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Alka Securities (BOM:532166) Days Inventory : 169.31 (As of Dec. 2023)


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What is Alka Securities Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alka Securities's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.95 Mil. Alka Securities's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹0.51 Mil. Hence, Alka Securities's Days Inventory for the three months ended in Dec. 2023 was 169.31.

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

BOM:532166' s Days Inventory Range Over the Past 10 Years
Min: 126.42   Med: 500.26   Max: 30806
Current: 199.26

During the past 13 years, Alka Securities's highest Days Inventory was 30806.00. The lowest was 126.42. And the median was 500.26.

BOM:532166's Days Inventory is not ranked
in the Capital Markets industry.
Industry Median: 60.48 vs BOM:532166: 199.26

Alka Securities's Days Inventory increased from Dec. 2022 (46.78) to Dec. 2023 (169.31). It might indicate that Alka Securities'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. Alka Securities's Inventory Turnover for the three months ended in Dec. 2023 was 0.54.

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. Alka Securities's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.77.


Alka Securities Days Inventory Historical Data

The historical data trend for Alka 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.

Alka Securities Days Inventory Chart

Alka 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 592.56 500.26 126.42 162.40 258.21

Alka 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 46.78 1,697.39 189.09 105.08 169.31

Competitive Comparison of Alka Securities's Days Inventory

For the Capital Markets subindustry, Alka 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.


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

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

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



Alka Securities Days Inventory Calculation

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

Alka 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
=( (1.541 + 2.381) / 2 ) / 2.772*365
=1.961 / 2.772*365
=258.21

Alka 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
=( (0.95 + 0.95) / 2 ) / 0.512*365 / 4
=0.95 / 0.512*365 / 4
=169.31

* 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.


Alka Securities  (BOM:532166) 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.

Alka 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.

Alka 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.


Alka Securities Days Inventory Related Terms

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


Alka Securities (BOM:532166) Business Description

Traded in Other Exchanges
N/A
Address
Subhas Road, 109, Frist Floor, Esquare Premises Co-operative society limited, Vile Parle (East), Mumbai, MH, IND, 400057
Alka Securities Ltd is a financial services company. It is engaged in investment advisory, restructuring and venture capital. The company is principally involved in the wholesale debt market primarily in Government securities.

Alka Securities (BOM:532166) Headlines

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