GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » WSFX Global Pay Ltd (BOM:511147) » Definitions » Days Inventory

WSFX Global Pay (BOM:511147) Days Inventory : 15.43 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is WSFX Global Pay Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). WSFX Global Pay's Average Total Inventories for the three months ended in Mar. 2024 was ₹24.9 Mil. WSFX Global Pay's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹147.5 Mil. Hence, WSFX Global Pay's Days Inventory for the three months ended in Mar. 2024 was 15.43.

The historical rank and industry rank for WSFX Global Pay's Days Inventory or its related term are showing as below:

BOM:511147' s Days Inventory Range Over the Past 10 Years
Min: 0.12   Med: 1.83   Max: 195.48
Current: 14.9

During the past 13 years, WSFX Global Pay's highest Days Inventory was 195.48. The lowest was 0.12. And the median was 1.83.

BOM:511147's Days Inventory is ranked better than
69.72% of 218 companies
in the Capital Markets industry
Industry Median: 62.495 vs BOM:511147: 14.90

WSFX Global Pay's Days Inventory declined from Mar. 2023 (19.02) to Mar. 2024 (15.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. WSFX Global Pay's Inventory Turnover for the three months ended in Mar. 2024 was 5.91.

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. WSFX Global Pay's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.14.


WSFX Global Pay Days Inventory Historical Data

The historical data trend for WSFX Global Pay'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.

WSFX Global Pay Days Inventory Chart

WSFX Global Pay Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.45 0.12 13.82 14.98

WSFX Global Pay 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 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 19.02 18.71 12.19 14.66 15.43

Competitive Comparison of WSFX Global Pay's Days Inventory

For the Capital Markets subindustry, WSFX Global Pay'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.


WSFX Global Pay's Days Inventory Distribution in the Capital Markets Industry

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

* The bar in red indicates where WSFX Global Pay's Days Inventory falls into.



WSFX Global Pay Days Inventory Calculation

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

WSFX Global Pay'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
=( (20.839 + 24.944) / 2 ) / 557.843*365
=22.8915 / 557.843*365
=14.98

WSFX Global Pay'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 + 24.944) / 1 ) / 147.474*365 / 4
=24.944 / 147.474*365 / 4
=15.43

* 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.


WSFX Global Pay  (BOM:511147) 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.

WSFX Global Pay's Inventory Turnover for the three months ended in Mar. 2024 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.

WSFX Global Pay's Inventory to Revenue for the three months ended in Mar. 2024 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.


WSFX Global Pay Days Inventory Related Terms

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


WSFX Global Pay (BOM:511147) Business Description

Traded in Other Exchanges
N/A
Address
Unit 622, M.V. Road, 6th Floor, The Summit Business Bay - Omkar Prakash Wadi, Opposite PVR Cinema, Chakala, Andheri (East), Mumbai, MH, IND, 400093
WSFX Global Pay Ltd is a financial service company in India. It is an RBI licensed, Authorized Dealer Category II foreign exchange house. The company is engaged in the foreign currency business and money transfer business. The segments of the company for forex are Wholesale, Student, Retail, Corporate, and Remittance. It offers products such as Currency Notes, Forex Prepaid Cards, Travellers Cheque, Outward Remittances, Travel Insurance, Smart Currency Card, and Student Identity Card.

WSFX Global Pay (BOM:511147) Headlines

No Headlines