NDA Securities (BOM:511535) Days Inventory : 1.22 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is NDA Securities Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NDA Securities's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.10 Mil. NDA Securities's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹7.69 Mil. Hence, NDA Securities's Days Inventory for the three months ended in Dec. 2023 was 1.22.

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

BOM:511535' s Days Inventory Range Over the Past 10 Years
Min: 0.31 Med: 6.47 Max: 5804.22
Current: 0.81

During the past 13 years, NDA Securities's highest Days Inventory was 5804.22. The lowest was 0.31. And the median was 6.47.

BOM:511535's Days Inventory is ranked better than
90.41% of 219 companies
in the Capital Markets industry
Industry Median: 62.62 vs BOM:511535: 0.81

NDA Securities's Days Inventory increased from Dec. 2022 (0.66) to Dec. 2023 (1.22). It might indicate that NDA Securities's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NDA Securities's Inventory Turnover for the three months ended in Dec. 2023 was 74.66.

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. NDA Securities's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.

NDA Securities Days Inventory Historical Data

The historical data trend for NDA 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.

NDA Securities Days Inventory Chart

NDA Securities Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

6.47

2.70

2.80

0.31

0.56

NDA 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															0.66	0.47	0.60	1.23	1.22

Competitive Comparison of NDA Securities's Days Inventory

For the Capital Markets subindustry, NDA 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.

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

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

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

NDA Securities Days Inventory Calculation

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

NDA 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
=	( (0.05	+	0.038)	/	2 )	/	28.429	*	365
=	0.044					/	28.429	*	365
=	0.56

NDA 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
=	( (0.103	+	0)	/	1 )	/	7.69	*	365 / 4
=	0.103					/	7.69	*	365 / 4
=	1.22

NDA Securities (BOM:511535) 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.

NDA Securities's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.69	/	0.103
	=	74.66

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.

NDA Securities's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.103	/	16.988
	=	0.01

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.

NDA Securities Days Inventory Related Terms

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

NDA Securities (BOM:511535) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » NDA Securities Ltd (BOM:511535) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

E-157, Second Floor, Kalkaji, New Delhi, IND, 110019

Website

https://www.ndaindia.com

NDA Securities Ltd is engaged in various financial services. The company provides various stockbroking services in the equity capital market, future and options market, commodity markets, currency derivative market, and depository participants. The company is engaged in the brokerage of financial products e.g. Stock Brokerage, Mutual Funds depository Services, and investment-related activities such as investment in subsidiaries and investment in Mutual Funds. The company receives revenue from the sale of shares and mutual fund commissions, and brokerage on the sale of securities. Geographically, the company offers its services only to the Indian market region.

NDA Securities (BOM:511535) Headlines

No Headlines