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Canarys AutomationsNSE:CANARYS +0.27%20 Days Inventory is 18.52 as of Sep. 2025, which is 22% below its 10-year median of 23.68. GuruFocus rates NSE:CANARYS with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 1,652 Software companies, Canarys Automations ranks worse than 61.8% on this metric.
The historical rank and industry rank for Canarys Automations's Days Inventory or its related term are showing as below:
NSE:CANARYS'
s Days Inventory Range Over the Past 10 Years
Min: 20.85 Med: 23.68 Max: 37.04
Current: 37.04
During the past 5 years, Canarys Automations's highest Days Inventory was 37.04. The lowest was 20.85. And the median was 23.68.
NSE:CANARYS's Days Inventory is ranked worse than 61.8% of 1652
companies
in the Software industry
Industry Median: 20.375
vs NSE:CANARYS: 37.04
Canarys Automations's Days Inventory
increased
from Sep. 2024 (0.00) to Sep. 2025 (18.52).
It might indicate that Canarys Automations's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Canarys Automations's Inventory Turnover for the
six
months ended in Sep. 2025 was 9.85.
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.
Canarys Automations's Inventory-to-Revenue for the
six
months ended in Sep. 2025 was 0.08.
Canarys Automations (NSE:CANARYS) 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.
Canarys Automations's Inventory Turnover for the
six
months ended in Sep. 2025 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.
Canarys Automations's Inventory to Revenue for the
six
months ended in Sep. 2025 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.
Canarys Automations Days Inventory Related Terms
Canarys Automations Days Inventory Historical Data
* Premium members only.
The historical data trend for Canarys Automations'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.
NSE:CANARYS vs IBM, ACN, FISV: Days Inventory Comparison
For the Information Technology Services subindustry, Canarys Automations'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.
Canarys Automations Days Inventory vs Software Industry
For the Software industry and Technology sector, Canarys Automations's Days Inventory distribution charts can be found below:
* The bar in red indicates where Canarys Automations's Days Inventory falls into.
* 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.
Canarys Automations (NSE:CANARYS) has a Days Inventory of 18.52 as of Sep. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Canarys Automations and its competitors. This is 22% below median its historical median of 23.68. Over the past decade, Canarys Automations' Days Inventory has ranged from 20.85 to 37.04. According to the industry distribution chart, Canarys Automations ranks #1021 out of 1652 companies in the Software industry, placing it in the top 61.8%.
Is Canarys Automations' Days Inventory too high?
Canarys Automations' current Days Inventory of 18.52 is 22% below median its 10-year median of 23.68. Over the past 10 years, this metric has ranged from a low of 20.85 to a high of 37.04. The Software industry median Days Inventory is 20.38. Canarys Automations' value of 18.52 is 9.1% below this industry median. Based on the distribution chart, Canarys Automations ranks #1021 out of 1652 companies in the Software industry, which is below the industry midpoint. Overall, Canarys Automations has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Canarys Automations' Days Inventory compare to IBM and ACN?
According to the Software industry distribution chart, Canarys Automations ranks #1021 out of 1652 companies for Days Inventory. This places Canarys Automations in the lower half of its industry. The industry median Days Inventory is 20.38. Canarys Automations' value of 18.52 is 9.1% below this benchmark. Historically, Canarys Automations' own Days Inventory has ranged from 20.85 to 37.04 over the past decade. While the company's 10-year median is 23.68 vs. the industry median of 20.38, Canarys Automations has consistently been below 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 20.38, based on 1,652 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. Canarys Automations's current Days Inventory of 18.52 is 9.1% below 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 Canarys Automations and its competitors. For the Software industry, the median Days Inventory is 20.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canarys Automations's current Days Inventory is 18.52, which is 22% below median its own 10-year median of 23.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canarys Automations stock overvalued right now?
Canarys Automations (NSE:CANARYS) has a current Days Inventory of 18.52. The current Days Inventory is 18.52, which is 22% below median its 10-year median of 23.68 and 9.1% below the Software industry median of 20.38. Canarys Automations' overall GF Score™ is 20/100 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 Canarys Automations (NSE:CANARYS), the current Days Inventory is 18.52 as of Sep. 2025. 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.
Canarys Automations Ltd is an IT solutions provider specializing in enabling digital transformation for businesses through its software solutions in the areas of Digitalization, Modernization, Automation, and Intelligence. The company's solutions include Digital Transformation, Digital DevOps, Digital Assurance, Telemetry, Water Resources Management, and Cloud IT, and are delivered across industry sectors such as BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, and Insurance. it operates through two segments, Technology Solutions and Water Resource Management Solutions, with the majority of its revenue generated from the Technology Solutions segment. The company's revenue is generated from India sales, which contribute the maximum revenue, and international sales.
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