Dynacons Systems & Solutions (NSE:DSSL) Inventory Turnover : 3.53 (As of Mar. 2024)

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What is Dynacons Systems & Solutions Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Dynacons Systems & Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,589 Mil. Dynacons Systems & Solutions's Average Total Inventories for the quarter that ended in Mar. 2024 was ₹734 Mil. Dynacons Systems & Solutions's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dynacons Systems & Solutions's Days Inventory for the three months ended in Mar. 2024 was 25.87.

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. Dynacons Systems & Solutions's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.26.

Dynacons Systems & Solutions Inventory Turnover Historical Data

The historical data trend for Dynacons Systems & Solutions's Inventory Turnover 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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Dynacons Systems & Solutions Inventory Turnover Chart

Dynacons Systems & Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Inventory Turnover

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23.96

16.05

10.84

13.72

16.99

Dynacons Systems & Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															5.57	7.43	9.19	9.52	3.53

Dynacons Systems & Solutions Inventory Turnover Calculation

Dynacons Systems & Solutions's Inventory Turnover for the fiscal year that ended in Mar. 2024 is calculated as

	Inventory Turnover (A: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2024 )	/ (	(Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )
=	9343.699	/ (	(366.338	+	733.886)	/	2 )
=	9343.699	/	550.112
=	16.99

Dynacons Systems & Solutions's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	2588.852	/ (	(0	+	733.886)	/	1 )
=	2588.852	/	733.886
=	3.53

Dynacons Systems & Solutions (NSE:DSSL) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Dynacons Systems & Solutions's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	733.886	/	2588.852	*	365 / 4
	=	25.87

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.

Dynacons Systems & Solutions's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	733.886	/	2821.617
	=	0.26

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Dynacons Systems & Solutions Inventory Turnover Related Terms

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Dynacons Systems & Solutions (NSE:DSSL) Business Description

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532365:India

Address

Subhash Road, 3rd Floor, A Wing, Sunteck Centre, Near Garware Chowk, Vile Parle East, Mumbai, MH, IND, 400 057

Website

https://www.dynacons.com

Dynacons Systems & Solutions Ltd is an India-based information technology (IT) company, which is engaged in providing end-to-end technology and technology-related services. The company operates in a single segment of System integration and services. The firm's offerings include a range of enterprise IT and office automation services, such as IT infrastructure managed services, break-fix Services, Managed Print Services, cloud computing, system integration services, and application development and maintenance. It undertakes various activities related to IT infrastructure, including infrastructure design and consulting services, turnkey systems integration of large network, and data center infrastructures. Geographically, it generates the majority of the revenue from India.

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