Ascom Leasing & Investments (NSE:ASCOM) Days Inventory : 0.00 (As of Mar. 2023)

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What is Ascom Leasing & Investments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ascom Leasing & Investments's Average Total Inventories for the six months ended in Mar. 2023 was ₹0.0 Mil. Ascom Leasing & Investments's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹18.6 Mil. Hence, Ascom Leasing & Investments's Days Inventory for the six months ended in Mar. 2023 was 0.00.

The historical rank and industry rank for Ascom Leasing & Investments's Days Inventory or its related term are showing as below:

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

Ascom Leasing & Investments's Days Inventory stayed the same from Mar. 2021 (0.00) to Mar. 2023 (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. Ascom Leasing & Investments's Inventory-to-Revenue for the six months ended in Mar. 2023 was 0.00.

Ascom Leasing & Investments Days Inventory Historical Data

The historical data trend for Ascom Leasing & Investments'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.

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Ascom Leasing & Investments Days Inventory Chart

Ascom Leasing & Investments Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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Ascom Leasing & Investments Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Ascom Leasing & Investments's Days Inventory

For the Credit Services subindustry, Ascom Leasing & Investments'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.

Ascom Leasing & Investments's Days Inventory Distribution in the Credit Services Industry

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

* The bar in red indicates where Ascom Leasing & Investments's Days Inventory falls into.

Ascom Leasing & Investments Days Inventory Calculation

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

Ascom Leasing & Investments'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	+	0)	/	1 )	/	18.567	*	365
=	0					/	18.567	*	365
=	0.00

Ascom Leasing & Investments's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	18.567	*	365 / 2
=	0					/	18.567	*	365 / 2
=	0.00

Ascom Leasing & Investments (NSE:ASCOM) 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.

Ascom Leasing & Investments's Inventory Turnover for the six months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18.567	/	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.

Ascom Leasing & Investments's Inventory to Revenue for the six months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	120.28
	=	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.

Ascom Leasing & Investments Days Inventory Related Terms

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

Ascom Leasing & Investments (NSE:ASCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ascom Leasing & Investments Ltd (NSE:ASCOM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Manibha Park, Surat, GJ, IND, 395007

Website

https://www.ascomfinance.com

Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

Ascom Leasing & Investments (NSE:ASCOM) Headlines

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