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Monarch Networth Capital (BOM:511551) Days Inventory : 111.53 (As of Dec. 2023)


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What is Monarch Networth Capital Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Monarch Networth Capital's Average Total Inventories for the three months ended in Dec. 2023 was ₹208 Mil. Monarch Networth Capital's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹170 Mil. Hence, Monarch Networth Capital's Days Inventory for the three months ended in Dec. 2023 was 111.53.

The historical rank and industry rank for Monarch Networth Capital's Days Inventory or its related term are showing as below:

BOM:511551' s Days Inventory Range Over the Past 10 Years
Min: 25.05   Med: 52.82   Max: 105.4
Current: 105.4

During the past 13 years, Monarch Networth Capital's highest Days Inventory was 105.40. The lowest was 25.05. And the median was 52.82.

BOM:511551's Days Inventory is ranked worse than
60.09% of 218 companies
in the Capital Markets industry
Industry Median: 62.495 vs BOM:511551: 105.40

Monarch Networth Capital's Days Inventory increased from Sep. 2022 (57.95) to Dec. 2023 (111.53). It might indicate that Monarch Networth Capital's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Monarch Networth Capital's Inventory Turnover for the three months ended in Dec. 2023 was 0.82.

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. Monarch Networth Capital's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.27.


Monarch Networth Capital Days Inventory Historical Data

The historical data trend for Monarch Networth Capital'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.

Monarch Networth Capital Days Inventory Chart

Monarch Networth Capital 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 28.38 28.46 25.05 52.82 81.83

Monarch Networth Capital Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 57.95 36.02 79.80 98.34 111.53

Competitive Comparison of Monarch Networth Capital's Days Inventory

For the Capital Markets subindustry, Monarch Networth Capital'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.


Monarch Networth Capital's Days Inventory Distribution in the Capital Markets Industry

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

* The bar in red indicates where Monarch Networth Capital's Days Inventory falls into.



Monarch Networth Capital Days Inventory Calculation

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

Monarch Networth Capital'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
=( (144.829 + 174.161) / 2 ) / 711.387*365
=159.495 / 711.387*365
=81.83

Monarch Networth Capital'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
=( (208.273 + 0) / 1 ) / 170.408*365 / 4
=208.273 / 170.408*365 / 4
=111.53

* 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.


Monarch Networth Capital  (BOM:511551) 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.

Monarch Networth Capital'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.

Monarch Networth Capital'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.


Monarch Networth Capital Days Inventory Related Terms

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


Monarch Networth Capital (BOM:511551) Business Description

Traded in Other Exchanges
Address
Near lshwar Bhuvan, Commerce Six Road, Monarch House, Opposite Prahladbhai Patel Garden, Navrangpura, Ahmedabad, GJ, IND, 380009
Monarch Networth Capital Ltd is an Indian based company that operates in the capital market business. It is engaged in the provision of broking and financial services to individuals, retail, and institutions in India. The business activity of the group is operated through Broking and Others; Non-Banking financial business and Insurance business segment. The company's products and financial services include trading in equities, derivatives, commodities, currency, mutual funds, insurance, and initial public offerings, tax-free bonds, loans against share, depository services, and others. Monarch derives revenue from the source of brokerage, account facilitation charges, and others.

Monarch Networth Capital (BOM:511551) Headlines

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