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Clio Infotech (BOM:530839) Days Inventory : 288.96 (As of Sep. 2024)


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What is Clio Infotech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clio Infotech's Average Total Inventories for the three months ended in Sep. 2024 was ₹0.21 Mil. Clio Infotech's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹0.07 Mil. Hence, Clio Infotech's Days Inventory for the three months ended in Sep. 2024 was 288.96.

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

During the past 13 years, Clio Infotech's highest Days Inventory was 619.87. The lowest was 13.83. And the median was 191.07.

BOM:530839's Days Inventory is not ranked *
in the Software industry.
Industry Median: 18.695
* Ranked among companies with meaningful Days Inventory only.

Clio Infotech's Days Inventory increased from Sep. 2023 (0.00) to Sep. 2024 (288.96). It might indicate that Clio Infotech's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clio Infotech's Inventory Turnover for the three months ended in Sep. 2024 was 0.32.

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.


Clio Infotech Days Inventory Historical Data

The historical data trend for Clio Infotech'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.

Clio Infotech Days Inventory Chart

Clio Infotech Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.69 18.52 13.83 26.66 322.31

Clio Infotech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - 288.96

Competitive Comparison of Clio Infotech's Days Inventory

For the Information Technology Services subindustry, Clio Infotech'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.


Clio Infotech's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Clio Infotech's Days Inventory falls into.



Clio Infotech Days Inventory Calculation

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

Clio Infotech's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0.478 + 0.209) / 2 ) / 0.389*365
=0.3435 / 0.389*365
=322.31

Clio Infotech's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0.209) / 1 ) / 0.066*365 / 4
=0.209 / 0.066*365 / 4
=288.96

* 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.


Clio Infotech  (BOM:530839) 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.

Clio Infotech's Inventory Turnover for the three months ended in Sep. 2024 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.

Clio Infotech's Inventory to Revenue for the three months ended in Sep. 2024 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.


Clio Infotech Days Inventory Related Terms

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


Clio Infotech Business Description

Traded in Other Exchanges
N/A
Address
Atlanta Center, Sonawala Road, Office No. 901/902, 9th Floor, Opposite Udyog Bhavan, Goregaon (East), Mumbai, MH, IND, 400063
Clio Infotech Ltd is an Information Technology company committed to Empowering Business Transformation. The company also provides solutions for other verticals such as Manufacturing, Retail, Distribution, Telecom and Healthcare. The company also address the requirements of industry verticals, Insurance, Capital Markets, Asset & Wealth Management. The company generates maximum revenue from sale of services.

Clio Infotech Headlines

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