Sify Technologies (Sify Technologies) Days Inventory : 49.12 (As of Dec. 2023)

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What is Sify Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sify Technologies's Average Total Inventories for the three months ended in Dec. 2023 was $34.8 Mil. Sify Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $64.7 Mil. Hence, Sify Technologies's Days Inventory for the three months ended in Dec. 2023 was 49.12.

The historical rank and industry rank for Sify Technologies's Days Inventory or its related term are showing as below:

SIFY' s Days Inventory Range Over the Past 10 Years
Min: 10.37 Med: 30.83 Max: 52.13
Current: 52.13

During the past 13 years, Sify Technologies's highest Days Inventory was 52.13. The lowest was 10.37. And the median was 30.83.

SIFY's Days Inventory is ranked worse than
83.22% of 298 companies
in the Telecommunication Services industry
Industry Median: 19.215 vs SIFY: 52.13

Sify Technologies's Days Inventory declined from Sep. 2022 (58.56) to Dec. 2023 (49.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sify Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 1.86.

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. Sify Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.34.

Sify Technologies Days Inventory Historical Data

The historical data trend for Sify Technologies'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.

Sify Technologies Days Inventory Chart

Sify Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

Get a 7-Day Free Trial

39.92

33.35

44.22

38.76

31.96

Sify Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															52.06	31.01	40.21	49.12	-

Competitive Comparison of Sify Technologies's Days Inventory

For the Telecom Services subindustry, Sify Technologies'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.

Sify Technologies's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sify Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sify Technologies's Days Inventory falls into.

Sify Technologies Days Inventory Calculation

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

Sify Technologies'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
=	( (31.595	+	23.605)	/	2 )	/	259.88	*	365
=	27.6					/	259.88	*	365
=	38.76

Sify Technologies's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (34.849	+	0)	/	1 )	/	64.742	*	365 / 4
=	34.849					/	64.742	*	365 / 4
=	49.12

Sify Technologies (NAS:SIFY) 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.

Sify Technologies's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	64.742	/	34.849
	=	1.86

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.

Sify Technologies's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	34.849	/	104.007
	=	0.34

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.

Sify Technologies Days Inventory Related Terms

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

Sify Technologies (Sify Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sify Technologies Ltd (NAS:SIFY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

IWY1:Germany

Address

4, Rajiv Gandhi Salai, Tidel Park, 2nd Floor, Taramani, Chennai, TN, IND, 600113

Website

https://www.sifytechnologies.com

Sify Technologies Ltd is a provider of corporate network services in India. The firm is also the fifth Internet access provider in the country. Sify controls the network of franchised cybercafes in India and owns several popular Internet portals, one of which--Sify.com--is among India's top 10 sites in terms of traffic. The firm's revenue is derived from segment services to enterprise customers, comprising Network services, Data Center services, Cloud and Managed Services, Technology Integration Services, and Applications Integration services. The Group has two geographic segments India and the rest of the world.