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TCFC Finance (BOM:532284) Days Inventory : 37,615.81 (As of Dec. 2023)


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What is TCFC Finance Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TCFC Finance's Average Total Inventories for the three months ended in Dec. 2023 was ₹826.11 Mil. TCFC Finance's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹2.00 Mil. Hence, TCFC Finance's Days Inventory for the three months ended in Dec. 2023 was 37,615.81.

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

BOM:532284' s Days Inventory Range Over the Past 10 Years
Min: 113.85   Med: 21464.77   Max: 49851.84
Current: 44775.79

During the past 13 years, TCFC Finance's highest Days Inventory was 49851.84. The lowest was 113.85. And the median was 21464.77.

BOM:532284's Days Inventory is ranked worse than
97.71% of 218 companies
in the Capital Markets industry
Industry Median: 62.495 vs BOM:532284: 44775.79

TCFC Finance's Days Inventory declined from Dec. 2022 (44,734.69) to Dec. 2023 (37,615.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. TCFC Finance's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.

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. TCFC Finance's Inventory-to-Revenue for the three months ended in Dec. 2023 was 126.43.


TCFC Finance Days Inventory Historical Data

The historical data trend for TCFC Finance'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.

TCFC Finance Days Inventory Chart

TCFC Finance 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 47,131.51 42,522.10 44,706.59 49,851.84 47,708.36

TCFC Finance 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 44,734.69 84,438.67 32,489.87 39,549.89 37,615.81

Competitive Comparison of TCFC Finance's Days Inventory

For the Capital Markets subindustry, TCFC Finance'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.


TCFC Finance's Days Inventory Distribution in the Capital Markets Industry

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

* The bar in red indicates where TCFC Finance's Days Inventory falls into.



TCFC Finance Days Inventory Calculation

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

TCFC Finance'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
=( (918.599 + 687.539) / 2 ) / 6.144*365
=803.069 / 6.144*365
=47,708.36

TCFC Finance'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
=( (826.105 + 0) / 1 ) / 2.004*365 / 4
=826.105 / 2.004*365 / 4
=37,615.81

* 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.


TCFC Finance  (BOM:532284) 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.

TCFC Finance'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.

TCFC Finance'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.


TCFC Finance Days Inventory Related Terms

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


TCFC Finance (BOM:532284) Business Description

Traded in Other Exchanges
N/A
Address
Free Press Journal Marg, 501-502, Raheja Chambers, Nariman Point, Mumbai, MH, IND, 400021
TCFC Finance Ltd is an India-based non-banking financial company. The company is engaged in the business of finance and investments and trading in equity shares, mutual funds, and securities. The company generates revenue from interest and dividend income.

TCFC Finance (BOM:532284) Headlines

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