Silicon Rental Solutions (BOM:543615) Days Inventory : 29.18 (As of Sep. 2023)

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What is Silicon Rental Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Silicon Rental Solutions's Average Total Inventories for the six months ended in Sep. 2023 was ₹5.6 Mil. Silicon Rental Solutions's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹35.1 Mil. Hence, Silicon Rental Solutions's Days Inventory for the six months ended in Sep. 2023 was 29.18.

The historical rank and industry rank for Silicon Rental Solutions's Days Inventory or its related term are showing as below:

BOM:543615' s Days Inventory Range Over the Past 10 Years
Min: 5.82 Med: 6.32 Max: 33.47
Current: 33.47

During the past 7 years, Silicon Rental Solutions's highest Days Inventory was 33.47. The lowest was 5.82. And the median was 6.32.

BOM:543615's Days Inventory is ranked worse than
60.6% of 1561 companies
in the Software industry
Industry Median: 19.5 vs BOM:543615: 33.47

Silicon Rental Solutions's Days Inventory increased from Sep. 2022 (0.00) to Sep. 2023 (29.18). It might indicate that Silicon Rental Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Silicon Rental Solutions's Inventory Turnover for the six months ended in Sep. 2023 was 6.25.

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. Silicon Rental Solutions's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.02.

Silicon Rental Solutions Days Inventory Historical Data

The historical data trend for Silicon Rental Solutions'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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Silicon Rental Solutions Days Inventory Chart

Silicon Rental Solutions Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

5.82

Silicon Rental Solutions Semi-Annual Data
	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial				-	-	-	-	29.18

Competitive Comparison of Silicon Rental Solutions's Days Inventory

For the Information Technology Services subindustry, Silicon Rental Solutions'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.

Silicon Rental Solutions's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Silicon Rental Solutions's Days Inventory falls into.

Silicon Rental Solutions Days Inventory Calculation

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

Silicon Rental Solutions'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
=	( (0	+	0)	/	1 )	/	30.348	*	365
=	0					/	30.348	*	365
=	0.00

Silicon Rental Solutions'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	+	5.614)	/	1 )	/	35.112	*	365 / 2
=	5.614					/	35.112	*	365 / 2
=	29.18

Silicon Rental Solutions (BOM:543615) 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.

Silicon Rental Solutions's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	35.112	/	5.614
	=	6.25

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.

Silicon Rental Solutions's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.614	/	241.433
	=	0.02

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.

Silicon Rental Solutions Days Inventory Related Terms

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

Silicon Rental Solutions (BOM:543615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Silicon Rental Solutions Ltd (BOM:543615) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 579/580, 5th Road, 5, Mohini Heights, Ground Floor, Khar (West), Mumbai, MH, IND, 400052

Website

https://www.silicongroup1.com

Silicon Rental Solutions Ltd is an IT equipment outsourcing company. It is engaged in providing end-to-end IT equipment on a rental and returnable basis in India. It provides laptops, desktops, printers, servers, and other peripherals like CCTV cameras, projectors, storage devices, etc., mainly to small, medium, and large corporate.

Silicon Rental Solutions (BOM:543615) Headlines

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