ASYA Infosoft (BOM:511144) Days Inventory : 50.16 (As of Dec. 2021)

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What is ASYA Infosoft Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ASYA Infosoft's Average Total Inventories for the three months ended in Dec. 2021 was ₹55.3 Mil. ASYA Infosoft's Cost of Goods Sold for the three months ended in Dec. 2021 was ₹100.6 Mil. Hence, ASYA Infosoft's Days Inventory for the three months ended in Dec. 2021 was 50.16.

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

BOM:511144's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 18.935
* Ranked among companies with meaningful Days Inventory only.

ASYA Infosoft's Days Inventory increased from Dec. 2020 (19.77) to Dec. 2021 (50.16). It might indicate that ASYA Infosoft's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ASYA Infosoft's Inventory Turnover for the three months ended in Dec. 2021 was 1.82.

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. ASYA Infosoft's Inventory-to-Revenue for the three months ended in Dec. 2021 was 0.55.

ASYA Infosoft Days Inventory Historical Data

The historical data trend for ASYA Infosoft'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.

ASYA Infosoft Days Inventory Chart

ASYA Infosoft Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Days Inventory

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26.29

40.85

61.05

50.52

41.75

ASYA Infosoft Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Mar17	Jun17	Mar18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Days Inventory	Get a 7-Day Free Trial															19.77	92.08	40.44	14.52	50.16

Competitive Comparison of ASYA Infosoft's Days Inventory

For the Information Technology Services subindustry, ASYA Infosoft'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.

ASYA Infosoft's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where ASYA Infosoft's Days Inventory falls into.

ASYA Infosoft Days Inventory Calculation

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

ASYA Infosoft's Days Inventory for the fiscal year that ended in Mar. 2021 is calculated as

	Days Inventory (A: Mar. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2020 )	+	Total Inventories (A: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2021 )	*	Days in Period
=	( (43.98	+	43.844)	/	2 )	/	383.903	*	365
=	43.912					/	383.903	*	365
=	41.75

ASYA Infosoft's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

	Days Inventory (Q: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2021 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (55.3	+	0)	/	1 )	/	100.608	*	365 / 4
=	55.3					/	100.608	*	365 / 4
=	50.16

ASYA Infosoft (BOM:511144) 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.

ASYA Infosoft's Inventory Turnover for the three months ended in Dec. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	100.608	/	55.3
	=	1.82

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.

ASYA Infosoft's Inventory to Revenue for the three months ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	55.3	/	101.439
	=	0.55

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.

ASYA Infosoft Days Inventory Related Terms

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

ASYA Infosoft (BOM:511144) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ASYA Infosoft Ltd (BOM:511144) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stadium Five Roads, H. N. House, 4th Floor, Nidhi Complex, Above Stadium Underbridge, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

http://www.sayait.com

ASYA Infosoft Ltd is principally engaged in training and IT enables services. It offers strategy and technology implementation services to companies wanting to optimize or re-engineer their existing business. The firm uses N-tier architecture, web designing, and web development for image building of the company with multimedia animation. The group also offers network solutions and resource management services. The firm offers its services in Software Development, Business process outsourcing, Web Designing/Development, E-business solutions, Multimedia/Animation, Networking Solutions, and Resource Management.

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