Synoptics Technologies (NSE:SYNOPTICS) Change In Inventory : ₹-0.3 Mil (TTM As of Mar. 2024)

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What is Synoptics Technologies Change In Inventory?

Synoptics Technologies's change in inventory for the quarter that ended in Mar. 2024 was ₹-0.3 Mil. It means Synoptics Technologies's inventory increased by ₹0.3 Mil from Mar. 2023 to Mar. 2024 .

Synoptics Technologies's change in inventory for the fiscal year that ended in Mar. 2024 was ₹-0.3 Mil. It means Synoptics Technologies's inventory increased by ₹0.3 Mil from Mar. 2023 to Mar. 2024 .

Synoptics Technologies's Total Inventories for the quarter that ended in Mar. 2024 was ₹51.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Synoptics Technologies's Days Inventory for the quarter that ended in Mar. 2024 was 37.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Synoptics Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.86.

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. Synoptics Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.12.

Synoptics Technologies Change In Inventory Historical Data

The historical data trend for Synoptics Technologies'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.

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Synoptics Technologies Change In Inventory Chart

Synoptics Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

-3.98

-5.80

-37.50

6.96

-0.34

Synoptics Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Change In Inventory	-3.98	-5.80	-37.50	6.96	-0.34

Synoptics Technologies Change In Inventory Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-0.3 Mil.

Synoptics Technologies (NSE:SYNOPTICS) Change In Inventory Explanation

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

Synoptics Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	51.641	/	251.172	*	365 / 2
	=	37.52

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

Synoptics Technologies's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	251.172	/	51.641
	=	4.86

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.

Synoptics Technologies's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	51.641	/	432.432
	=	0.12

Synoptics Technologies Change In Inventory Related Terms

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Synoptics Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synoptics Technologies Ltd (NSE:SYNOPTICS) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064

Website

https://synoptics.co.in

Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

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