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Hiliks Technologies (BOM:539697) Days Inventory : 0.00 (As of Sep. 2024)


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What is Hiliks Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hiliks Technologies's Average Total Inventories for the three months ended in Sep. 2024 was ₹39.16 Mil. Hiliks Technologies's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹-9.65 Mil.

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

During the past 10 years, Hiliks Technologies's highest Days Inventory was 88.64. The lowest was 35.41. And the median was 62.03.

BOM:539697's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 28.63
* Ranked among companies with meaningful Days Inventory only.

Hiliks Technologies's Days Inventory declined from Sep. 2023 (535.04) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hiliks Technologies's Inventory Turnover for the three months ended in Sep. 2024 was -0.25.

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. Hiliks Technologies's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.92.


Hiliks Technologies Days Inventory Historical Data

The historical data trend for Hiliks Technologies'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.

Hiliks Technologies Days Inventory Chart

Hiliks Technologies 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 - - 35.41 88.64 -

Hiliks Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 535.04 - 181.43 - -

Competitive Comparison of Hiliks Technologies's Days Inventory

For the Staffing & Employment Services subindustry, Hiliks Technologies'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.


Hiliks Technologies's Days Inventory Distribution in the Business Services Industry

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

* The bar in red indicates where Hiliks Technologies's Days Inventory falls into.



Hiliks Technologies Days Inventory Calculation

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

Hiliks Technologies'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
=( (5.412 + 23.599) / 2 ) / -0.444*365
=14.5055 / -0.444*365
=N/A

Hiliks Technologies's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 39.158) / 1 ) / -9.65*365 / 4
=39.158 / -9.65*365 / 4
=N/A

* 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.


Hiliks Technologies  (BOM:539697) 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.

Hiliks Technologies's Inventory Turnover for the three months ended in Sep. 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.

Hiliks Technologies's Inventory to Revenue for the three months ended in Sep. 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.


Hiliks Technologies Days Inventory Related Terms

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


Hiliks Technologies Business Description

Traded in Other Exchanges
N/A
Address
Lucid Diagnostics Lane, Road No. 2, Banjara Hills, 2nd Floor, Semushi Towers, Above Union Bank of India, Plot No. 21, Rao and Raju Colony, Hyderabad, TG, IND, 500 034
Hiliks Technologies Ltd is an Indian company. The company is engaged in the Business of providing services/solutions of information technology, information systems, Hardware and Software development, system networking and satellite communications, protocols, call centers, medical transcription, medical billing, system development, computer training in software and networking, infrastructure for software development, networking and to provide manpower consulting in software, hardware and networking and other business process outsourcing activities, training center, and help desk services and provide services relating to products, product support services, software education, system integration, embedded systems development, software testing services, software support services.

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