Covance SoftSol (BOM:544361) Days Inventory: 0.00 (As of Mar. 2026)

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BOM:544361 Covance SoftSol Ltd BOM:544361
21 GF Score
Price ₹223.30
! 1 Warning Sign
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What is Covance SoftSol Days Inventory?

Covance SoftSol BOM:544361 -5.00% 21 Days Inventory is 0.00 as of Mar. 2026. GuruFocus rates BOM:544361 with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 1,663 Software companies, Covance SoftSol ranks worse than 60132.23% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Covance SoftSol's Average Total Inventories for the three months ended in Mar. 2026 was ₹0 Mil. Covance SoftSol's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹204 Mil. Hence, Covance SoftSol's Days Inventory for the three months ended in Mar. 2026 was 0.00.

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

BOM:544361's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.91
* Ranked among companies with meaningful Days Inventory only.

Covance SoftSol's Days Inventory stayed the same from Mar. 2025 (0.00) to Mar. 2026 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Covance SoftSol's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.00.


Covance SoftSol  (BOM:544361) 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.

Covance SoftSol'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.

Covance SoftSol'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.


Covance SoftSol Days Inventory Related Terms


Covance SoftSol Days Inventory Historical Data

* Premium members only.

The historical data trend for Covance SoftSol'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.

Covance SoftSol Days Inventory Chart

Covance SoftSol Annual Data
Trend Mar24 Mar25 Mar26
Days Inventory
0.00 0.00 0.00

Covance SoftSol Quarterly Data
Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

BOM:544361 vs IBM, ACN, FISV: Days Inventory Comparison

For the Information Technology Services subindustry, Covance SoftSol'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.


Covance SoftSol Days Inventory vs Software Industry

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

* The bar in red indicates where Covance SoftSol's Days Inventory falls into.


BOM:544361
21GF Score
Covance SoftSol Ltd BOM:544361
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Covance SoftSol Days Inventory Calculation

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

Covance SoftSol'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
=( (0 + 0) / 1 ) / 648.117*365
=0 / 648.117*365
=0.00

Covance SoftSol'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 + 0) / 1 ) / 204.414*365 / 4
=0 / 204.414*365 / 4
=0.00

* 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 0.00 mean?
Covance SoftSol (BOM:544361) has a Days Inventory of 0.00 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Covance SoftSol and its competitors. According to the industry distribution chart, Covance SoftSol ranks #999999 out of 1663 companies in the Software industry.
Is Covance SoftSol's Days Inventory too high?
Covance SoftSol's current Days Inventory is 0.00. Based on the distribution chart, Covance SoftSol ranks #999999 out of 1663 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Covance SoftSol has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Covance SoftSol's Days Inventory compare to IBM and ACN?
According to the Software industry distribution chart, Covance SoftSol ranks #999999 out of 1663 companies for Days Inventory. This places Covance SoftSol in the lower half of its industry. The industry median Days Inventory is 19.91. 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 19.91, based on 1,663 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. 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 Covance SoftSol and its competitors. For the Software industry, the median Days Inventory is 19.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Covance SoftSol's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covance SoftSol stock overvalued right now?
Covance SoftSol (BOM:544361) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Covance SoftSol's overall GF Score™ is 21/100 with 1 warning sign 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 Covance SoftSol (BOM:544361), the current Days Inventory is 0.00 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.

Covance SoftSol Business Description

Address Infocity, Plot No.4, Software Units Layout, Madhapur, Shaikpet, Hyderabad, TG, IND, 500081
Covance SoftSol Ltd is engaged in the business of information and technology services. It offers various services, including business process transformation, data transformation, enterprise application transformation, and tool-assisted modernization, by utilizing technologies such as cloud, artificial intelligence, machine learning, and provides data analytics solutions with an intuitive UX/UI design. The company caters to enterprises from different industries such as healthcare, media, manufacturing, government, insurance, etc. The firm generates a majority of its revenue through the export of services, and the rest from its domestic operations.
21GF Score

Get the complete analysis for BOM:544361

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

₹223.30
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