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Inani Securities (BOM:531672) Days Inventory : 0.00 (As of Dec. 2023)


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What is Inani Securities Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Inani Securities's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.00 Mil. Inani Securities's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1.45 Mil. Hence, Inani Securities's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

BOM:531672' s Days Inventory Range Over the Past 10 Years
Min: 24.79   Med: 29.22   Max: 35.3
Current: 35.3

During the past 13 years, Inani Securities's highest Days Inventory was 35.30. The lowest was 24.79. And the median was 29.22.

BOM:531672's Days Inventory is ranked better than
57.73% of 220 companies
in the Capital Markets industry
Industry Median: 60.81 vs BOM:531672: 35.30

Inani Securities's Days Inventory declined from Dec. 2022 (21.44) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Inani Securities's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Inani Securities Days Inventory Historical Data

The historical data trend for Inani Securities'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.

Inani Securities Days Inventory Chart

Inani Securities 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 29.06 27.12 24.79 29.37 25.47

Inani Securities 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 21.44 29.67 38.71 - -

Competitive Comparison of Inani Securities's Days Inventory

For the Capital Markets subindustry, Inani Securities'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.


Inani Securities's Days Inventory Distribution in the Capital Markets Industry

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

* The bar in red indicates where Inani Securities's Days Inventory falls into.



Inani Securities Days Inventory Calculation

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

Inani Securities'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
=( (0.571 + 0.571) / 2 ) / 8.182*365
=0.571 / 8.182*365
=25.47

Inani Securities'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 + 0) / 1 ) / 1.451*365 / 4
=0 / 1.451*365 / 4
=0.00

* 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.


Inani Securities  (BOM:531672) 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.

Inani Securities'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.

Inani Securities'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.


Inani Securities Days Inventory Related Terms

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


Inani Securities (BOM:531672) Business Description

Traded in Other Exchanges
N/A
Address
Senapati Bapat Marg, Office No. 1408, 14th Floor, Naman Midtown, B-Wing, Next to lndiabulls Finance Center, Elphinstone, Mumbai, MH, IND, 400 013
Inani Securities Ltd is engaged in the capital market business sector. The company offers information analysis and research covering Indian businesses, financial markets, and institutional clients. It also focuses on equity, depository participant services, portfolio management services, distribution of mutual funds, and bonds. Geographically, the company operates only in the Indian market which is there only business segment.

Inani Securities (BOM:531672) Headlines

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