Wipro (WIT) Change In Inventory

: $4 Mil (TTM As of Sep. 2023)

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Wipro's change in inventory for the quarter that ended in Sep. 2023 was $0 Mil. It means Wipro's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Wipro's change in inventory for the fiscal year that ended in Mar. 2023 was $2 Mil. It means Wipro's inventory declined by $2 Mil from Mar. 2022 to Mar. 2023 .

Wipro's Total Inventories for the quarter that ended in Sep. 2023 was $15 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wipro's Days Inventory for the quarter that ended in Sep. 2023 was 0.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wipro's Inventory Turnover for the quarter that ended in Sep. 2023 was 119.24.

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. Wipro's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.01.

Wipro Change In Inventory Historical Data

The historical data trend for Wipro's Change In 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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Wipro Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

-8.15

27.97

11.03

-3.36

1.97

Wipro Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory																-4.08	-0.02	10.07	-2.21	-

Wipro Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4 Mil.

Wipro (NYSE:WIT) Change In Inventory Explanation

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

Wipro's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	16.0715	/	1916.348	*	365 / 4
	=	0.77

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Wipro's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1916.348	/	16.0715
	=	119.24

3. 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.

Wipro's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	16.0715	/	2710.473
	=	0.01

Wipro Change In Inventory Related Terms

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Wipro (WIT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

WIPRO:India 507685:India WIOA:Germany WIOA:Germany WIOA:Austria

Address

Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560 035

Website

https://www.wipro.com

Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.