Nagarro SE (LTS:0AA3) Days Inventory : 0.00 (As of Mar. 2024)

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What is Nagarro SE Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nagarro SE's Average Total Inventories for the three months ended in Mar. 2024 was €0.0 Mil. Nagarro SE's Cost of Goods Sold for the three months ended in Mar. 2024 was €185.3 Mil. Hence, Nagarro SE's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

LTS:0AA3' s Days Inventory Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.15
Current: 0.09

During the past 6 years, Nagarro SE's highest Days Inventory was 0.15. The lowest was 0.01. And the median was 0.04.

LTS:0AA3's Days Inventory is ranked better than
97.76% of 1561 companies
in the Software industry
Industry Median: 18.99 vs LTS:0AA3: 0.09

Nagarro SE's Days Inventory declined from Mar. 2023 (0.13) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nagarro SE's Inventory Turnover for the three months ended in Mar. 2024 was 185,325.00.

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. Nagarro SE's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Nagarro SE Days Inventory Historical Data

The historical data trend for Nagarro SE'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.

Nagarro SE Days Inventory Chart

Nagarro SE Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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0.01

0.15

0.07

Nagarro SE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial													0.13	0.11	0.11	0.06	-

Competitive Comparison of Nagarro SE's Days Inventory

For the Information Technology Services subindustry, Nagarro SE'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.

Nagarro SE's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Nagarro SE's Days Inventory falls into.

Nagarro SE Days Inventory Calculation

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

Nagarro SE's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.264	+	0.001)	/	2 )	/	735.834	*	365
=	0.1325					/	735.834	*	365
=	0.07

Nagarro SE's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.001	+	0)	/	1 )	/	185.325	*	365 / 4
=	0.001					/	185.325	*	365 / 4
=	0.00

Nagarro SE (LTS:0AA3) 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.

Nagarro SE's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	185.325	/	0.001
	=	185,325.00

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.

Nagarro SE's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.001	/	238.294
	=	0.00

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.

Nagarro SE Days Inventory Related Terms

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

Nagarro SE (LTS:0AA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nagarro SE (LTS:0AA3) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NGRRF:USA NA9d:UK NA9:Germany

Address

Baierbrunner Street 15, Munich, BY, DEU, 81379

Website

https://www.nagarro.com

Nagarro SE is a digital engineering company. It offers application development and management, digital product engineering, artificial intelligence and machine learning, cloud solutions, digital marketing, IoT solutions, digital commerce solutions, managed services, and others. The company's geographical segment includes North America, Central Europe, Rest of Europe, and Rest of World. It derives a majority of its revenue from the Central Europe segment.

Nagarro SE (LTS:0AA3) Headlines

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