneer Investcorp's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pioneer Investcorp's Days Inventory falls into.



Pioneer Investcorp Days Inventory Calculation

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

Pioneer Investcorp'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
=( (203.445 + 286.566) / 2 ) / 148.742*365
=245.0055 / 148.742*365
=601.22

Pioneer Investcorp'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
=( (1936.063 + 0) / 1 ) / 41.036*365 / 4
=1936.063 / 41.036*365 / 4
=4,305.14

* 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.


Pioneer Investcorp  (BOM:507864) 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.

Pioneer Investcorp'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.

Pioneer Investcorp'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.


Pioneer Investcorp Days Inventory Related Terms

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


Pioneer Investcorp (BOM:507864) Business Description

Traded in Other Exchanges
N/A
Address
1218, Maker Chambers V, 12th Floor, Nariman Point, Mumbai, MH, IND, 400021
Pioneer Investcorp Ltd is a financial services company specializing in investment banking and advisory services. The company is a SEBI registered category I Merchant Banker. Its investment banking services include private equity advisory, merchant banking, corporate finance advisory, and strategic alliances, debt syndication, structured transactions, and mergers and acquisitions. The company also deals in products like Treasury Bills, Government securities, State Development Loans, Non-SLR Bonds, Corporate Bonds, and money market instruments like Certificates of Deposit, Commercial Paper, Inter-Corporate Deposits, and Call and notice Money Deposits. It also provides underwriting, claims, reinsurance, and risk management for a diverse set of clients.

Pioneer Investcorp (BOM:507864) Headlines

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