Birla Shloka Edutech (LUX:BIRSK) Days Inventory : 1,882.94 (As of Mar. 2016)

View and export this data going back to . Start your Free Trial

What is Birla Shloka Edutech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Birla Shloka Edutech's Average Total Inventories for the six months ended in Mar. 2016 was $1.63 Mil. Birla Shloka Edutech's Cost of Goods Sold for the six months ended in Mar. 2016 was $0.32 Mil. Hence, Birla Shloka Edutech's Days Inventory for the six months ended in Mar. 2016 was 941.47.

The historical rank and industry rank for Birla Shloka Edutech's Days Inventory or its related term are showing as below:

LUX:BIRSK' s Days Inventory Range Over the Past 10 Years
Min: 0.75 Med: 9.37 Max: 5495.62
Current: 5

During the past 9 years, Birla Shloka Edutech's highest Days Inventory was 5495.62. The lowest was 0.75. And the median was 9.37.

LUX:BIRSK's Days Inventory is not ranked
in the Education industry.
Industry Median: 8.275 vs LUX:BIRSK: 5.00

Birla Shloka Edutech's Days Inventory increased from Mar. 2014 (68.06) to Mar. 2016 (1,882.94). It might indicate that Birla Shloka Edutech's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Birla Shloka Edutech's Inventory Turnover for the six months ended in Mar. 2016 was 0.19.

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. Birla Shloka Edutech's Inventory-to-Revenue for the six months ended in Mar. 2016 was 14.64.

Birla Shloka Edutech Days Inventory Historical Data

The historical data trend for Birla Shloka Edutech'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.

Birla Shloka Edutech Days Inventory Chart

Birla Shloka Edutech Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Days Inventory

Get a 7-Day Free Trial

13.70

16.99

68.06

1,299.26

1,882.94

Birla Shloka Edutech Semi-Annual Data
	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16
Days Inventory	Get a 7-Day Free Trial				13.70	16.99	68.06	1,299.26	1,882.94

Competitive Comparison of Birla Shloka Edutech's Days Inventory

For the Education & Training Services subindustry, Birla Shloka Edutech'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.

Birla Shloka Edutech's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Birla Shloka Edutech's Days Inventory distribution charts can be found below:

* The bar in red indicates where Birla Shloka Edutech's Days Inventory falls into.

Birla Shloka Edutech Days Inventory Calculation

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

Birla Shloka Edutech's Days Inventory for the fiscal year that ended in Mar. 2016 is calculated as

	Days Inventory (A: Mar. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2015 )	+	Total Inventories (A: Mar. 2016 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2016 )	*	Days in Period
=	( (1.68	+	1.57)	/	2 )	/	0.315	*	365
=	1.625					/	0.315	*	365
=	1,882.94

Birla Shloka Edutech's Days Inventory for the quarter that ended in Mar. 2016 is calculated as:

	Days Inventory (Q: Mar. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2015 )	+	Total Inventories (Q: Mar. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2016 )	*	Days in Period
=	( (1.68	+	1.57)	/	2 )	/	0.315	*	365 / 2
=	1.625					/	0.315	*	365 / 2
=	941.47

Birla Shloka Edutech (LUX:BIRSK) 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.

Birla Shloka Edutech's Inventory Turnover for the six months ended in Mar. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.315	/	1.625
	=	0.19

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.

Birla Shloka Edutech's Inventory to Revenue for the six months ended in Mar. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.625	/	0.111
	=	14.64

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.

Birla Shloka Edutech Days Inventory Related Terms

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

Birla Shloka Edutech (LUX:BIRSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Birla Shloka Edutech Ltd (LUX:BIRSK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.birlashloka.com

Birla Shloka Edutech Ltd is engaged in providing information technology services and sale of information technology products and has a curriculum based educational software programme "XL@School " as per the syllabus prescribed by the different educational board that is designed to impart academic knowledge through electronic media. This includes setting up of computer labs, digital classroom solutions and audiovisual. The company's products and services include ICT Solutions, Training, Assessment and Evaluation, and Product Demo. Its training includes personality development, spoken English and communication, disaster management, skill-based training and vocational training for students.

Birla Shloka Edutech (LUX:BIRSK) Headlines

No Headlines