IKIO Technologies (NSE:IKIO) Days Inventory : 192.45 (As of Dec. 2024)

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What is IKIO Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). IKIO Technologies's Average Total Inventories for the three months ended in Dec. 2024 was ₹1,374 Mil. IKIO Technologies's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹652 Mil. Hence, IKIO Technologies's Days Inventory for the three months ended in Dec. 2024 was 192.45.

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

NSE:IKIO' s Days Inventory Range Over the Past 10 Years
Min: 96.87 Med: 157.77 Max: 181.76
Current: 172.56

During the past 5 years, IKIO Technologies's highest Days Inventory was 181.76. The lowest was 96.87. And the median was 157.77.

NSE:IKIO's Days Inventory is ranked worse than
76.27% of 2389 companies
in the Hardware industry
Industry Median: 96.75 vs NSE:IKIO: 172.56

IKIO Technologies's Days Inventory increased from Dec. 2023 (160.20) to Dec. 2024 (192.45). It might indicate that IKIO Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. IKIO Technologies's Inventory Turnover for the three months ended in Dec. 2024 was 0.47.

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. IKIO Technologies's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.13.

IKIO Technologies Days Inventory Historical Data

The historical data trend for IKIO 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.

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IKIO Technologies Days Inventory Chart

IKIO Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

96.87

143.14

157.77

181.76

178.93

IKIO Technologies Quarterly Data
	Mar20	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial									160.20	216.03	149.28	175.61	192.45

Competitive Comparison of IKIO Technologies's Days Inventory

For the Electronic Components subindustry, IKIO 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.

IKIO Technologies's Days Inventory Distribution in the Hardware Industry

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

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

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IKIO Technologies Days Inventory Calculation

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

IKIO Technologies's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (1206.26	+	1351.63)	/	2 )	/	2608.89	*	365
=	1278.945					/	2608.89	*	365
=	178.93

IKIO Technologies's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1374.19	+	0)	/	1 )	/	651.56	*	365 / 4
=	1374.19					/	651.56	*	365 / 4
=	192.45

IKIO Technologies (NSE:IKIO) 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.

IKIO Technologies's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	651.56	/	1374.19
	=	0.47

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.

IKIO Technologies's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1374.19	/	1215.16
	=	1.13

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.

IKIO Technologies Days Inventory Related Terms

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

IKIO Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IKIO Technologies Ltd (NSE:IKIO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

543923:India

Address

D 234, Sector 63, Noida, UP, IND, 201 301

Website

https://www.ikio.in

IKIO Technologies Ltd formerly IKIO Lighting Ltd is an Indian manufacturer of light-emitting diode (LED) lighting solutions. It is focused on sustainability and providing low-energy LED products to help India meet its sustainability goals. The company is an original design manufacturer (ODM) and designs, develops, manufactures, and supplies products to customers who further distribute them under their brands. The products are categorized as LED lighting; refrigeration lights; ABS (acrylonitrile butadiene styrene) piping; and other products.

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