Days Inventory is also known as Days Sales of Inventory (DSI). Zee Learn's Average Total Inventories for the
three
months ended in Mar. 2024 was ₹272 Mil. Zee Learn's Cost of Goods Sold for the
three
months ended in Mar. 2024 was ₹476 Mil.
Hence, Zee Learn's Days Inventory for the
three
months ended in Mar. 2024 was 52.18.
The historical rank and industry rank for Zee Learn's Days Inventory or its related term are showing as below:
NSE:ZEELEARN'
s Days Inventory Range Over the Past 10 Years
Min: 28.17 Med: 70.97 Max: 247.2
Current: 48.78
During the past 13 years, Zee Learn's highest Days Inventory was 247.20. The lowest was 28.17. And the median was 70.97.
NSE:ZEELEARN's Days Inventory is ranked worse than 82.39% of 159
companies
in the Education industry
Industry Median: 8.13
vs NSE:ZEELEARN: 48.78
Zee Learn's Days Inventory
increased
from Mar. 2023 (33.41) to Mar. 2024 (52.18).
It might indicate that Zee Learn'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.
Zee Learn's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.75.
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.
Zee Learn's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.23.
Zee Learn Days Inventory Historical Data
The historical data trend for Zee Learn'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.
Competitive Comparison of Zee Learn's Days Inventory
For the Education & Training Services subindustry, Zee Learn'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.
Zee Learn's Days Inventory Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, Zee Learn's Days Inventory distribution charts can be found below:
* The bar in red indicates where Zee Learn's Days Inventory falls into.
Zee Learn Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Zee Learn's Days Inventory for the fiscal year that ended in Mar. 2024 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.
Zee Learn (NSE:ZEELEARN) 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.
Zee Learn's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Zee Learn's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Zee Learn Days Inventory Related Terms
Thank you for viewing the detailed overview of Zee Learn's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Zee Learn Ltd is engaged in the provision of educational services in India. The firm delivers learning solutions and training through its multiple products Kidzee, Mount Litera Zee Schools, Mount Litera World Preschool, Zee Institute of Media Arts (ZIMA), Zee Institute of Creative Arts (ZICA) and E-Learning Online Education and Testing. It operates through the Educational, Construction and Leasing for education and Training Manpower and related activities. The Educational segment provides learning solutions and delivers training. The Construction and Leasing segment consists of constructing and leasing properties for commercial use. The firm generates maximum revenue from its Educational segment.
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