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Cigniti Technologies (NSE:CIGNITITEC) Days Inventory : 0.00 (As of Mar. 2025)


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What is Cigniti Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cigniti Technologies's Average Total Inventories for the three months ended in Mar. 2025 was ₹0 Mil. Cigniti Technologies's Cost of Goods Sold for the three months ended in Mar. 2025 was ₹3,103 Mil. Hence, Cigniti Technologies's Days Inventory for the three months ended in Mar. 2025 was 0.00.

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

NSE:CIGNITITEC's Days Inventory is not ranked *
in the Software industry.
Industry Median: 20.475
* Ranked among companies with meaningful Days Inventory only.

Cigniti Technologies's Days Inventory stayed the same from Mar. 2024 (0.00) to Mar. 2025 (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. Cigniti Technologies's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.00.


Cigniti Technologies Days Inventory Historical Data

The historical data trend for Cigniti Technologies'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.

Cigniti Technologies Days Inventory Chart

Cigniti Technologies Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Days Inventory
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Cigniti Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Cigniti Technologies's Days Inventory

For the Information Technology Services subindustry, Cigniti Technologies'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.


Cigniti Technologies's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Cigniti Technologies's Days Inventory falls into.


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Cigniti Technologies Days Inventory Calculation

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

Cigniti Technologies's Days Inventory for the fiscal year that ended in Mar. 2025 is calculated as

Days Inventory (A: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count ) / Cost of Goods Sold (A: Mar. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 12181.582*365
=0 / 12181.582*365
=0.00

Cigniti Technologies's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 3102.607*365 / 4
=0 / 3102.607*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.


Cigniti Technologies  (NSE:CIGNITITEC) 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.

Cigniti Technologies's Inventory Turnover for the three months ended in Mar. 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.

Cigniti Technologies's Inventory to Revenue for the three months ended in Mar. 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.


Cigniti Technologies Days Inventory Related Terms

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


Cigniti Technologies Business Description

Traded in Other Exchanges
Address
MGR Estates, Dwarakapuri Colony, Suite No. 106 and 107, 6-3-456/C, Panjagutta, Hyderabad, TG, IND, 500082
Cigniti Technologies Ltd is an India-based company engaged in Independent Software Testing Services. Its test offerings include Quality Engineering, Advisory and Transformation, Next Generation Testing, and Core Testing. The Company has only one reportable business segment, which is rendering of Digital Assurance and Engineering (Software testing) Services. The company's services include Agile testing, DevOps QA, Service Virtualization, Test Data Management, mobile testing, digital QA, Big Data and analytics testing, e-commerce testing, energy and utilities, medical device testing and game testing. It also provides functional testing, test automation, performance testing, security testing, enterprise resource planning (ERP) testing, regression testing, and globalization testing.

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