In this month, we have improved our working around a few of our existing features.
Performance Enhancements: - Improved calculation of trade payable days in cases where material cost was a very low and fixed formula for cash conversion cycle where trade payables were very low. - Improved detection of quarterly result PDF in announcements -Improving classification of announcements to enhance user feeds. - Improved search results for companies. This will produce the most appropriate and speedy results and can handle partial words better.
New Ratio - Added a New ratio for Public shareholding, which shows the Public Shareholding% of a company as per the latest filings.
Upcoming Feature update: Currently, We update the Current price before 7 PM. Now, we are working on providing the live prices of the stocks with 15 Minute delayed data from the stock exchange.
We focused a lot on the performance and automation during the month of August.
Bug fixes and improvements - Added tools to process key points more quickly. Enhanced the editorial process to add more insightful key points.
- Improved automation around the CGST, SGST, and IGST billing. - Added new email servers for faster and more reliable email deliveries. - Updated the backend libraries (Django 3) for more security and faster developments.
Minor updates - The latest results page now shows an indicator for "standalone numbers" where the standalone results are shown. - Improved import to watchlist functionality to support more formats.
Trends and changes in working capital days are powerful indicators of the working capital efficiency of companies.
We added 3 new rows for "Debtor days", "Inventory Days" and "Days Payable" in the ratios table.Added working capital efficiency ratiosThe inventory days and days payable are calculated on the material cost (cost of goods sold).
We used to show data for new listings after the companies got listed on exchanges. We have now improved upon this workflow. Now the data for new listings starts showing as soon as the IPO gets opened for subscription. Financial results of Zomato
We have added a tab for equity history on the company balance sheets. It provides the details of changes in equity including: - details of the conversion of warrants - preferential allotments - buy-backs and the prices of buy-back - details of shares issued in mergers and demergers - other corporate actions such as splits and bonuses
These details are now available with a click. These save a lot of time in understanding various changes in a company's equity. See equity history of the companies
The history of insider trades is often helpful in getting clues of promoter (or key managerial person's) actions. These are often helpful in cases where promoter holding is increasing.