Globesecure Technologies (NSE:GSTL) Change In Inventory : ₹47.6 Mil (TTM As of Sep. 2023)

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What is Globesecure Technologies Change In Inventory?

Globesecure Technologies's change in inventory for the quarter that ended in Sep. 2023 was ₹47.6 Mil. It means Globesecure Technologies's inventory declined by ₹47.6 Mil from Mar. 2023 to Sep. 2023 .

Globesecure Technologies's change in inventory for the fiscal year that ended in Mar. 2023 was ₹-83.3 Mil. It means Globesecure Technologies's inventory increased by ₹83.3 Mil from Mar. 2022 to Mar. 2023 .

Globesecure Technologies's Total Inventories for the quarter that ended in Sep. 2023 was ₹102.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Globesecure Technologies's Days Inventory for the quarter that ended in Sep. 2023 was 298.15.

Inventory Turnover measures how fast the company turns over its inventory within a year. Globesecure Technologies's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.61.

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. Globesecure Technologies's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.26.

Globesecure Technologies Change In Inventory Historical Data

The historical data trend for Globesecure Technologies'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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Globesecure Technologies Change In Inventory Chart

Globesecure Technologies Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

-27.01

-20.70

-0.70

-18.84

-83.28

Globesecure Technologies Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Inventory	Get a 7-Day Free Trial			17.89	-36.73	-83.28	-	47.62

Globesecure Technologies 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 ₹47.6 Mil.

Globesecure Technologies (NSE:GSTL) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	126.731	/	77.573	*	365 / 2
	=	298.15

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	77.573	/	126.731
	=	0.61

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	126.731	/	100.517
	=	1.26

Globesecure Technologies Change In Inventory Related Terms

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Globesecure Technologies (NSE:GSTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Globesecure Technologies Ltd (NSE:GSTL) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

B-614, 215 Atrium, Kanakia Spacs, Near Courtyard Marriott Hotel, Andheri (East), Mumbai, MH, IND, 400069

Website

https://www.globesecure.in

Globesecure Technologies Ltd is a digital transformation company in India that offers cyber security services. The company's business line is classified into three divisions namely Cyber Security, Integrated Enterprise Solutions, and Managed Services including cyber forensics, cyber security, data security services, protection of computer networks, Email security, server consolidation and transformation, hosting, infrastructure-as-a-service, cloud-based big data and analytics solution, application modernization and others. The company generates its revenue from Sales of IT and IT-enabled services.

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