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Voltaire Leasing & Finance (BOM:509038) Days Inventory : 230.56 (As of Dec. 2023)


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What is Voltaire Leasing & Finance Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Voltaire Leasing & Finance's Average Total Inventories for the three months ended in Dec. 2023 was ₹1.04 Mil. Voltaire Leasing & Finance's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.41 Mil. Hence, Voltaire Leasing & Finance's Days Inventory for the three months ended in Dec. 2023 was 230.56.

The historical rank and industry rank for Voltaire Leasing & Finance's Days Inventory or its related term are showing as below:

BOM:509038' s Days Inventory Range Over the Past 10 Years
Min: 2.03   Med: 36.67   Max: 251.37
Current: 179.64

During the past 11 years, Voltaire Leasing & Finance's highest Days Inventory was 251.37. The lowest was 2.03. And the median was 36.67.

BOM:509038's Days Inventory is ranked worse than
67.89% of 218 companies
in the Capital Markets industry
Industry Median: 62.495 vs BOM:509038: 179.64

Voltaire Leasing & Finance's Days Inventory increased from Dec. 2022 (41.71) to Dec. 2023 (230.56). It might indicate that Voltaire Leasing & Finance's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Voltaire Leasing & Finance's Inventory Turnover for the three months ended in Dec. 2023 was 0.40.

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. Voltaire Leasing & Finance's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.79.


Voltaire Leasing & Finance Days Inventory Historical Data

The historical data trend for Voltaire Leasing & Finance'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.

Voltaire Leasing & Finance Days Inventory Chart

Voltaire Leasing & Finance 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 - 2.03 8.52 36.67 86.84

Voltaire Leasing & Finance 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 41.71 240.73 326.15 208.77 230.56

Competitive Comparison of Voltaire Leasing & Finance's Days Inventory

For the Capital Markets subindustry, Voltaire Leasing & Finance'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.


Voltaire Leasing & Finance's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Voltaire Leasing & Finance's Days Inventory distribution charts can be found below:

* The bar in red indicates where Voltaire Leasing & Finance's Days Inventory falls into.



Voltaire Leasing & Finance Days Inventory Calculation

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

Voltaire Leasing & Finance'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
=( (0.224 + 0.554) / 2 ) / 1.635*365
=0.389 / 1.635*365
=86.84

Voltaire Leasing & Finance'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
=( (1.041 + 0) / 1 ) / 0.412*365 / 4
=1.041 / 0.412*365 / 4
=230.56

* 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.


Voltaire Leasing & Finance  (BOM:509038) 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.

Voltaire Leasing & Finance'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.

Voltaire Leasing & Finance'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.


Voltaire Leasing & Finance Days Inventory Related Terms

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


Voltaire Leasing & Finance (BOM:509038) Business Description

Traded in Other Exchanges
N/A
Address
Nagindas Master Road, Mezzanine Floor, 79, Bhagyodaya Building, 3rd Floor, Fort, Mumbai, MH, IND, 400023
Voltaire Leasing & Finance Ltd is a finance and investment company engaged in the investment of shares and securities as well as treasury. Its other business includes purchasing, selling, hiring all kinds of plant and machinery, and equipment.

Voltaire Leasing & Finance (BOM:509038) Headlines

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