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Sugal & Damani Share Brokers (BOM:511654) Days Inventory : 26.43 (As of Dec. 2023)


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What is Sugal & Damani Share Brokers Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sugal & Damani Share Brokers's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.81 Mil. Sugal & Damani Share Brokers's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2.78 Mil. Hence, Sugal & Damani Share Brokers's Days Inventory for the three months ended in Dec. 2023 was 26.43.

The historical rank and industry rank for Sugal & Damani Share Brokers's Days Inventory or its related term are showing as below:

BOM:511654' s Days Inventory Range Over the Past 10 Years
Min: 1.68   Med: 9.54   Max: 45.54
Current: 14.96

During the past 13 years, Sugal & Damani Share Brokers's highest Days Inventory was 45.54. The lowest was 1.68. And the median was 9.54.

BOM:511654's Days Inventory is ranked better than
70.78% of 219 companies
in the Capital Markets industry
Industry Median: 60.84 vs BOM:511654: 14.96

Sugal & Damani Share Brokers's Days Inventory increased from Dec. 2022 (6.72) to Dec. 2023 (26.43). It might indicate that Sugal & Damani Share Brokers's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sugal & Damani Share Brokers's Inventory Turnover for the three months ended in Dec. 2023 was 3.45.

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. Sugal & Damani Share Brokers's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.12.


Sugal & Damani Share Brokers Days Inventory Historical Data

The historical data trend for Sugal & Damani Share Brokers'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.

Sugal & Damani Share Brokers Days Inventory Chart

Sugal & Damani Share Brokers 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 2.30 1.68 3.05 9.32 9.75

Sugal & Damani Share Brokers 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 6.72 12.58 9.27 25.11 26.43

Competitive Comparison of Sugal & Damani Share Brokers's Days Inventory

For the Capital Markets subindustry, Sugal & Damani Share Brokers'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.


Sugal & Damani Share Brokers's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sugal & Damani Share Brokers's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sugal & Damani Share Brokers's Days Inventory falls into.



Sugal & Damani Share Brokers Days Inventory Calculation

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

Sugal & Damani Share Brokers'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
=( (0.18 + 0.238) / 2 ) / 7.827*365
=0.209 / 7.827*365
=9.75

Sugal & Damani Share Brokers'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
=( (0.805 + 0) / 1 ) / 2.779*365 / 4
=0.805 / 2.779*365 / 4
=26.43

* 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.


Sugal & Damani Share Brokers  (BOM:511654) 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.

Sugal & Damani Share Brokers'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.

Sugal & Damani Share Brokers'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.


Sugal & Damani Share Brokers Days Inventory Related Terms

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


Sugal & Damani Share Brokers (BOM:511654) Business Description

Traded in Other Exchanges
N/A
Address
No.7, Anna Salai, City Centre Plaza, 1st floor, Chennai, TN, IND, 600002
Sugal & Damani Share Brokers Ltd provides share broking services in India. It engages in the brokerage and distribution of equities, commodities; and provision of Internet trading, depository, FPOs underwriting and broking, and other financial and advisory services. The Company operates only in one segment of business which is Share Broking. The company also provides brokerage and distribution of equities, commodity trading, equity and derivatives trading, depository services and online trading services.

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