eClerx Services (NSE:ECLERX) Change In Inventory: ₹0 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ECLERX eClerx Services Ltd NSE:ECLERX
83 GF Score
Price ₹1,763.30
GF Value ₹2,046.42
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is eClerx Services Change In Inventory?

eClerx Services NSE:ECLERX -0.33% 83 Change In Inventory is ₹0 Mil as of Jun. 2026. GuruFocus rates NSE:ECLERX with a GF Score™ of 83/100 and a GF Value™ of ₹2,046.42 (Modestly Undervalued). The stock has 2 warning signs investors should review.

eClerx Services's change in inventory for the quarter that ended in Jun. 2026 was ₹0 Mil. It means eClerx Services's inventory stayed the same from Mar. 2026 to Jun. 2026 .

eClerx Services's change in inventory for the fiscal year that ended in Mar. 2026 was ₹-4 Mil. It means eClerx Services's inventory increased by ₹4 Mil from Mar. 2025 to Mar. 2026 .

eClerx Services's Total Inventories for the quarter that ended in Jun. 2026 was ₹0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. eClerx Services's Days Inventory for the quarter that ended in Jun. 2026 was 0.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. eClerx Services's Inventory Turnover for the quarter that ended in Jun. 2026 was 2,426.14.

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. eClerx Services's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.00.

eClerx Services  (NSE:ECLERX) Change In Inventory Explanation

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

eClerx Services's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3.12/7569.56*365 / 4
=0.04

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

eClerx Services's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=7569.56 / 3.12
=2,426.14

3. 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.

eClerx Services's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3.12 / 11523.58
=0.00

* 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.

eClerx Services Change In Inventory Related Terms

eClerx Services Change In Inventory Historical Data

* Premium members only.

The historical data trend for eClerx Services's Change In 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.

eClerx Services Change In Inventory Chart

eClerx Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.04 0.69 -1.91 4.18 -3.97

eClerx Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In 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 0.00 0.00 0.00 0.00 0.00
NSE:ECLERX
83GF Score
eClerx Services Ltd NSE:ECLERX
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

eClerx Services Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of ₹0 Mil mean?
eClerx Services (NSE:ECLERX) has a Change In Inventory of ₹0 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for eClerx Services and its competitors.
Is eClerx Services' Change In Inventory too high?
eClerx Services' current Change In Inventory is ₹0 Mil. Overall, eClerx Services has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eClerx Services' Change In Inventory compare to IBM and ACN?
eClerx Services' Change In Inventory of ₹0 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Software company?
A good Change In Inventory depends on the Software industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for eClerx Services and its competitors. eClerx Services's current Change In Inventory is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eClerx Services stock overvalued right now?
Based on GuruFocus' analysis, eClerx Services (NSE:ECLERX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,046.42, compared to a current price of ₹1,763.30 — trading 13.8% below its estimated fair value. The current Change In Inventory is ₹0 Mil. eClerx Services' overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For eClerx Services (NSE:ECLERX), the current Change In Inventory is ₹0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is eClerx Services (NSE:ECLERX) Overvalued in 2026?

Based on GuruFocus' analysis, eClerx Services stock appears to be undervalued. The current stock price of ₹1,763.30 is trading 13.8% below its estimated GF Value™ of ₹2,046.42. GuruFocus considers eClerx Services to be Modestly Undervalued.

Key valuation signals for NSE:ECLERX:

  • Change In Inventory: ₹0 Mil
  • GF Value™: ₹2,046.42 vs. price of ₹1,763.30 (13.8% below fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the NSE:ECLERX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

eClerx Services Business Description

Other Exchanges 532927:India
Address Nariman Point, 4th Floor, Express Towers, Mumbai, MH, IND, 400 021
eClerx Services Ltd provides a variety of information technology, or IT, and knowledge and business process outsourcing services. The firm's financial services include expense management and accounting and finance, digital marketing services that include customer relationship management and business intelligence, market intelligence, financial market operations, finance and accounting, and other services. The geographical segments of the company are North America, United Kingdom, Europe, and Asia Pacific.
83GF Score

Get the complete analysis for NSE:ECLERX

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,763.30
Price
₹2,046.42
GF Value