GURUFOCUS.COM » STOCK LIST » Technology » Software » HCL Technologies Ltd (NSE:HCLTECH) » Definitions » Days Inventory

HCL Technologies (NSE:HCLTECH) Days Inventory : 0.68 (As of Mar. 2025)


View and export this data going back to 2000. Start your Free Trial

What is HCL Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). HCL Technologies's Average Total Inventories for the three months ended in Mar. 2025 was ₹1,330 Mil. HCL Technologies's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹177,350 Mil. Hence, HCL Technologies's Days Inventory for the three months ended in Mar. 2025 was 0.68.

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

NSE:HCLTECH' s Days Inventory Range Over the Past 10 Years
Min: 0.81   Med: 1.2   Max: 3.31
Current: 0.87

During the past 13 years, HCL Technologies's highest Days Inventory was 3.31. The lowest was 0.81. And the median was 1.20.

NSE:HCLTECH's Days Inventory is ranked better than
88.01% of 1593 companies
in the Software industry
Industry Median: 20.52 vs NSE:HCLTECH: 0.87

HCL Technologies's Days Inventory declined from Mar. 2024 (1.00) to Mar. 2025 (0.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. HCL Technologies's Inventory Turnover for the three months ended in Mar. 2025 was 133.35.

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. HCL Technologies's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.00.


HCL Technologies Days Inventory Historical Data

The historical data trend for HCL 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.

HCL Technologies Days Inventory Chart

HCL Technologies Annual Data
Trend Jun15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.98 1.22 1.17 0.84

HCL Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.00 0.93 0.92 0.68

Competitive Comparison of HCL Technologies's Days Inventory

For the Information Technology Services subindustry, HCL 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.


HCL Technologies's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, HCL Technologies's Days Inventory distribution charts can be found below:

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


;
;

HCL Technologies Days Inventory Calculation

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

HCL Technologies's Days Inventory for the fiscal year that ended in Mar. 2025 is calculated as

Days Inventory (A: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (1850 + 1330) / 2 ) / 687830*365
=1590 / 687830*365
=0.84

HCL Technologies's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (0 + 1330) / 1 ) / 177350*365 / 4
=1330 / 177350*365 / 4
=0.68

* 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.


HCL Technologies  (NSE:HCLTECH) 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.

HCL Technologies's Inventory Turnover for the three months ended in Mar. 2025 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.

HCL Technologies's Inventory to Revenue for the three months ended in Mar. 2025 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.


HCL Technologies Days Inventory Related Terms

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


HCL Technologies Business Description

Traded in Other Exchanges
Address
Technology Hub, Special Economic Zone, Plot No. 3A, Sector 126, Noida, UP, IND, 201304
HCL Technologies Ltd provides enterprises with IT solutions. It focuses on offering Digital, Internet of Things, Cloud, Automation, Cybersecurity, Infrastructure Management, and Engineering services to solve business problems for clients. It offers solutions to a variety of industries including Financial Services, Public Services, Consumer Services, Healthcare, and Manufacturing. It operates in three segments; IT and Business Services, Engineering and R&D Services, and HCl Software. The firm emphasizes consultation services for firms, intending to offer them digital and design solutions. The majority of the firm's revenue comes from the IT and Business Services segment. Geographically, it derives maximum revenue from America and the rest from Europe, India, and the Rest of the world.

HCL Technologies Headlines

No Headlines