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IZMO (NSE:IZMO) Days Inventory : 0.24 (As of Sep. 2024)


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What is IZMO Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). IZMO's Average Total Inventories for the three months ended in Sep. 2024 was ₹1 Mil. IZMO's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹323 Mil. Hence, IZMO's Days Inventory for the three months ended in Sep. 2024 was 0.24.

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

NSE:IZMO' s Days Inventory Range Over the Past 10 Years
Min: 0.1   Med: 0.29   Max: 7.78
Current: 0.25

During the past 13 years, IZMO's highest Days Inventory was 7.78. The lowest was 0.10. And the median was 0.29.

NSE:IZMO's Days Inventory is ranked better than
95.18% of 1555 companies
in the Software industry
Industry Median: 18.72 vs NSE:IZMO: 0.25

IZMO's Days Inventory increased from Sep. 2023 (0.21) to Sep. 2024 (0.24). It might indicate that IZMO's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. IZMO's Inventory Turnover for the three months ended in Sep. 2024 was 373.81.

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. IZMO's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.


IZMO Days Inventory Historical Data

The historical data trend for IZMO'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.

IZMO Days Inventory Chart

IZMO Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.37 0.32 0.26 0.21

IZMO Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.21 0.19 - - 0.24

Competitive Comparison of IZMO's Days Inventory

For the Software - Application subindustry, IZMO'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.


IZMO's Days Inventory Distribution in the Software Industry

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

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



IZMO Days Inventory Calculation

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

IZMO'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
=( (0.495 + 0) / 1 ) / 854.91*365
=0.495 / 854.91*365
=0.21

IZMO's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0.865) / 1 ) / 323.344*365 / 4
=0.865 / 323.344*365 / 4
=0.24

* 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.


IZMO  (NSE:IZMO) 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.

IZMO's Inventory Turnover for the three months ended in Sep. 2024 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.

IZMO's Inventory to Revenue for the three months ended in Sep. 2024 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.


IZMO Days Inventory Related Terms

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


IZMO Business Description

Traded in Other Exchanges
Address
Bannerghatta Road, Billekahalli Industrial Area, 177/2C, P.O. Box 7620, Bangalore, KA, IND, 560 076
IZMO Ltd is an India-based company engaged in interactive marketing solutions. It offers hi-tech automotive e-retailing solutions. Geographically, the reportable segments are Export and Domestic, and the majority of revenue is generated from exports. The company solutions include Automotive Solutions; Business Websites; Interactive Media Solutions and Enterprise Products.

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