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NINtec Systems (BOM:539843) Days Inventory : 0.00 (As of Sep. 2023)


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What is NINtec Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NINtec Systems's Average Total Inventories for the six months ended in Sep. 2023 was ₹0.0 Mil. NINtec Systems's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹160.7 Mil. Hence, NINtec Systems's Days Inventory for the six months ended in Sep. 2023 was 0.00.

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

BOM:539843's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.085
* Ranked among companies with meaningful Days Inventory only.

NINtec Systems's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

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

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. NINtec Systems's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.


NINtec Systems Days Inventory Historical Data

The historical data trend for NINtec Systems'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.

* Premium members only.

NINtec Systems Days Inventory Chart

NINtec Systems Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
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NINtec Systems Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of NINtec Systems's Days Inventory

For the Information Technology Services subindustry, NINtec Systems'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.


NINtec Systems's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where NINtec Systems's Days Inventory falls into.



NINtec Systems Days Inventory Calculation

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

NINtec Systems's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 529.772*365
=0 / 529.772*365
=0.00

NINtec Systems's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 160.699*365 / 2
=0 / 160.699*365 / 2
=0.00

* 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.


NINtec Systems  (BOM:539843) 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.

NINtec Systems's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

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.

NINtec Systems's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

* 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.


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.


NINtec Systems Days Inventory Related Terms

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


NINtec Systems (BOM:539843) Business Description

Traded in Other Exchanges
Address
S.G. Highway, B-11, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054
NINtec Systems Ltd is an offshore software development services and solutions company. The firm is involved in computer programming, consultancy, and related activities. The company provides services like Application Development and Maintenance, Strategic Offshore Software Product Development, Legacy System Development and Software Migration, and Search Engine Optimization. The firm specializes in areas of Dot Net Development, Game Development, PHP Development, ERP Wireless, Mobile and WAP Development. The group has also integrated cloud services into its existing business platform. The company serves industries such as Automotive, Print media and Publishing, Banking, Financial Services, and Insurance, and Transportation and Logistics sector.

NINtec Systems (BOM:539843) Headlines

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