ObjectOne Information Systems (BOM:535657) Days Inventory : 384.51 (As of Dec. 2023)

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What is ObjectOne Information Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ObjectOne Information Systems's Average Total Inventories for the three months ended in Dec. 2023 was ₹75.6 Mil. ObjectOne Information Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹17.9 Mil. Hence, ObjectOne Information Systems's Days Inventory for the three months ended in Dec. 2023 was 384.51.

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

During the past 13 years, ObjectOne Information Systems's highest Days Inventory was 1407.86. The lowest was 328.85. And the median was 1055.19.

BOM:535657's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 18.88
* Ranked among companies with meaningful Days Inventory only.

ObjectOne Information Systems's Days Inventory increased from Jun. 2022 (47.66) to Dec. 2023 (384.51). It might indicate that ObjectOne Information Systems'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. ObjectOne Information Systems's Inventory Turnover for the three months ended in Dec. 2023 was 0.24.

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. ObjectOne Information Systems's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.77.

ObjectOne Information Systems Days Inventory Historical Data

The historical data trend for ObjectOne Information Systems'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.

ObjectOne Information Systems Days Inventory Chart

ObjectOne Information Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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1,053.16

1,407.86

ObjectOne Information Systems Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
Days Inventory	Get a 7-Day Free Trial															47.66	55.49	474.60	-	384.51

Competitive Comparison of ObjectOne Information Systems's Days Inventory

For the Software - Application subindustry, ObjectOne Information Systems'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.

ObjectOne Information Systems's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where ObjectOne Information Systems's Days Inventory falls into.

ObjectOne Information Systems Days Inventory Calculation

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

ObjectOne Information Systems'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
=	( (59.4	+	75.6)	/	2 )	/	17.5	*	365
=	67.5					/	17.5	*	365
=	1,407.86

ObjectOne Information Systems'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: Mar. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (75.6	+	0)	/	1 )	/	17.941	*	365 / 4
=	75.6					/	17.941	*	365 / 4
=	384.51

ObjectOne Information Systems (BOM:535657) 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.

ObjectOne Information Systems's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	17.941	/	75.6
	=	0.24

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.

ObjectOne Information Systems's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	75.6	/	42.651
	=	1.77

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.

ObjectOne Information Systems Days Inventory Related Terms

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ObjectOne Information Systems (BOM:535657) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ObjectOne Information Systems Ltd (BOM:535657) » Definitions » Days Inventory

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Traded in Other Exchanges

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Address

Srinagar Colony Main Road, 8-3-988/34/7/2/1 & 2, Kamalapuri Colony, Hyderabad, TG, IND, 500073

Website

https://www.objectinfo.com

ObjectOne Information Systems Ltd is engaged in the development, designing, and production of software applications and related IT services. The company also provides Business consulting services; Analytics; Enterprise mobile applications; Social relationship management services; Engineering and, Other related services.

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