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ECS Biztech (BOM:540063) Days Inventory : 461.24 (As of Dec. 2024)


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What is ECS Biztech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ECS Biztech's Average Total Inventories for the three months ended in Dec. 2024 was ₹6.83 Mil. ECS Biztech's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1.35 Mil. Hence, ECS Biztech's Days Inventory for the three months ended in Dec. 2024 was 461.24.

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

BOM:540063' s Days Inventory Range Over the Past 10 Years
Min: 57.94   Med: 139.8   Max: 448.87
Current: 86.85

During the past 10 years, ECS Biztech's highest Days Inventory was 448.87. The lowest was 57.94. And the median was 139.80.

BOM:540063's Days Inventory is ranked worse than
77.43% of 1573 companies
in the Software industry
Industry Median: 19.41 vs BOM:540063: 86.85

ECS Biztech's Days Inventory increased from Dec. 2023 (143.42) to Dec. 2024 (461.24). It might indicate that ECS Biztech's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ECS Biztech's Inventory Turnover for the three months ended in Dec. 2024 was 0.20.

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. ECS Biztech's Inventory-to-Revenue for the three months ended in Dec. 2024 was 2.09.


ECS Biztech Days Inventory Historical Data

The historical data trend for ECS Biztech'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.

ECS Biztech Days Inventory Chart

ECS Biztech 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 136.19 57.94 65.21 188.32 112.79

ECS Biztech Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 143.42 75.63 32.60 207.45 461.24

Competitive Comparison of ECS Biztech's Days Inventory

For the Information Technology Services subindustry, ECS Biztech'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.


ECS Biztech's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where ECS Biztech's Days Inventory falls into.



ECS Biztech Days Inventory Calculation

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

ECS Biztech'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
=( (4.74 + 5.151) / 2 ) / 16.004*365
=4.9455 / 16.004*365
=112.79

ECS Biztech's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (6.834 + 0) / 1 ) / 1.352*365 / 4
=6.834 / 1.352*365 / 4
=461.24

* 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.


ECS Biztech  (BOM:540063) 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.

ECS Biztech's Inventory Turnover for the three months ended in Dec. 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.

ECS Biztech's Inventory to Revenue for the three months ended in Dec. 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.


ECS Biztech Days Inventory Related Terms

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


ECS Biztech Business Description

Traded in Other Exchanges
N/A
Address
Off 132 ft Ring Road, B02, The First, ECS Corporate House, Behind KeshavBaug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015
ECS Biztech Ltd is an Information technology company that provides customer-centric technology solutions and services. Its operating segment includes IT products and Services. The company's products and services include a Managed Cloud Data Center, Advanced Cybersecurity Services, Digital and Cyber Forensic Services, IT Consulting Services, ECSPlorator, and others.

ECS Biztech Headlines

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