Dev Information Technology (NSE:DEVIT) Days Inventory: 12.87 (As of Mar. 2026) — 53% Below Median


NSE:DEVIT Dev Information Technology Ltd NSE:DEVIT
69 GF Score
Price ₹26.27
GF Value ₹56.58
Valuation Possible Value Trap
! 4 Warning Signs
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What is Dev Information Technology Days Inventory?

Dev Information Technology NSE:DEVIT +0.11% 69 Days Inventory is 12.87 as of Mar. 2026, which is 53% below its 10-year median of 27.10. GuruFocus rates NSE:DEVIT with a GF Score™ of 69/100 and a GF Value™ of ₹56.58 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,650 Software companies, Dev Information Technology ranks better than 55.03% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Dev Information Technology's Average Total Inventories for the three months ended in Mar. 2026 was ₹65 Mil. Dev Information Technology's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹458 Mil. Hence, Dev Information Technology's Days Inventory for the three months ended in Mar. 2026 was 12.87.

The historical rank and industry rank for Dev Information Technology's Days Inventory or its related term are showing as below:

NSE:DEVIT' s Days Inventory Range Over the Past 10 Years
Min: 14.42   Med: 27.1   Max: 36.71
Current: 14.78

During the past 13 years, Dev Information Technology's highest Days Inventory was 36.71. The lowest was 14.42. And the median was 27.10.

NSE:DEVIT's Days Inventory is ranked better than
55.03% of 1650 companies
in the Software industry
Industry Median: 20.13 vs NSE:DEVIT: 14.78

Dev Information Technology's Days Inventory declined from Mar. 2025 (14.49) to Mar. 2026 (12.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dev Information Technology's Inventory Turnover for the three months ended in Mar. 2026 was 7.09.

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. Dev Information Technology's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.12.


Dev Information Technology  (NSE:DEVIT) 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.

Dev Information Technology'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.

Dev Information Technology'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.


Dev Information Technology Days Inventory Related Terms


Dev Information Technology Days Inventory Historical Data

* Premium members only.

The historical data trend for Dev Information Technology'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.

Dev Information Technology Days Inventory Chart

Dev Information Technology 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 27.23 15.74 14.42 16.43 14.48

Dev Information Technology 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 14.49 17.93 15.41 14.13 12.87

NSE:DEVIT vs IBM, ACN, FISV: Days Inventory Comparison

For the Information Technology Services subindustry, Dev Information Technology'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.


Dev Information Technology Days Inventory vs Software Industry

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

* The bar in red indicates where Dev Information Technology's Days Inventory falls into.


NSE:DEVIT
69GF Score
Dev Information Technology Ltd NSE:DEVIT
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Dev Information Technology Days Inventory Calculation

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

Dev Information Technology'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
=( (73.071 + 64.624) / 2 ) / 1735.899*365
=68.8475 / 1735.899*365
=14.48

Dev Information Technology'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 + 64.624) / 1 ) / 458.235*365 / 4
=64.624 / 458.235*365 / 4
=12.87

* 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 12.87 mean?
Dev Information Technology (NSE:DEVIT) has a Days Inventory of 12.87 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Dev Information Technology and its competitors. This is 53% below median its historical median of 27.10. Over the past decade, Dev Information Technology's Days Inventory has ranged from 14.42 to 36.71. According to the industry distribution chart, Dev Information Technology ranks #742 out of 1650 companies in the Software industry, placing it in the top 45%.
Is Dev Information Technology's Days Inventory too high?
Dev Information Technology's current Days Inventory of 12.87 is 53% below median its 10-year median of 27.10. Over the past 10 years, this metric has ranged from a low of 14.42 to a high of 36.71. The Software industry median Days Inventory is 20.13. Dev Information Technology's value of 12.87 is 36.1% below this industry median. Based on the distribution chart, Dev Information Technology ranks #742 out of 1650 companies in the Software industry, which is above the industry midpoint. Overall, Dev Information Technology has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Information Technology's Days Inventory compare to IBM and ACN?
According to the Software industry distribution chart, Dev Information Technology ranks #742 out of 1650 companies for Days Inventory. This puts Dev Information Technology in the upper half of its industry. The industry median Days Inventory is 20.13. Dev Information Technology's value of 12.87 is 36.1% below this benchmark. Historically, Dev Information Technology's own Days Inventory has ranged from 14.42 to 36.71 over the past decade. While the company's 10-year median is 27.10 vs. the industry median of 20.13, Dev Information Technology 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 20.13, based on 1,650 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. Dev Information Technology's current Days Inventory of 12.87 is 36.1% 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 Dev Information Technology and its competitors. For the Software industry, the median Days Inventory is 20.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Information Technology's current Days Inventory is 12.87, which is 53% below median its own 10-year median of 27.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Dev Information Technology (NSE:DEVIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.58, compared to a current price of ₹26.27 — trading 53.6% below its estimated fair value. The current Days Inventory is 12.87, which is 53% below median its 10-year median of 27.10 and 36.1% below the Software industry median of 20.13. Dev Information Technology's overall GF Score™ is 69/100 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 Dev Information Technology (NSE:DEVIT), the current Days Inventory is 12.87 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 Dev Information Technology (NSE:DEVIT) Overvalued in 2026?

Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued. The current stock price of ₹26.27 is trading 53.6% below its estimated GF Value™ of ₹56.58. GuruFocus considers Dev Information Technology to be Possible Value Trap.

Key valuation signals for NSE:DEVIT:

  • Days Inventory: 12.87 (53% below median its 10-year median of 27.10)
  • GF Value™: ₹56.58 vs. price of ₹26.27 (53.6% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 36.1% below the Software median (#742 of 1650)

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


Dev Information Technology Business Description

Other Exchanges 543462:India
Address Thaltej - Shilaj Road, 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej, Ahmedabad, GJ, IND, 380059
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.
69GF Score

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

₹26.27
Price
₹56.58
GF Value