Tera Software (BOM:533982) Days Inventory : 0.92 (As of Dec. 2023)

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What is Tera Software Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tera Software's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.5 Mil. Tera Software's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹47.0 Mil. Hence, Tera Software's Days Inventory for the three months ended in Dec. 2023 was 0.92.

The historical rank and industry rank for Tera Software's Days Inventory or its related term are showing as below:

BOM:533982' s Days Inventory Range Over the Past 10 Years
Min: 13.32 Med: 35.31 Max: 85.56
Current: 24.49

During the past 13 years, Tera Software's highest Days Inventory was 85.56. The lowest was 13.32. And the median was 35.31.

BOM:533982's Days Inventory is ranked worse than
54.64% of 1561 companies
in the Software industry
Industry Median: 19.5 vs BOM:533982: 24.49

Tera Software's Days Inventory declined from Sep. 2022 (48.19) to Dec. 2023 (0.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tera Software's Inventory Turnover for the three months ended in Dec. 2023 was 99.61.

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. Tera Software's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Tera Software Days Inventory Historical Data

The historical data trend for Tera Software'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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Tera Software Days Inventory Chart

Tera Software Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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36.42

66.09

56.30

76.20

28.13

Tera Software Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															48.19	32.63	3.73	1.65	0.92

Competitive Comparison of Tera Software's Days Inventory

For the Information Technology Services subindustry, Tera Software'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.

Tera Software's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Tera Software's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tera Software's Days Inventory falls into.

Tera Software Days Inventory Calculation

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

Tera Software'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
=	( (27.399	+	1.228)	/	2 )	/	185.694	*	365
=	14.3135					/	185.694	*	365
=	28.13

Tera Software's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.472	+	0)	/	1 )	/	47.015	*	365 / 4
=	0.472					/	47.015	*	365 / 4
=	0.92

Tera Software (BOM:533982) 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.

Tera Software's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	47.015	/	0.472
	=	99.61

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.

Tera Software's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.472	/	207.321
	=	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.

Tera Software Days Inventory Related Terms

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

Tera Software (BOM:533982) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tera Software Ltd (BOM:533982) » Definitions » Days Inventory

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TERASOFT:India

Address

Plot No: 1107, Road No: 55, No. 8-2-293/82/A/1107, Jubilee Hills, Hyderabad, TG, IND, 500033

Website

https://www.terasoftware.com

Tera Software Ltd is engaged in providing IT & Integrated related services. Its segments include Integrated Solutions, Technical Division, Projects Division, Software Development Services to customers globally operating and Others. The firm offers its services in various categories, such as system integration and networking, software development and consultancy, and e-governance. The company serves various industries, including energy and utilities; education; banking and financial services; communications, and consumer goods. The firm's operations are carried out in India.

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