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Starcom Information Technology (BOM:531616) Days Inventory : 68.27 (As of Mar. 2024)


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What is Starcom Information Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Starcom Information Technology's Average Total Inventories for the three months ended in Mar. 2024 was ₹1.19 Mil. Starcom Information Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹1.60 Mil. Hence, Starcom Information Technology's Days Inventory for the three months ended in Mar. 2024 was 68.27.

The historical rank and industry rank for Starcom Information Technology's Days Inventory or its related term are showing as below:

BOM:531616' s Days Inventory Range Over the Past 10 Years
Min: 4.49   Med: 19.05   Max: 61.08
Current: 17.9

During the past 13 years, Starcom Information Technology's highest Days Inventory was 61.08. The lowest was 4.49. And the median was 19.05.

BOM:531616's Days Inventory is ranked better than
50.9% of 1560 companies
in the Software industry
Industry Median: 18.935 vs BOM:531616: 17.90

Starcom Information Technology's Days Inventory increased from Mar. 2023 (18.15) to Mar. 2024 (68.27). It might indicate that Starcom Information Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Starcom Information Technology's Inventory Turnover for the three months ended in Mar. 2024 was 1.34.

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. Starcom Information Technology's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.43.


Starcom Information Technology Days Inventory Historical Data

The historical data trend for Starcom Information Technology'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.

Starcom Information Technology Days Inventory Chart

Starcom Information Technology 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 4.49 15.37 31.62 22.72 33.43

Starcom Information Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.15 3.58 34.61 39.01 68.27

Competitive Comparison of Starcom Information Technology's Days Inventory

For the Software - Application subindustry, Starcom Information Technology'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.


Starcom Information Technology's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Starcom Information Technology's Days Inventory falls into.



Starcom Information Technology Days Inventory Calculation

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

Starcom Information Technology'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
=( (0.412 + 1.194) / 2 ) / 8.768*365
=0.803 / 8.768*365
=33.43

Starcom Information Technology's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 1.194) / 1 ) / 1.596*365 / 4
=1.194 / 1.596*365 / 4
=68.27

* 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.


Starcom Information Technology  (BOM:531616) 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.

Starcom Information Technology's Inventory Turnover for the three months ended in Mar. 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.

Starcom Information Technology's Inventory to Revenue for the three months ended in Mar. 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.


Starcom Information Technology Days Inventory Related Terms

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


Starcom Information Technology (BOM:531616) Business Description

Traded in Other Exchanges
N/A
Address
M.G. Road, 88, Times Square, Bangalore, KA, IND, 560001
Starcom Information Technology Ltd is an IP-driven solution provider in the data quality, business intelligence, and data analytics space. The company's operating segments are Test, measurement and embedded solutions for the Educational sector, and Data quality, statistical, and analytics software. The services provided include data cleansing, data profiling, and data de-duping which delivers accuracy, completeness, consistency, timeliness, uniqueness, and validity. It also offers data sourcing, on-demand, and scheduled delivery, report and dashboard designing, and others.

Starcom Information Technology (BOM:531616) Headlines

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