RR Financial Consultants (BOM:511626) Days Inventory : 194.11 (As of Dec. 2023)

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What is RR Financial Consultants Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RR Financial Consultants's Average Total Inventories for the three months ended in Dec. 2023 was ₹17.4 Mil. RR Financial Consultants's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹8.2 Mil. Hence, RR Financial Consultants's Days Inventory for the three months ended in Dec. 2023 was 194.11.

The historical rank and industry rank for RR Financial Consultants's Days Inventory or its related term are showing as below:

BOM:511626' s Days Inventory Range Over the Past 10 Years
Min: 22.6 Med: 31.61 Max: 46.58
Current: 34.72

During the past 13 years, RR Financial Consultants's highest Days Inventory was 46.58. The lowest was 22.60. And the median was 31.61.

BOM:511626's Days Inventory is ranked better than
66.67% of 27 companies
in the Diversified Financial Services industry
Industry Median: 67.4 vs BOM:511626: 34.72

RR Financial Consultants's Days Inventory increased from Dec. 2022 (94.70) to Dec. 2023 (194.11). It might indicate that RR Financial Consultants's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. RR Financial Consultants's Inventory Turnover for the three months ended in Dec. 2023 was 0.47.

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. RR Financial Consultants's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.36.

RR Financial Consultants Days Inventory Historical Data

The historical data trend for RR Financial Consultants'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.

RR Financial Consultants Days Inventory Chart

RR Financial Consultants Annual Data

Trend

Jun14

Jun15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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22.60

34.03

46.58

34.67

28.15

RR Financial Consultants 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															94.70	8.67	104.70	176.72	194.11

Competitive Comparison of RR Financial Consultants's Days Inventory

For the Financial Conglomerates subindustry, RR Financial Consultants'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.

RR Financial Consultants's Days Inventory Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where RR Financial Consultants's Days Inventory falls into.

RR Financial Consultants Days Inventory Calculation

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

RR Financial Consultants'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
=	( (10.115	+	10.039)	/	2 )	/	130.648	*	365
=	10.077					/	130.648	*	365
=	28.15

RR Financial Consultants'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
=	( (17.405	+	0)	/	1 )	/	8.182	*	365 / 4
=	17.405					/	8.182	*	365 / 4
=	194.11

RR Financial Consultants (BOM:511626) 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.

RR Financial Consultants's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.182	/	17.405
	=	0.47

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.

RR Financial Consultants's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.405	/	48.804
	=	0.36

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.

RR Financial Consultants Days Inventory Related Terms

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

RR Financial Consultants (BOM:511626) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » RR Financial Consultants Ltd (BOM:511626) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

21, Barakhamba Road, 412-422, 4th Floor, Indraprakash Building, New Delhi, IND, 110001

Website

https://www.rrfinance.com

RR Financial Consultants Ltd is an India-based company engaged in the finance and insurance business. The company is also involved in the activities of financial advisory. Its business activities include equity broking, insurance broking, investment banking, and distribution. The company offers products such as stockbroking, commodity broking, futures and options, interest rate derivatives, currency derivatives, corporate and life insurance, retail general insurance, corporate finance, equity capital markets, private equity, mutual funds, fixed deposits, initial public offerings and tax saving schemes. It derives a majority of its revenue from offering brokerage, consultancy, and auxiliary services.

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