Softsol India (BOM:532344) Days Inventory : 0.00 (As of Dec. 2023)

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What is Softsol India Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Softsol India's Average Total Inventories for the three months ended in Dec. 2023 was ₹0.0 Mil. Softsol India's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹98.4 Mil. Hence, Softsol India's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

BOM:532344's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.64
* Ranked among companies with meaningful Days Inventory only.

Softsol India's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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

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. Softsol India's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Softsol India Days Inventory Historical Data

The historical data trend for Softsol India'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.

Softsol India Days Inventory Chart

Softsol India Annual Data

Trend

Mar14

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Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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Softsol India 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															-	-	-	-	-

Competitive Comparison of Softsol India's Days Inventory

For the Software - Application subindustry, Softsol India'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.

Softsol India's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Softsol India's Days Inventory falls into.

Softsol India Days Inventory Calculation

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

Softsol India'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
=	( (0	+	0)	/	1 )	/	432.553	*	365
=	0					/	432.553	*	365
=	0.00

Softsol India'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
=	( (0	+	0)	/	1 )	/	98.447	*	365 / 4
=	0					/	98.447	*	365 / 4
=	0.00

Softsol India (BOM:532344) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	98.447	/	0
	=

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	169.965
	=	0.00

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.

Softsol India Days Inventory Related Terms

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

Softsol India (BOM:532344) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Softsol India Ltd (BOM:532344) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 4, Software Units Layout, Madhapur, Hyderabad, TG, IND, 500081

Website

https://www.softsolindia.com

Softsol India Ltd is an India-based company, which is engaged in computer programming, consultancy, and related activities. It offers various services, including Enterprise Modernization, such as Power Builder, Mainframe, and Oracle forms; Testing Services; Custom Application Development; Cloud Computing Services; Strategic Consulting, and Remote Infrastructure Management. The company derives revenues primarily from information and technology services and leasing of properties or spaces.

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