Aurionpro Solutions (BOM:532668) Days Inventory : 38.46 (As of Mar. 2024)

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What is Aurionpro Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aurionpro Solutions's Average Total Inventories for the three months ended in Mar. 2024 was ₹329 Mil. Aurionpro Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹782 Mil. Hence, Aurionpro Solutions's Days Inventory for the three months ended in Mar. 2024 was 38.46.

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

BOM:532668' s Days Inventory Range Over the Past 10 Years
Min: 9.7 Med: 36.88 Max: 88.51
Current: 35.06

During the past 13 years, Aurionpro Solutions's highest Days Inventory was 88.51. The lowest was 9.70. And the median was 36.88.

BOM:532668's Days Inventory is ranked worse than
61.15% of 1560 companies
in the Software industry
Industry Median: 18.89 vs BOM:532668: 35.06

Aurionpro Solutions's Days Inventory increased from Mar. 2023 (34.31) to Mar. 2024 (38.46). It might indicate that Aurionpro Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aurionpro Solutions's Inventory Turnover for the three months ended in Mar. 2024 was 2.37.

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. Aurionpro Solutions's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.13.

Aurionpro Solutions Days Inventory Historical Data

The historical data trend for Aurionpro Solutions'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.

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Aurionpro Solutions Days Inventory Chart

Aurionpro Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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54.19

88.51

46.40

36.05

37.39

Aurionpro Solutions 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															34.31	34.61	31.64	30.52	38.46

Competitive Comparison of Aurionpro Solutions's Days Inventory

For the Software - Infrastructure subindustry, Aurionpro Solutions'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.

Aurionpro Solutions's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Aurionpro Solutions's Days Inventory falls into.

Aurionpro Solutions Days Inventory Calculation

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

Aurionpro Solutions'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
=	( (279.752	+	329.465)	/	2 )	/	2973.243	*	365
=	304.6085					/	2973.243	*	365
=	37.39

Aurionpro Solutions'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	+	329.465)	/	1 )	/	781.733	*	365 / 4
=	329.465					/	781.733	*	365 / 4
=	38.46

Aurionpro Solutions (BOM:532668) 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.

Aurionpro Solutions's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	781.733	/	329.465
	=	2.37

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.

Aurionpro Solutions's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	329.465	/	2468.707
	=	0.13

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.

Aurionpro Solutions Days Inventory Related Terms

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

Aurionpro Solutions (BOM:532668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Aurionpro Solutions Ltd (BOM:532668) » Definitions » Days Inventory

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AURIONPRO:India

Address

Synergia IT Park, Plot No-R-270, T.T.C., Industrial Estate, Near Rabale Police Station, Rabale, Navi Mumbai, MH, IND, 400701

Website

https://www.aurionpro.com

Aurionpro Solutions Ltd is a global technology solutions provider with a wide range of offerings catering to the varied customers which includes large banks and financial institutions, governments, government undertakings and other business organizations. Its Smart-Lender Product Suite is an end-to-end integrated credit risk management system which improves productivity, enhances credit quality and improves operational efficiency. The iCashpro+ is the next generation transaction banking platform. The company is an established player in the Smart City segment in India and has successfully implemented 3D City and City Surveillance projects in various states. The company derives revenues from information technologies and consultancy services and sale of equipment and software licenses.

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