Ekennis Software Service (BOM:543475) Change In Inventory : ₹-1.01 Mil (TTM As of Sep. 2023)

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What is Ekennis Software Service Change In Inventory?

Ekennis Software Service's change in inventory for the quarter that ended in Sep. 2023 was ₹-0.47 Mil. It means Ekennis Software Service's inventory increased by ₹0.47 Mil from Mar. 2023 to Sep. 2023 .

Ekennis Software Service's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-1.80 Mil. It means Ekennis Software Service's inventory increased by ₹1.80 Mil from Mar. 2022 to Mar. 2023 .

Ekennis Software Service's Total Inventories for the quarter that ended in Sep. 2023 was ₹2.87 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ekennis Software Service's Days Inventory for the quarter that ended in Sep. 2023 was 70.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ekennis Software Service's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.60.

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. Ekennis Software Service's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.16.

Ekennis Software Service Change In Inventory Historical Data

The historical data trend for Ekennis Software Service'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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Ekennis Software Service Change In Inventory Chart

Ekennis Software Service Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Inventory

-0.31

-0.29

-1.80

Ekennis Software Service Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial			-	-	-1.27	-0.54	-0.47

Ekennis Software Service 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-1.01 Mil.

Ekennis Software Service (BOM:543475) Change In Inventory Explanation

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

Ekennis Software Service's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.636	/	6.863	*	365 / 2
	=	70.10

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.863	/	2.636
	=	2.60

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.636	/	16.936
	=	0.16

Ekennis Software Service Change In Inventory Related Terms

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Ekennis Software Service (BOM:543475) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ekennis Software Service Ltd (BOM:543475) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

No. 1&2 Second Floor, Neeladri Circle, Electronic City Phase-1, Dodathogur Village, Bangalore, KA, IND, 560100

Website

https://www.ekennis.com

Ekennis Software Service Ltd operates in the Information technology and Printing Industry. It is in the business of Software IT Solution and Consulting Services, IT Product / Software Development and Software Training, Enterprise Resource Planning solutions, Learning Management solutions, 3D Printing, Digital Printing and Packaging Design Management consultancy. The company generates majority of its revenue from Manpower Supply Services.

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