VL E-Governance & IT Solutions (BOM:543958) Days Inventory : 0.00 (As of Mar. 2024)

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What is VL E-Governance & IT Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VL E-Governance & IT Solutions's Average Total Inventories for the three months ended in Mar. 2024 was ₹0.0 Mil. VL E-Governance & IT Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2.3 Mil. Hence, VL E-Governance & IT Solutions's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for VL E-Governance & IT Solutions's Days Inventory or its related term are showing as below:

BOM:543958's Days Inventory is not ranked ^*
in the Transportation industry.
Industry Median: 11.57
* Ranked among companies with meaningful Days Inventory only.

VL E-Governance & IT Solutions's Days Inventory stayed the same from Dec. 2022 (0.00) to Mar. 2024 (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.

VL E-Governance & IT Solutions Days Inventory Historical Data

The historical data trend for VL E-Governance & IT 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.

* Premium members only.

VL E-Governance & IT Solutions Days Inventory Chart

VL E-Governance & IT Solutions Annual Data

Trend

Mar23

Mar24

Days Inventory

VL E-Governance & IT Solutions Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of VL E-Governance & IT Solutions's Days Inventory

For the Integrated Freight & Logistics subindustry, VL E-Governance & IT 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.

VL E-Governance & IT Solutions's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, VL E-Governance & IT Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where VL E-Governance & IT Solutions's Days Inventory falls into.

VL E-Governance & IT Solutions Days Inventory Calculation

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

VL E-Governance & IT Solutions'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 )	/	244.394	*	365
=	0					/	244.394	*	365
=	0.00

VL E-Governance & IT Solutions's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.319	*	365 / 4
=	0					/	2.319	*	365 / 4
=	0.00

VL E-Governance & IT Solutions (BOM:543958) 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.

VL E-Governance & IT Solutions's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.319	/	0
	=

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.

VL E-Governance & IT Solutions's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

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.

VL E-Governance & IT Solutions Days Inventory Related Terms

Thank you for viewing the detailed overview of VL E-Governance & IT Solutions's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

VL E-Governance & IT Solutions (BOM:543958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » VL E-Governance & IT Solutions Ltd (BOM:543958) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

VLEGOV:India

Address

Road No. 16, Plot No. 93, Vakrangee Corporate House, M.I.D.C Marol, Andheri East, Mumbai, MH, IND, 400093

Website

VL E Governance and IT Solutions Pvt Ltd is engaged in providing last-mile delivery services of parcels on behalf of e-commerce entities and courier booking services. The Company serves in Local, State and National markets only and hence there are no exports.

VL E-Governance & IT Solutions (BOM:543958) Headlines

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