Sparc Electrex (BOM:531370) Days Inventory : 150.96 (As of Dec. 2023)

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What is Sparc Electrex Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sparc Electrex's Average Total Inventories for the three months ended in Dec. 2023 was ₹19.14 Mil. Sparc Electrex's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹11.57 Mil. Hence, Sparc Electrex's Days Inventory for the three months ended in Dec. 2023 was 150.96.

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

BOM:531370' s Days Inventory Range Over the Past 10 Years
Min: 8.78 Med: 92.66 Max: 994.63
Current: 247.72

During the past 13 years, Sparc Electrex's highest Days Inventory was 994.63. The lowest was 8.78. And the median was 92.66.

BOM:531370's Days Inventory is ranked worse than
92.79% of 680 companies
in the Business Services industry
Industry Median: 29.67 vs BOM:531370: 247.72

Sparc Electrex's Days Inventory declined from Dec. 2022 (176.64) to Dec. 2023 (150.96).

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. Sparc Electrex's Inventory Turnover for the three months ended in Dec. 2023 was 0.60.

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. Sparc Electrex's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.34.

Sparc Electrex Days Inventory Historical Data

The historical data trend for Sparc Electrex'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.

Sparc Electrex Days Inventory Chart

Sparc Electrex Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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57.63

147.74

8.78

92.66

Sparc Electrex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															176.64	889.66	216.32	255.97	150.96

Competitive Comparison of Sparc Electrex's Days Inventory

For the Security & Protection Services subindustry, Sparc Electrex'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.

Sparc Electrex's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sparc Electrex's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sparc Electrex's Days Inventory falls into.

Sparc Electrex Days Inventory Calculation

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

Sparc Electrex's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (5.982	+	14.878)	/	2 )	/	41.087	*	365
=	10.43					/	41.087	*	365
=	92.66

Sparc Electrex's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (19.137	+	0)	/	1 )	/	11.568	*	365 / 4
=	19.137					/	11.568	*	365 / 4
=	150.96

Sparc Electrex (BOM:531370) 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.

Sparc Electrex's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11.568	/	19.137
	=	0.60

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.

Sparc Electrex's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	19.137	/	14.299
	=	1.34

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.

Sparc Electrex Days Inventory Related Terms

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

Sparc Electrex (BOM:531370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sparc Electrex Ltd (BOM:531370) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

198, Linking Road, 1202, 12th Floor, Esperanza Building, Next to Bank of Baroda, Bandra (West), Mumbai, MH, IND, 400 050

Website

https://www.sparcelectrex.com

Sparc Electrex Ltd is an Indian company which is engaged in providing software and hardware electronic security solutions. The company's products include video conference solutions, mobile ATMs, GPS tracking, GSM/GPRS/SMS solutions, security systems, fire and intrusion detection systems, access control systems, home security systems, building management systems, and other.

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