Mangal Credit & Fincorp (BOM:505850) Days Inventory : 0.00 (As of Mar. 2024)

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What is Mangal Credit & Fincorp Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mangal Credit & Fincorp's Average Total Inventories for the three months ended in Mar. 2024 was ₹0.0 Mil. Mangal Credit & Fincorp's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹43.0 Mil. Hence, Mangal Credit & Fincorp's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Mangal Credit & Fincorp's Days Inventory or its related term are showing as below:

During the past 13 years, Mangal Credit & Fincorp's highest Days Inventory was 180.10. The lowest was 134.71. And the median was 165.01.

BOM:505850's Days Inventory is not ranked ^*
in the Credit Services industry.
Industry Median: 43.015
* Ranked among companies with meaningful Days Inventory only.

Mangal Credit & Fincorp's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (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. Mangal Credit & Fincorp's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Mangal Credit & Fincorp Days Inventory Historical Data

The historical data trend for Mangal Credit & Fincorp'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.

Mangal Credit & Fincorp Days Inventory Chart

Mangal Credit & Fincorp Annual Data

Trend

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Mar24

Days Inventory

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Mangal Credit & Fincorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Mangal Credit & Fincorp's Days Inventory

For the Credit Services subindustry, Mangal Credit & Fincorp'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.

Mangal Credit & Fincorp's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mangal Credit & Fincorp's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mangal Credit & Fincorp's Days Inventory falls into.

Mangal Credit & Fincorp Days Inventory Calculation

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

Mangal Credit & Fincorp's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	146.542	*	365
=	0					/	146.542	*	365
=	0.00

Mangal Credit & Fincorp's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	42.957	*	365 / 4
=	0					/	42.957	*	365 / 4
=	0.00

Mangal Credit & Fincorp (BOM:505850) 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.

Mangal Credit & Fincorp's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	42.957	/	0
	=

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.

Mangal Credit & Fincorp's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	95.238
	=	0.00

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.

Mangal Credit & Fincorp Days Inventory Related Terms

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

Mangal Credit & Fincorp (BOM:505850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mangal Credit & Fincorp Ltd (BOM:505850) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Ram Mandir Road, Office No-1701/1702, 17th Floor, A-Wing, Lotus Corporate Park, Western Express Highway, Goregaon (East), Mumbai, MH, IND, 400063

Website

https://www.mangalfincorp.com

Mangal Credit & Fincorp Ltd is a non-banking financial company. The company offers services, including loans and credit facilities, private educational funding, and trade-in money market underwriting stocks and shares. Its products include Gold loans, Personal loans, and SME(small and medium enterprises) loans. Geographically all the operations function through the regions of India.

Mangal Credit & Fincorp (BOM:505850) Headlines

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