Variman Global Enterprises (BOM:540570) Days Inventory: 43.24 (As of Mar. 2026) — 11% Below Median

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BOM:540570 Variman Global Enterprises Ltd BOM:540570
61 GF Score
Price ₹3.79
GF Value ₹16.49
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Variman Global Enterprises Days Inventory?

Variman Global Enterprises BOM:540570 +0.26% 61 Days Inventory is 43.24 as of Mar. 2026, which is 11% below its 10-year median of 48.73. GuruFocus rates BOM:540570 with a GF Score™ of 61/100 and a GF Value™ of ₹16.49 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,654 Software companies, Variman Global Enterprises ranks worse than 70.19% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Variman Global Enterprises's Average Total Inventories for the three months ended in Mar. 2026 was ₹176 Mil. Variman Global Enterprises's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹371 Mil. Hence, Variman Global Enterprises's Days Inventory for the three months ended in Mar. 2026 was 43.24.

The historical rank and industry rank for Variman Global Enterprises's Days Inventory or its related term are showing as below:

BOM:540570' s Days Inventory Range Over the Past 10 Years
Min: 25.34   Med: 48.73   Max: 235.39
Current: 56.65

During the past 13 years, Variman Global Enterprises's highest Days Inventory was 235.39. The lowest was 25.34. And the median was 48.73.

BOM:540570's Days Inventory is ranked worse than
70.19% of 1654 companies
in the Software industry
Industry Median: 20.395 vs BOM:540570: 56.65

Variman Global Enterprises's Days Inventory declined from Mar. 2025 (126.49) to Mar. 2026 (43.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. Variman Global Enterprises's Inventory Turnover for the three months ended in Mar. 2026 was 2.11.

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. Variman Global Enterprises's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.40.


Variman Global Enterprises  (BOM:540570) 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.

Variman Global Enterprises's Inventory Turnover for the three months ended in Mar. 2026 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.

Variman Global Enterprises's Inventory to Revenue for the three months ended in Mar. 2026 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.


Variman Global Enterprises Days Inventory Related Terms


Variman Global Enterprises Days Inventory Historical Data

* Premium members only.

The historical data trend for Variman Global Enterprises'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.

Variman Global Enterprises Days Inventory Chart

Variman Global Enterprises Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.09 37.49 52.36 66.89 57.77

Variman Global Enterprises Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 126.49 58.64 81.60 55.82 43.24

BOM:540570 vs QH, SHOP, UBER: Days Inventory Comparison

For the Software - Application subindustry, Variman Global Enterprises'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.


Variman Global Enterprises Days Inventory vs Software Industry

For the Software industry and Technology sector, Variman Global Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where Variman Global Enterprises's Days Inventory falls into.


BOM:540570
61GF Score
Variman Global Enterprises Ltd BOM:540570
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Variman Global Enterprises Days Inventory Calculation

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

Variman Global Enterprises's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (186.592 + 175.733) / 2 ) / 1144.68*365
=181.1625 / 1144.68*365
=57.77

Variman Global Enterprises's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 175.733) / 1 ) / 370.878*365 / 4
=175.733 / 370.878*365 / 4
=43.24

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 43.24 mean?
Variman Global Enterprises (BOM:540570) has a Days Inventory of 43.24 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Variman Global Enterprises and its competitors. This is 11% below median its historical median of 48.73. Over the past decade, Variman Global Enterprises' Days Inventory has ranged from 25.34 to 235.39. According to the industry distribution chart, Variman Global Enterprises ranks #1161 out of 1654 companies in the Software industry, placing it in the top 70.2%.
Is Variman Global Enterprises' Days Inventory too high?
Variman Global Enterprises' current Days Inventory of 43.24 is 11% below median its 10-year median of 48.73. Over the past 10 years, this metric has ranged from a low of 25.34 to a high of 235.39. The Software industry median Days Inventory is 20.40. Variman Global Enterprises' value of 43.24 is 112% above this industry median. Based on the distribution chart, Variman Global Enterprises ranks #1161 out of 1654 companies in the Software industry, which is below the industry midpoint. Overall, Variman Global Enterprises has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Variman Global Enterprises' Days Inventory compare to QH and SHOP?
According to the Software industry distribution chart, Variman Global Enterprises ranks #1161 out of 1654 companies for Days Inventory. This places Variman Global Enterprises in the lower half of its industry. The industry median Days Inventory is 20.40. Variman Global Enterprises' value of 43.24 is 112% above this benchmark. Historically, Variman Global Enterprises' own Days Inventory has ranged from 25.34 to 235.39 over the past decade. While the company's 10-year median is 48.73 vs. the industry median of 20.40, Variman Global Enterprises has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Software company?
The median Days Inventory among Software companies is 20.40, based on 1,654 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Variman Global Enterprises's current Days Inventory of 43.24 is 112% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Variman Global Enterprises and its competitors. For the Software industry, the median Days Inventory is 20.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Variman Global Enterprises's current Days Inventory is 43.24, which is 11% below median its own 10-year median of 48.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Variman Global Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Variman Global Enterprises (BOM:540570) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹16.49, compared to a current price of ₹3.79 — trading 77% below its estimated fair value. The current Days Inventory is 43.24, which is 11% below median its 10-year median of 48.73 and 112% above the Software industry median of 20.40. Variman Global Enterprises' overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Variman Global Enterprises (BOM:540570), the current Days Inventory is 43.24 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Variman Global Enterprises (BOM:540570) Overvalued in 2026?

Based on GuruFocus' analysis, Variman Global Enterprises stock appears to be undervalued. The current stock price of ₹3.79 is trading 77% below its estimated GF Value™ of ₹16.49. GuruFocus considers Variman Global Enterprises to be Significantly Undervalued.

Key valuation signals for BOM:540570:

  • Days Inventory: 43.24 (11% below median its 10-year median of 48.73)
  • GF Value™: ₹16.49 vs. price of ₹3.79 (77% below fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 112% above the Software median (#1161 of 1654)

No single metric tells the full story. See the BOM:540570 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Variman Global Enterprises Business Description

Address Gagan Mahal, 3rd & 4th Floor, 1-2- 217/10, Domalguda, Hyderabad, TG, IND, 500029
Variman Global Enterprises Ltd is an India-based company engaged in the business of providing solutions through software development, IT Infrastructure solutions, and distributing IT Hardware to clients and partners through aggressive market developments and continuous improvements through agility. The Company acts as a strategic link between vendors to partners and clients, thus readying them for unprecedented levels of business performance by catering to SOHO, SMB, Mid size, Large Enterprises and Government Organizations across various industry verticals.
61GF Score

Get the complete analysis for BOM:540570

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹3.79
Price
₹16.49
GF Value