Pro Fin Capital Services (BOM:511557) Days Inventory : 53.71 (As of Dec. 2023)

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What is Pro Fin Capital Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pro Fin Capital Services's Average Total Inventories for the three months ended in Dec. 2023 was ₹25.8 Mil. Pro Fin Capital Services's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹43.8 Mil. Hence, Pro Fin Capital Services's Days Inventory for the three months ended in Dec. 2023 was 53.71.

The historical rank and industry rank for Pro Fin Capital Services's Days Inventory or its related term are showing as below:

During the past 13 years, Pro Fin Capital Services's highest Days Inventory was 250.21. The lowest was 5.80. And the median was 105.07.

BOM:511557's Days Inventory is not ranked ^*
in the Capital Markets industry.
Industry Median: 66.99
* Ranked among companies with meaningful Days Inventory only.

Pro Fin Capital Services's Days Inventory increased from Dec. 2022 (35.19) to Dec. 2023 (53.71). It might indicate that Pro Fin Capital Services'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. Pro Fin Capital Services's Inventory Turnover for the three months ended in Dec. 2023 was 1.70.

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. Pro Fin Capital Services's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.45.

Pro Fin Capital Services Days Inventory Historical Data

The historical data trend for Pro Fin Capital Services'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.

Pro Fin Capital Services Days Inventory Chart

Pro Fin Capital Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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12.76

144.95

201.09

105.07

209.70

Pro Fin Capital Services 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															35.19	-	1,537.99	1,526.01	53.71

Competitive Comparison of Pro Fin Capital Services's Days Inventory

For the Capital Markets subindustry, Pro Fin Capital Services'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.

Pro Fin Capital Services's Days Inventory Distribution in the Capital Markets Industry

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

* The bar in red indicates where Pro Fin Capital Services's Days Inventory falls into.

Pro Fin Capital Services Days Inventory Calculation

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

Pro Fin Capital Services'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
=	( (21.777	+	25.754)	/	2 )	/	41.365	*	365
=	23.7655					/	41.365	*	365
=	209.70

Pro Fin Capital Services'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
=	( (25.754	+	0)	/	1 )	/	43.751	*	365 / 4
=	25.754					/	43.751	*	365 / 4
=	53.71

Pro Fin Capital Services (BOM:511557) 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.

Pro Fin Capital Services's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	43.751	/	25.754
	=	1.70

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.

Pro Fin Capital Services's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	25.754	/	56.97
	=	0.45

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.

Pro Fin Capital Services Days Inventory Related Terms

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

Pro Fin Capital Services (BOM:511557) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Pro Fin Capital Services Ltd (BOM:511557) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Western Express Highway, B-503, Western Edge 2, Borivali (East), Mumbai, MH, IND, 400066

Website

https://www.profincapital.co.in

Pro Fin Capital Services Ltd is a non-banking finance company. It provides financial services and solutions such as trading, currency derivatives, commodities, and depository services. The company offers services on the both National Stock Exchange and Bombay Stock Exchange platforms. Geographically all the business activities functioned through the regions of India. Revenue is generated from the sale of shares, processing charges, and interest received. The majority of the revenue is generated from the interest that is received.

Pro Fin Capital Services (BOM:511557) Headlines

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